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Taipei Insurance Lawyer

Hung Yi  Kuo, Esq.
Hung Yi Kuo, Esq.
hy@mail.fblaw.com.tw
+886-2-2705-8086
Brian Pin-Hsuan  Chang, Esq.
Brian Pin-Hsuan Chang, Esq.
brianchang@mail.fblaw.com.tw
+886 2 2705 8086

Formosan Brothers

8F, No. 376 Section 4, Jen-Ai Road
Taipei, Taiwan 10693

Experienced Taipei Insurance Lawyer

The term “insurance” is a contractual agreement, most commonly in the form of an insurance policy, which legally binds the insurer to cover the cost of all or any portion of damages suffered by the insured party as defined in the policy. In its essence, the purpose of insurance is to ad-measure the risks of a potential loss from the insured party. The area of insurance law involves the statutes regulating the business and commercial conduct of the insurance industry.

Trusted Taipei Insurance Attorney

While types of insurance vary widely, their primary goal is to allocate the risks of a loss from the individual to a great number of people. Each individual pays a “premium” into a pool, from which losses are paid out. The premium is not returnable is a loss is not suffered, in that case the payment is for ‘peace of mind”. Thus, when a loss is suffered, the loss is spread to the people contributing to the pool. To ensure these pools are properly managed and adequately funded, the government and the courts heavily regulate the insurance industry.

Formosan Brothers

8F, No. 376 Section 4, Jen-Ai Road
Taipei, Taiwan 10693

Contact This Firm

Formosan Brothers

8F, No. 376 Section 4, Jen-Ai Road
Taipei, Taiwan 10693

Law Firm Contact: Li-Pu Lee

Tel: +886 2 2705 8086

Fax: +886 2 2701 4705

Website: www.fblaw.com.tw

Member Since: 2011

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