Mother's Day Arrives: Insurance Industry Suggests Policy Check-ups, Advises Attention to 2 Risks
Coinciding with Mother's Day, the insurance industry recommends that children help their mothers conduct policy check-ups to reinforce coverage against two major risks: late-life long-term care and longevity. Emphasizing women's longer average lifespans, they urge strengthening policies to address rising medical costs and the adoption of new medical technologies.
📋 Article Processing Timeline
- 📰 Published: May 10, 2026 at 16:41
- 🔍 Collected: May 10, 2026 at 17:01 (20 min after Published)
- 🤖 AI Analyzed: May 10, 2026 at 18:15 (1h 13m after Collected)
TAIPEI, May 10 (CNA reporter Su Ssu-yun) -- With Mother's Day approaching, insurance brokers suggest that children should accompany their mothers to conduct policy check-ups, focusing on reinforcing coverage for the two major risks in later life: long-term care and longevity. Insurance industry observations indicate that women's average lifespan is longer than men's, and if there are high-age medical needs, insurance policies can enhance protection.
The Financial Supervisory Commission today issued a press release, reminding mothers to regularly review gaps in their insurance coverage. In addition to obtaining necessary protection from general life, accident, health, or annuity insurance, they can also appropriately assess their needs and subscribe to women-specific insurance tailored for them.
Everpro Insurance Brokers suggests that children should accompany their mothers for in-depth "policy check-ups," making adjustments and plans for the two most important risks in later life: long-term care and longevity. The average life expectancy of Taiwanese people has exceeded 80 years, with approximately 8.4 years spent in an unhealthy state requiring long-term care. Furthermore, with advances in medical technology, minimally invasive surgery, Da Vinci robotic surgery, and other technologies are becoming increasingly widespread, leading to continuously rising medical expenses.
Wu Po-chin, Assistant General Manager of Everpro Insurance Brokers, urged that over the past 10 years, medical service price indices have risen annually, with medical service inflation even reaching 4.47% in March 2024. If relying solely on the basic social welfare system, facing the need for new technologies, special assistive devices, targeted drugs, or high-quality private hospital rooms, it will be difficult for life in old age to be chosen according to personal wishes.
Everpro Insurance Brokers suggests perfecting the protection framework based on three lines of thought during policy check-ups: First, review existing gaps. Many mothers purchased actual reimbursement or surgical insurance early on, but the coverage might be insufficient for modern minimally invasive surgeries that can cost hundreds of thousands of dollars. Second, establish long-term care protection, assessing the allocation of disability insurance and long-term care insurance. Third, initiate supplementary coverage with increasing whole life insurance. For areas with insufficient protection, use increasing whole life insurance as a backup.
Various life insurance companies also provide relevant suggestions for women's policies. Fubon Life points out that when women plan their cash flow, they should prioritize reviewing the stability of their asset allocation. Fubon Life's Fubon Wealthy Foreign Currency Insurance provides fixed survival payments to establish a source of cash flow; the policy dividends of the Fubon Blissful Long-Term Growth Increasing Participating Whole Life Insurance have the opportunity to participate in market growth, enhancing long-term asset appreciation potential.
Cathay Life recently partnered with Chang Hwa Bank to launch a women-exclusive US dollar interest-sensitive whole life insurance product, "Cathay Life Blossom Life US Dollar Interest-Sensitive Whole Life Insurance (Regular Payment Type)," focusing on common and high-risk specified illnesses for women, including autoimmune-related specified illnesses.
Nan Shan Life observes that mothers often have two major anxieties: one is the need for high-age medical care, and the other is the pressure of childbirth and newborn care. For the former, since women's average lifespan is longer than men's, they can utilize Nan Shan Life's Steady Health and Abundance Hospitalization Medical Whole Life Insurance (WEHS), which activates actual reimbursement after age 74, protecting high-age medical expenses. For the latter, Nan Shan also launched an upgraded women-exclusive policy, covering specific protections for each stage from girlhood to motherhood.
KGI Life points out that mothers can plan their assets through "annuity insurance" and then enhance current coverage gaps with "term life insurance," also making good use of online insurance platforms. (Edited by: Yang Lan-hsuan) 1150510
Choose to stand with facts, every sponsorship you provide is a force to protect press freedom.
Download the Central News Agency "First-Hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.
The Financial Supervisory Commission today issued a press release, reminding mothers to regularly review gaps in their insurance coverage. In addition to obtaining necessary protection from general life, accident, health, or annuity insurance, they can also appropriately assess their needs and subscribe to women-specific insurance tailored for them.
Everpro Insurance Brokers suggests that children should accompany their mothers for in-depth "policy check-ups," making adjustments and plans for the two most important risks in later life: long-term care and longevity. The average life expectancy of Taiwanese people has exceeded 80 years, with approximately 8.4 years spent in an unhealthy state requiring long-term care. Furthermore, with advances in medical technology, minimally invasive surgery, Da Vinci robotic surgery, and other technologies are becoming increasingly widespread, leading to continuously rising medical expenses.
Wu Po-chin, Assistant General Manager of Everpro Insurance Brokers, urged that over the past 10 years, medical service price indices have risen annually, with medical service inflation even reaching 4.47% in March 2024. If relying solely on the basic social welfare system, facing the need for new technologies, special assistive devices, targeted drugs, or high-quality private hospital rooms, it will be difficult for life in old age to be chosen according to personal wishes.
Everpro Insurance Brokers suggests perfecting the protection framework based on three lines of thought during policy check-ups: First, review existing gaps. Many mothers purchased actual reimbursement or surgical insurance early on, but the coverage might be insufficient for modern minimally invasive surgeries that can cost hundreds of thousands of dollars. Second, establish long-term care protection, assessing the allocation of disability insurance and long-term care insurance. Third, initiate supplementary coverage with increasing whole life insurance. For areas with insufficient protection, use increasing whole life insurance as a backup.
Various life insurance companies also provide relevant suggestions for women's policies. Fubon Life points out that when women plan their cash flow, they should prioritize reviewing the stability of their asset allocation. Fubon Life's Fubon Wealthy Foreign Currency Insurance provides fixed survival payments to establish a source of cash flow; the policy dividends of the Fubon Blissful Long-Term Growth Increasing Participating Whole Life Insurance have the opportunity to participate in market growth, enhancing long-term asset appreciation potential.
Cathay Life recently partnered with Chang Hwa Bank to launch a women-exclusive US dollar interest-sensitive whole life insurance product, "Cathay Life Blossom Life US Dollar Interest-Sensitive Whole Life Insurance (Regular Payment Type)," focusing on common and high-risk specified illnesses for women, including autoimmune-related specified illnesses.
Nan Shan Life observes that mothers often have two major anxieties: one is the need for high-age medical care, and the other is the pressure of childbirth and newborn care. For the former, since women's average lifespan is longer than men's, they can utilize Nan Shan Life's Steady Health and Abundance Hospitalization Medical Whole Life Insurance (WEHS), which activates actual reimbursement after age 74, protecting high-age medical expenses. For the latter, Nan Shan also launched an upgraded women-exclusive policy, covering specific protections for each stage from girlhood to motherhood.
KGI Life points out that mothers can plan their assets through "annuity insurance" and then enhance current coverage gaps with "term life insurance," also making good use of online insurance platforms. (Edited by: Yang Lan-hsuan) 1150510
Choose to stand with facts, every sponsorship you provide is a force to protect press freedom.
Download the Central News Agency "First-Hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.