Taiwan Financial Holdings is actively developing products designed to meet economic security needs in a time of demographic ageing, so that customers can plan out insurance coverage that will take care of their needs for retirement income, health care, and personal care. Principal products and services launched thus far include the following:
- Trust products: Retirement trusts that combine the features of trusts and insurance.
- Reverse mortgages: A reverse mortgage is a loan that enables a customer to extract liquidity from a self-owned property.
- nsurance products: Long-term care, disabled care, whole life medical insurance, cancer health insurance, catastrophic illness insurance, and many other types of life insurance products.
- Insurance policy conversions: Existing policies from BankTaiwan Life Insurance Co. meeting certain conditions can be converted to long-term care or whole life health policies.
- Fund investments: Customers are provided with information on BOT-launched funds in which they might wish to invest. The target funds are chosen with appropriate consideration given to such factors as fund size, returns, and volatility as well as the age of each individual customer.