Article Content
Title: Financial-Supervisory-Insurance-IV-09402561251 (2005 . 05 . 26 Announced)
1 Policy period of Compulsory Automobile Liability Insurance

Promulgated on May 26, 2005
No. Financial-Supervisory-Insurance-IV-09402561251

Subject: Announcement for "Policy period of Compulsory Automobile Liability Insurance"

Foundation: Article 26 in the Compulsory Automobile Liability Insurance Act

Content:
The policy period of the Compulsory Automobile Liability Insurance is as follows:
1. Automobiles: The policy period is one year, except for the motorcycle otherwise provided as below.
2. Motorcycles: The policy period is one to two years.
3. Automobiles or motorcycles with a temporary license plate or a test plate, or mobile machineries with a temporary pass: The policy period is the same as the valid period of the plate or the pass, no longer than one year.


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