| Summary: | 碩士 === 國防大學國防管理學院 === 法律研究所 === 97 === Life insurance trust is a trust that use indemnity as principal. This trust will function as follow: The beneficiary will be taking good care as the settlor’s wish and prevent the trustee take over the principal. In Taiwan, the banks used handle this particular trust. However, For the convenience of the public who wishes to set up Life Insurance Trust and all insurance companies who willing to accept as part of their business, the legislative had pass Insurance Act article 138-2 as legal basis in July 18, 2007. In other words, banks and insurance companies can be trustee after new article of Insurance Act passed.
The purposes of this thesis are introduce Life Insurance Trust and discuss the legal issues. And we will also talk about what kind of problems might happen when banks or insurance companies actually practice in the real world.We hope this thesis can make a little effort of setting up Life Insurance Trust.
Key words: Insurance, Trust, Life insurance trust, Irrevocable life insurance trust, Insurance Act article 138-2.
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