On October 21, 2016, the Grand Justices issued J.Y. Interpretation No. 740, setting forth the following standard for determining whether the relationship between an insurance salesperson and the insurance company is one of employment: 1. whether the insurance salesperson is free to decide how to provide his/her services (e.g., the number of working hours required); 2. whether the insurance salesperson takes on business risk, or whether he/she receives a base salary or is subject to sales quota requirements; and 3. the fact that the “Regulations Governing the Supervision of Insurance Salespersons” is made applicable shall not be used as the sole basis to determine that the relationship is employment.