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Is insurance expensive one operate of you. Here premium or payments of dues from all insurance contracts is taxed.

Exceptions

From the tax liability contributions are excluded to the legal and private life and ill, for legal unemployment insurance, for reinsurance as well as for small cattle insurance (insured sum to "€ 4,000). All contributions and premiums from all insurance contracts are further excluded, if these with foreign messages or their member including Konsularvertreter are closed, if it concerns foreigners.

Collection

Is insurance expensive a federal tax, which is levied by the countries. The tax is exhausted from the insurance companies for the insurant. Assessment basis for the tax is the yearly payment (contribution or premium). The exception forms the hail insurance, here after the insured sum.

Control items

Type of insuranceInsurance paymentInsured sum
General control item16%
Fire and FBU insurance11%
Property insurance, if fire is coinsured14,75%
Household insurance, if fire is coinsured15%
Hail insurance0,2"‰
Sea-going vessel all risks insurance on vehicles2%
Accident insurance with premium restitution3,2%

The incomes of the federation from that insurance-expensively amounted to in the year 2003 "€ 8.87 billion

Temporal development of the regulating of you set

From 1937 to 1988 the regulating of you set 5% of the Versicherungsentgelts.Am amounted to 1 January 1989 the rule set on 7% was raised. In the context of the solidarity law the rule set was raised to 1 July 1991 on 10%. Further increases followed on 1 July 1993 after 12% and with effect starting from 1 January 1995 after 15%. With the law for the financing of the terror fight (2001) as consequence of the terror notice on the World trade center with effect starting from 1 January 2002 the rise of the regulating of you set on 16% was decided. Together with the value added tax also the policy duty is to be raised to 1.1.2007 on 19%.

Legal basis

See insurance expensive law.

See also


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