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Information about the 1% premium levy |
The Finance Act 2009 introduced a 1% levy on premiums invested in life assurance policies with effect from 1st August 2009.
Given this situation we would like to update you on our position:
- We will not deduct the levy from any premiums invested during August and September 2009
- This applies to all our products, regular and single premiums.
- We will not retrospectively deduct the levy from premiums invested during August and September 2009
Refer to links below for information, sample letters and a list of questions and answers about the levy.
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| Levy update for our customers |
| Questions & Answers Read More |
| Release: 10th May 2010 |
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| Levy mailing to our customers |
| Sample Policyholder letter Read More |
| Sample Intermediary letter Read More |
| Questions & Answers Read More |
| Release: 1st September 2009 |
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| Levy announcement |
| Information for our Policyholders Read More |
| Information for our Intermediaries Read More |
| Release: 5th August 2009 |
