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Do I pay tax on pet insurance policies?
25206General insurance products are taxed by the government. The tax is known as Insurance Premium Tax and pet insurance is taxed at the standard rate of 12% as of June 2017.
You don’t have to pay VAT on insurance.
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Pet insurance can be confusing.
Check out our A-Z glossary to make it easier to understand.
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Claims questions Policy questions What animals do you insure? What policies for dogs and cats? What policies for horses and riders? Which policy is right for me? Will you cover older pets? Cover for prior illness or injury? Exclusions applied to new policies? Do I pay tax on pet insurance? How do you calculate premiums? How do I get a quote? How can I pay my premiums? Date of first Direct Debit? Can I change my Direct Debit date? How do I change my address? Where can I find my policy number? How do I renew my policy? Can I change my level of cover? How do I cancel my policy? Is dental treatment covered? Is there a multi-pet cover? What breeds are excluded? How do I view my policy details online?
