Tax exemption on householders' policy premium
Did you know that there are no tax exemptions on the premium paid for a householder's insurance policy?Apnainsurance.com Research Bureau
08 Jan 2008
Currently, income tax regulations do not offer any tax exemptions on the premium paid on householders' insurance policies. However, proceeds from a policy claim are exempted from tax.
See also:
Can premium be reduced by purchasing additional safety precautions?Impact of age of house on householders' policy cost
Discontinuing householders' insurance and refund
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