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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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