Insurance duty calculator

​​​​​​​​Calculate your​ general and life insurance duty.​​

General Insurance Duty Calculator

When was premium paid?
Before 1 October 2012 - 8%
On or after 1 October 2012 - 10%
Premium paid
Duty Owed

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​Sum Insured ​Rate of Duty
​$0 - $2,000 ​10 cents per $200, or part thereof, of the sum insured
​Over $2,000 ​$1 plus 20 cents per $200, or part thereof, of the sum insured that exceeds $2,000

Life Insurance Duty Calculator

Sum insured
Duty Owed

Temporary or Term Insurance Duty Calculator - 5%

1st years Premium paid
Duty Owed

Mortgage Insurance Duty Calculator - 2%

Premium paid
Duty Owed


 
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