What is Insurance Premium Tax?

Find out about IPT and what it means for you.

Insurance Premium Tax, or IPT, is a tax charged by the UK Government that’s payable on most insurance products.
The total you pay for your insurance will include IPT.

IPT increased from 9.5% to 10% on 1 October 2016, and then again to 12% from 1 June 2017. These increases resulted from a change in Government legislation.

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Sales: (8am to 8pm Monday to Friday, 8am to 4pm on Saturday, closed Sunday). 

Claims helpline (including emergency repairs and catastrophe claims): 0330 102 4098 (24 hours a day, 365 days a year).

Advice line: 01455 255015 (please quote code number 71113 for this advisory service).

Customer service: 0330 102 4501 (8am to 8pm Monday to Friday, 8am to 4pm Saturday, closed Sunday) to make changes to an existing policy.

 

Calls may be recorded and monitored.

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