insurance essentials
Understanding Premium Tax on Life Insurance
Premium tax on life insurance is a state-imposed levy on policy premiums that insurers collect and remit; it varies by jurisdiction and policy type.
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Premium tax on life insurance is a state-imposed levy on policy premiums that insurers collect and remit; it varies by jurisdiction and policy type.
A breakdown of how state life insurance premium taxes applied in 2018, which states imposed them, and what the Tax Cuts and Jobs Act meant for policyholders.