Insurance Premium Tax

Bazile | 17:18 Mon 04th Sep 2006 | Business & Finance

3 Answers

If I cancel a home contents insurance policy , will I be refunded the Insurance Premium Tax element of the premium .
My insurance documentation seems to suggest that I will not be refunded the IPT element of the premium

The insured address is in England
( incidentally the policy has only just been renewed )

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No you won't.

dee5

I think it depends on your insurer. I work for an insurance company and we refund the IPT element .

I stand corrected!

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