| News > Important information on 1% Government Levy on Life Assurance policies The Minister for Finance announced the introduction of a new 1% Levy
on premiums to Life Assurance policies in the supplementary budget in
April. Under the Finance Bill 2009, the levy will apply to life assurance premiums paid into both new and existing policies on or after 1st August 2009. The attached document outlines further details regarding our current position.
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