Tag: Personal Insurance

Fire safety – The rising risk of magnifying mirrors

When you think of fires in the home, you tend to think of electrical or kitchen fires, however there could be a less obvious risk sitting in plain sight. Although electrical equipment, candles and cooking equipment are still the main reasons for household fires, emergency services are seeing a rising trend of fires occurring due… Read more »

Insurance Premium Tax Increase 2017

What is Insurance Premium Tax (IPT)? IPT is a tax imposed by HMRC on general (both personal and commercial) insurance premiums. Prior to 1 June 2017 there were two rates of IPT. The first of these was a standard rate of 10% which applied to general insurances (such as motor, buildings and contents and commercial… Read more »