Home
Duties
Insurance duty
Eligibility tester

Insurance duty exemption eligibility tester

Use this interactive tool to work out if you need to pay insurance (stamp) duty on your policy and, if so, the rate of duty that will apply.

Transfer duty
Self assessors
Businesses, trusts and investors
Insurance duty
- Register for insurance duty
- Rates
- Eligibility tester
- Exemptions
- Apportionment of premiums
- Lodging returns
Vehicle registration duty
Private rulings for duties
Public rulings and practice directions
Payment options

Insurers conducting business in Queensland are required to register as self assessors and lodge insurance duty returns. In most cases the duty is calculated on the premium, which is the total amount paid to the insurer for the insurance. The rate at which insurance duty is charged varies depending on the type of insurance.

When the insured property is located in Queensland and another state, the premiums need to be apportioned so that the duty can be calculated correctly. Different rates apply to these insurance types:

general—Class 1 and 2
compulsory third party (CTP)
life
accident.

Exemptions can apply to other types of insurance, and to insurance for charitable institutions and community organisations.

You can use this interactive tool to determine if you need to pay duty on your policy.

Insured persons: In most cases, your insurer will have paid duty to us on your behalf. You should check your insurance invoice or confirm with your insurer if you have any queries.

- Step 1 of 37

What type of insurance policy do you have? *

General insurance
Life insurance
A combined policy of life and general insurance
Accident insurance

What is the type of general insurance? *

Compulsory third party
Goods in transit
Health insurance
Life insurance rider
Marine insurance
Mortgage insurance
Motor vehicle
Personal injury to a person relating to the person's travel on an aircraft
Professional indemnity
Public liability insurance
Reinsurance
Travel insurance
Other

If you are unsure which type of general insurance you have, contact us on 1300 300 734.

Is the insured person a not-for-profit community organisation? *

Does the insured person have an exemption letter from us? *

To apply for an exemption, you must lodge a Form 8.3—Not-for-profit community organisation insurance duty exemption.

Do both parties to the contract meet the definition of insurers under the Duties Act? *

Is the insured person a Queensland resident or Queensland business? *

Does the policy relate solely to Queensland property or a risk likely to occur in Queensland? *

What type of life insurance does the policy relate to? *

Temporary or term insurance
Other

Does the life policy relate to at least 1 Queensland resident? *

Where is the insured person travelling? *

Inbound (within Australia)
Outbound (overseas)

Is the mortgage for your home? *

A home mortgage is a mortgage that is used to buy or build a person's home or acquire a further interest in the home.

Is this the first mortgage over the property? *

Is the boat used mainly for commercial purposes? *

Does the policy relate to physical loss or damage to the hull? *

Does the life policy also relate to interstate or overseas residents? *

What type of vehicle is being insured? *

Private vehicle
Commercial vehicle
Federal interstate registered vehicle
Unregistered vehicle

Is the vehicle normally located or garaged in Queensland? *

Is the vehicle registered or taken to be registered in Queensland? *

Does the life insurance rider relate to at least 1 Queensland resident? *

A life insurance rider is attached to a life insurance policy and provides for additional capital payments if the insured person becomes disabled or accidentally dies. All or part of the premium for the rider must be stated separately on the policy.

Does the rider also relate to interstate or overseas residents? *

Does the policy relate to at least 1 person performing work in Queensland? *

Does the policy also relate to persons working outside Queensland? *

Is the policy written by a private health insurer under the Private Health Insurance Act? *

Is the policy for the physical loss or damage of goods in transit, or for the loss of freight of goods in transit? *

Does the cover include: *

both hospital and medical benefits?
hospital benefits?
medical benefits?
none of the above?

Has your insurer charged insurance duty on your premium? *

Has your insurer charged insurance duty on your first premium? *

Combined policies

The policy is treated as 2 types of insurance. The premiums have to be apportioned between both life and general insurance.

Certain riders attached to life insurance policies can be either class 1 or class 2 general insurance. Premiums for riders that meet the definition of a life insurance rider are treated as class 2 general insurance.

Accident insurance

The rate of duty payable is 5% of the net premium.

Net premiums are all amounts charged to policy holders for premiums after any adjustments are made for any previous period.

Accident insurance is defined under the Workers’ Compensation and Rehabilitation Act 2003.

Next step

WorkCover Queensland will calculate the duty payable for any policy and will include the duty amount in the overall premium.

General insurance

The amount of insurance duty imposed on a premium for CTP insurance is 10 cents.

No duty payable

Based on the information that you have provided, you do not need to pay duty.

Insurance duty is not imposed on a contract of insurance for the physical loss or damage to goods in transit, or for the loss of freight of goods in transit.

No duty payable

Based on the information that you have provided, you do not need to pay duty.

Insurance duty is not imposed on a contract of insurance that is issued by a private health insurer and provides hospital benefits or medical benefits, even if other benefits are also provided.

No duty payable

Based on the information that you have provided, you do not need to pay duty.

Insurance duty is not imposed on a contract of insurance for the physical loss or damage to the hull of a boat used primarily for commercial purposes.

This exemption does not cover liability for third-party damage or for non-physical loss, such as loss of the crew’s wages. If your policy covers non-exempt risks such as these, the premium will need to be apportioned to ensure the exemption is applied correctly.

No duty payable

Based on the information that you have provided, you do not need to pay insurance duty.

Next step

You must give your insurer a copy of the exemption letter to ensure that you are not charged insurance duty on your public liability policy.

No duty payable

Based on the information that you have provided, you do not need to pay duty.

Insurance duty is not imposed on a contract of reinsurance between one insurer and another insurer.

General insurance

Based on the information that you have provided, your insurance contract is assessed as class 1 general insurance. The duty rate is 9% of the premium paid.

As the property or risk covered is not solely in Queensland, the premiums may need to be apportioned between the states.

Insurance duty exemption eligibility tester

Combined policies

Accident insurance

Next step

General insurance

No duty payable

No duty payable

No duty payable

No duty payable

Next step

No duty payable

General insurance

Next steps

General insurance

Next steps

General insurance

Next steps

Life insurance

Next steps

Life insurance

Next steps

Life insurance

Next steps

Life insurance

Next steps

No duty payable

Next steps

General insurance

Next steps

General insurance

Next steps

General insurance

Next steps

General insurance

Next steps

Life insurance

Next steps

Life insurance

Next steps

Life insurance

Next steps

Life insurance

Next steps

General insurance

Next steps

General insurance

Next steps

General insurance

Next steps