3 January 2013

The amendment Law should come into effect from 1st March 2013.
 
The Stamp Duty amendments in relation to insurance policies include:
 
  • EUR 2.00 per policy document for accident policies at issue or renewal
  • EUR 1.00 per policy document for fire policies where the sum insured is less than EUR 1,700 at issue or renewal
  • EUR 2.00 per policy document for fire policies where the sum insured is greater than EUR 1,700 at issue or renewal
  • EUR 18.00 per policy document for life where the sum insured is greater than EUR 8,500 at issue or renewal
  • EUR 0.07 at payment of premium where the premium is greater than EUR 4.0