General insurance

Refund of Insurance Duty

As a result of a recent NSW Court case, insurance policyholders may be entitled to a refund of duty. The refund will apply to duty paid on general insurance effected in NSW prior to 20 June 2006 with an insurer that was not registered or authorised under the Insurance Act 1973.

The relevant insurers include overseas insurers that were not, at the relevant time, authorised to conduct insurance business in Australia under the Insurance Act and Lloyds underwriters.

Policyholders may request a refund of duty paid in a five year period prior to the date on which the application is made. You should contact your insurance intermediary to discuss any insurance duty you have paid as you may be eligible to apply for a refund.

To apply, you should complete the ’Request for Refund of Duty on Insurance taken out with Non-Registered/Unauthorised Insurers’ application form and provide details of evidence required in support of your application.

All applications should be marked:

Enquiries can be made by contacting Phone: 1300 139 817 Email: returns@osr.nsw.gov.au

For more information, read the documents below

What is general insurance?

General insurance is any kind of insurance that is applicable to:

Car, home and contents insurance are examples of general insurance.

General insurance does not include life insurance, a life insurance rider or insurance that is exempt from duty.