Tax on non-life insurance in Belgium: increase effective July 1, 2026 (from 9.25 % to 9.60 %)

Effective July 1, 2026, the tax on non-life insurance in Belgium will increase from 9.25 % to 9.60 %. Adopted as part of the new tax law, this 0.35 % increase applies not only to most everyday insurance policies (auto, home, liability), but as well as all transactions and fees related to these contracts (including management fees).

Here's everything you need to know about the scope of application, the effective date, and the impact on your insurance premiums.

In Summary: Key Points of the 2026 Tax Increase

• New rate: 9.60 % (compared with 9.25 % previously).
• Effective Date: July 1, 2026.
• Scope: Non-life insurance premiums and related transactions (fees, management expenses, amendments).
• Golden Rule: The application depends entirely on the due date from the premium or the invoice.

Which transactions and insurance policies are subject to the 9.60 % rate?

The increase applies to most so-called «non-life» insurance policies (covering property, liability, or risks), as well as to ancillary services related to the management of these policies.

Affected contracts and fees (increase to 9.60 %)

• Car & Motorcycle Insurance (excluding any existing specific taxes).
• Fire and Home Insurance (landlord and tenant).
• Liability Insurance (Personal Liability, Professional Liability).
• Legal Protection Insurance.
• Accident Insurance.
• Management Fees and Expenses: All transactions related to non-life insurance contracts (application fees, brokerage or management fees, and endorsements) are subject to the same tax increase.

Exempt Contracts (rate unchanged)

Certain insurance sectors are not affected by this increase and will retain their current tax regime:

• Life and Death Insurance (Class 21, Class 23).
• Workers' Compensation Insurance.
• Credit Insurance.
• Marine, inland waterway, and transportation insurance.

When will the price increase be reflected on your bill?

The application of the 9.60 % rate depends solely on the due date of the premium or related charges (the date on which payment becomes legally due).

Administrative note: The SPF Finance's IT systems have been updated to automatically apply this new rate starting in July 2026.

What is the financial impact on policyholders and businesses?

The impact remains moderate but affects several expense categories:

1. Individuals: A slight increase in the total fee, including premiums and any administrative or billing fees.
2. Businesses & Self-Employed Individuals: In addition to the premiums that need to be adjusted in the budgets, the management fees Fees charged by insurance intermediaries on non-life insurance policies will also be subject to this 0.35 % tax increase.

Another Tax Measure: Impact on Branch 23

The same law provides for an increase in the tax on securities accounts, which rises from 0.15 % to 0.30 %. This could indirectly affect savers who have invested in Branch 23 insurance policies, with the tax being deducted from the underlying securities account held by the insurer.

FAQ: Your Questions About the 2026 Insurance Tax in Belgium

Can I cancel my insurance because of this rate increase?

No. Since this is a tax increase imposed by the Belgian government and not a rate increase decided independently by the insurer, it does not entitle you to cancel your policy without incurring a fee.

How does AVESTA help you optimize your insurance costs?

True to his promise "We take care of your business", AVESTA Insurance & Risk Solutions offers you its 360° approach:

• A comprehensive review of your insurance policies to eliminate duplicate coverage and overinsurance.
• Restructuring of deductibles and coverage levels.
• Proactive renegotiation of terms with insurance companies.

Need to optimize your insurance coverage?

To review your policies, analyze the impact of these new rates on your budgets, or consolidate your coverage, Contact @Avesta Insurance.