Phoenix Ireland








Government Levy
Information about the 1% premium levy

The Finance Act 2009 introduced a 1% levy on premiums invested in life assurance policies with effect from 1st August 2009.

Given this situation we would like to update you on our position:

  • We will not deduct the levy from any premiums invested during August and September 2009

  • This applies to all our products, regular and single premiums.

  • We will not retrospectively deduct the levy from premiums invested during August and September 2009

Refer to links below for information, sample letters and a list of questions and answers about the levy.

Levy update for our customers
Questions & Answers Read More
Release: 10th May 2010
Levy mailing to our customers
Sample Policyholder letter Read More
Sample Intermediary letter Read More
Questions & Answers Read More
Release: 1st September 2009
Levy announcement
Information for our Policyholders Read More
Information for our Intermediaries Read More
Release: 5th August 2009



Phoenix Life Limited, trading as Phoenix Ireland, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom and is regulated by the Central Bank of Ireland for conduct of business rules.