Insurance
Illogical statements cloud income protection debate
Wednesday 21st of July 2004
While Sovereign has urged advisers to check tax promises associated with income protection premiums on the basis that the IRD’s 1999 response to its ruling application confirms the 1994 Policy Statement.
McCrea says he agrees with Sovereign on the content of the 1994 policy statement, but notes that it is open to differing interpretations. Room for doubt is created.
There is a requiremen...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.