Commercial insurance is tax-deductible, but in our country there are very few insurances that can be tax-deducted, only tax-advantaged health insurance.

Accident insurance, medical insurance, critical illness insurance, and life insurance are not eligible for tax benefits.

However, it should be noted that tax-advantaged health insurance requires companies to insure it, and individuals cannot purchase it individually.

If you want to get a large tax deduction through insurance, it is relatively difficult to do.

In addition, paying taxes is the obligation of every citizen.

Warm reminder: The above information is for reference only.

Response time: 2021-09-23. For the latest business changes, please refer to the official website of Ping An Bank.