2013

The Premium Tax and Fees Section is responsible for the tax regulation of all insurance companies, whether admitted or non-admitted, that are authorized, approved, or registered to transact business in the state of Delaware. This includes responsibility for the timely preparation, collection, recording, analysis, and reporting of all insurance premiums, taxes, and fees; and for ensuring company compliance with Delaware insurance tax laws and other applicable laws in the Delaware Code. In addition, all Risk Purchasing Group applications for registration are reviewed by the Premium Tax and Fees Section, and Risk Purchasing Group regulation falls to this Section of the Department. Another function of the Premium Tax and Fees Section is the regulation of Surplus Lines brokers, including policy reporting and compliance enforcement, along with the collection of surplus lines premium tax.

OPTins – ONLINE PREMIUM TAX FOR INSURANCE

Now that OPTins offers both ACH Credit and ACH Debit as payment options, the Delaware Insurance Department even more strongly encourages all companies - including tax-exempt companies that pay annual renewal fees - to use OPTins to submit Delaware premium tax and annual renewal forms and payments electronically. OPTins is the preferred method for submitting calendar year 2013 annual premium tax and fees, however, OPTins is not mandatory at this time.

OptIns

Click Here to Participate

General Information

Click the links below if you have questions about any of the following Premium Tax Related topics:

Amendments
Delaware Domestic Insurers' Privilege Tax
Employer / Trust Owned Life Insurance
Fee Schedule
Fire Tax Information
Franchise Tax (Note: Div. of Corporations collects Franchise Taxes)
Fraud Prevention Bureau Fee Information
Guaranty Fund Credits
Mutual Benefit Associations
Privilege Tax
Retaliatory Tax
Surplus Lines
Workers' Compensation and Employers' Liability Insurers

Forms

NEW CY 2013 Premium Tax and Annual Renewal Forms

Admitted Insurers (Life, Accident, Health; Property-Casualty, and Title Companies)

CALENDAR YEAR 2013 ANNUAL PREMIUM TAX AND FEES REPORTS

ATTENTION ALL COMPANIES SUBJECT TO TAXES SPECIFIED IN 18 Del. C. Sections 702 & 703; including admitted Alien (U.S. Branch) Insurers; Foreign and Domestic Property-Casualty, Life, Accident, Health Insurers and Medicare Prescription Drug Plan Providers; Foreign Risk Retention Groups, and Title Insurers:

THE UPDATED CALENDAR YEAR 2013 ANNUAL PREMIUM TAX AND FEES REPORTS (WORKING FORMS T-1 THROUGH T-8) FOR BOTH FOREIGN AND DOMESTIC INSURERS ARE NOW AVAILABLE AT THE LINKS BELOW.

Captive Insurers

  • Captive Annual Form - All Delaware Captive Insurers, except Sponsored Captive Insurers and Protected Cells, but including Delaware domiciled Risk Retention Groups, should use this form. Sponsored Captives and Protected Cells use the form below.
  • Sponsored/Cells Annual Form
  • Special Purpose Series Captive Form - This form is to be used by Special Purpose Series Captive Core companies and Series Business Units. Both Part 1 and Part 2 must be completed and submitted together or the filing will be considered incomplete. Filing of these forms is required regardless of business activity.
  • Part 1 - Special Purpose Captive Core Company Tax Form
    Part 2 - Series Business Unit Premium Activity Form
  • Captive Insurer taxation in accordance with the Delaware Revised Captive Insurance Act, enacted July 12, 2005.

Dental Plan Organizations (DPO)

Fraternal Benefit Societies

Health Maintenance Organizations (HMO)

Health Service Corporations (HSC)

Non-Admitted Insurers

Purchasing Groups (PG)

Risk Retention Groups (RRG) Foreign Only. Delaware domestic RRGs use Captive Form

Self-Procured Insurance


Wet Marine and Transportation Insurance

NOTICE: ONLY THOSE COMPANIES THAT HAVE WRITTEN WET MARINE AND TRANSPORTATION INSURANCE IN THE UNITED STATES DURING ANY OF THE PAST THREE YEARS ARE REQUIRED TO SUBMIT THIS FORM.

If your company has not written Wet Marine and Transportation Insurance as defined in Title 18, Delaware Code, Section 702 and Section 907, in any of the United States, in any of the past three years, the company is NOT required to file this tax form.

NOTE: ZERO REPORTS ARE NOT REQUIRED. DO NOT SUBMIT ZERO REPORTS.


CY 2013 Quarterly Prepayment Forms

Quarterly Estimated Payments

Prior Year Tax Forms for Amendments (due during 2014)

Forms for amendments can be obtained by clicking the link above labeled “Amendments”.

Tax and Renewal questions may be directed to Ann Fletcher, Tax & Fees Coordinator at Ann.Fletcher@state.de.us