How do I claim contributions to accident insurance as income-related expenses?

An accident insurance policy covering all accidents in daily life includes both private and occupational risks. Therefore, the insurance premiums can be partially deducted as business expenses and partially as special expenses. For simplicity, you can deduct 50% of the accident insurance premiums as business expenses and 50% as special expenses.

Simply include the premium invoice with your tax return. A certificate from the insurance company detailing the division of the premium between occupational and private risks is not required (BMF letter dated 28.10.2009, BStBl. 2009 I p. 1275, para. 1.3).

However, if you are engaged in a hazardous occupation and the occupational risk share is greater than 50%, you should have this certified by the insurance company. You should then attach this certificate to your tax return and claim the higher occupational share as business expenses. If in doubt, ask your insurance company.