Pro-Business Environment
Fair & Responsive
Iowa is a pro-business state. State leaders are committed to enacting policy’s that help finance and insurance companies hire, train and employ more Iowans. Iowa regulators are well known for being efficient, responsive and fair, as evident in its premium tax rate being one of the lowest in the country — at just one percent.
All of this directly benefits the bottom lines of finance and insurance companies—and is a primary reason the industry has boomed in Iowa.
1%
state insurance premium tax
0
state premium taxes on sales of annuities or qualified life insurance plans
0
additional surtaxes or income taxes on insurance carriers
#6
The Nation's 6th lowest Cost of Doing Business
FORBES, 2017
South Dakota #4
Nebraska #15
New York #44
Connecticut #47
