Washington § 48.216.040 - Premium tax. (Effective January 1, 2027.)

Full text of Washington Revised Code of Washington § 48.216.040 — Premium tax. (Effective January 1, 2027.), with citation guidance and answers to common questions.

§ 48.216.040. Premium tax. (Effective January 1, 2027.)

(1) A travel insurer shall pay premium tax as provided in RCW 48.14.020 on travel insurance premiums paid by any of the following:
(a) An individual primary policyholder who is a resident of this state;
(b) A primary certificate holder who is a resident of this state who elects coverage under a group travel insurance policy; or
(c) A blanket travel insurance policyholder that is a resident in, or has its principal place of business or the principal place of business of an affiliate or subsidiary that has purchased blanket travel insurance in this state for eligible blanket group members, subject to any apportionment rules that apply to the insurer across multiple taxing jurisdictions or that permit the insurer to allocate premium on an apportioned basis in a reasonable and equitable manner in those jurisdictions.
(2) A travel insurer shall:
(a) Document the state of residence or principal place of business of the policyholder or certificate holder, as required in subsection (1) of this section; and
(b) Report as premium only the amount allocable to travel insurance and not any amounts received for travel assistance services, cancellation fee waivers, or other noninsurance services.
[ 2026 c 165 s 4.]

Notes

Effective date—2026 c 165 ss 1-13: See note following RCW 48.216.010.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 48.216.040

What does Revised Code of Washington § 48.216.040 cover?

Section 48.216.040 ("Premium tax. (Effective January 1, 2027.)") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 48.216.040?

A common citation format is "Revised Code of Washington § 48.216.040" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 48.216.040 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.