The fees payable are tax exempt under the following conditions: (a) The tax exemption depends on the rate at which you are taxed. (b) The insurance coverage should be 15 times the annual fees. Insurance fees related to Medical Care are subject to a deduction from Income Tax up to the amount of 1.5% of earnings. (c) Insurance fees payable together with the contributions to the Social Insurance Fund and approved Pension and Health Funds must not exceed 1/5 of the taxable income. (d) Since 2002 the life insured and the owner must be the same person.