Iowa is a pro-business state. State leaders are committed to enacting policies 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

Zero

state premium taxes on sales of annuities or qualified life insurance plans

Zero

additional surtaxes or income taxes on insurance carriers

Iowa Has the Nation's 6th Lowest Cost of Doing Business

(Forbes, 2017)

#4

South Dakota

#15

Nebraska

#44

New York

Three engineers looking at computer
Skilled Workforce Opportunities

High Quality Jobs

Provides qualifying businesses assistance to offset some of the costs incurred to locate, expand or modernize an Iowa facility.