5. Premiums paid to private insurance that exclusively cover the risk of severe or high dependency

premiums paid to private insurance that exclusively cover the risk of severe dependency or great dependency may be subject to reduction in accordance with the provisions of Law 39/2006, of December 14, of Promotion of Personal Autonomy and Care for people in situations of dependency ( BOE of 15).

Subjective scope

The premiums paid by give the right to reduce the general tax base of ##1 Personal Income Tax :

1. The taxpayer himself.
2. People who have a direct or collateral relationship with the taxpayer, up to and including the third degree.
3. The taxpayer's spouse.
4. Persons who had the taxpayer in their care under guardianship or foster care.

The premiums paid by the people referred to in letters b), c) and d) above are not subject to Inheritance and Donation Tax.

Target Scope

The aforementioned private insurance must in all cases meet the following requirements :

1. The taxpayer must be the policyholder, insured and beneficiary. Nevertheless. In the event of death, it may generate the right to benefits under the terms provided in the regulations governing pension plans and funds. 
2. The insurance will have to offer an interest guarantee and use actuarial techniques.