Khums: Is Insurance Compensation for Loss or Injury Liable for Khums?

Practical Laws of Islam as per the teachings of Imam Khamenei

Khums: Is Insurance Compensation for Loss or Injury Liable for Khums?

English:

Question #872:

Is money paid by insurance companies to the insured as a result of loss or injury subject to khums?

Answer #872:

The money, paid to the insured by insurance companies as compensation for loss, such as indemnity in the car/crop insurance, and property insurance against fire, is considered as one’s income. Therefore, one must pay khums on it unless it is spent on expenses of life by the end of khums year.

-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Khums