I vividly remember years ago when I had my first job, insurance agents would somehow get your name and rushed in droves to underwrite your life insurance.
In those days (the seventies) all insurance premiums were tax deductible, including NIS contributions but, over the years, both premiums and contributions fell away as tax deductible allowances.
I can understand why the insurance premiums were categorised as non-claimable. The insured, after a minimum of two years, surrendered their policies thus cashing in on 24 monthly tax free premiums in one lump sum.
But why did the NIS contributions fall away as tax deductible? It is a mandatory 5.2% of your gross income. It may be considered a miniscule tax relief but it would help to alleviate the already overtaxed employee.
Legislation should be speedily put in place to make the mandatory NIS employee contributions tax exempt.