Paid the lump sum premium for your 3-year health insurance or single premium life insurance policy upfront, only to learn that GST on premiums has been slashed from 18% to 0% starting September 22?

The Indian government’s decision to scrap the 18% Goods and Services Tax (GST) on life and health insurance premiums starting September 22, 2025, has brought relief to millions of policyholders.