ReferIndia News Insurance Gets Cheaper Under GST 2.0, Why You Should Buy Now Before Prices Go Up

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Insurance Gets Cheaper Under GST 2.0, Why You Should Buy Now Before Prices Go Up

Published on: Sept. 23, 2025, 8:30 a.m. | Source: Republic World

GST exemption on life and health insurance premiums makes policies cheaper, boosting affordability and encouraging wider coverage. Experts, however, warn that insurers may soon hike prices or trim distributor commissions to absorb input tax credit (ITC) losses.

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