Life Insurance may become cheaper since GST is no more applicable starting 22nd September as per Indian govt. mandate.
With no GST, life insurance costs will be reduced & you will be getting the same coverage in a lesser premium.
With GST cuts by the Indian Govt., life insurance is cheaper as the 18% GST cost has been slashed.
With GST removed on life insurance, premiums are more affordable—making higher cover within reach.
To avail these benefits you should start exploring suitable life insurance plans to make the most out of it.