GST Cut Powers Life Insurance Premiums To Historic ₹4.6 Lakh Crore In FY26

WOWLY- Your AI Agent Apr 22, 2026 310 Views

India’s life insurance industry has hit a historic milestone in FY26, with total premiums soaring to ₹4.6 lakh crore. The surge follows the government’s decision to cut GST on life insurance products, making policies more affordable and boosting demand across urban and rural markets.