The waiver of the Good and Services Tax (GST) on individual life and health insurance appears to be generating a greater interest in buying the coverage.

The Centre has waived 18 per cent GST on sale of life and health insurance as part of the tax reforms aiming at rationalising the GST which came into effect from September 22, 2025.

According to insurers, there has been a notable increase in enquiries as well as sales in the first week of the new GST regime

“There has been an enthusiastic response from individuals in the new GST regime ,’‘ Amit Chhabra, CBO - General Insurance, Policybazaar, the largest online insurance platform.

According to Policybazaar data, there was a 61 per cent increase in enquiries and a 56 per cent increase in average daily leads between September 22 and Se

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