Life Insurance Surges Past ₹4 Trillion with GST Boost!

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Life Insurance Surges Past ₹4 Trillion with GST Boost!

The life insurance champs just scored big! In FY26, they celebrated a 15.7% jump in new business premiums, crossing the ₹4 trillion mark for the first time. Thanks to a magical GST cut from 18% to zero, both LIC and private insurers are back in the game, selling policies like hotcakes after a couple of tough years.