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Personal Finance | Insurance Planning
What Actually Moves Your Term Insurance Premium. Now ~15% Cheaper.
GST on individual term insurance dropped from 18% to zero in September 2025. See exactly which five factors move your premium, run your own numbers, and find out how much cover you actually need.
0%
GST on term insurance, down from 18% (Sept 2025)
~15%
Lower premium for identical cover after the GST cut
15-20x
Recommended cover as a multiple of annual income
₹10K-12K
Typical premium: 30-yr-old, non-smoker, ₹1Cr, 30-yr term

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