Post-GST Relief, Indians Opt For Bigger Health Covers And Longer Policies In 2025: Policybazaar Data - News18

Last Updated: December 29, 2025, 14:39 IST Policybazaar reports GST removal boosted average sum insured in India to Rs 19 lakh, with rising demand for higher health, term, motor, and travel insurance. Health, Term, Motor Insurance See Strong Uptick in 2025 After GST Relief The average sum insured in India increased from Rs 14.5 lakh to Rs 19 lakh after GST removal on the insurance premium, accordi…