Want to create an interactive transcript for this episode?
Podcast: The Morning Brief
Episode: Will GST-Free Insurance Truly Cut Your Premiums?
Description: India’s insurance sector is at a turning point with the government scrapping the 18% GST on health and life insurance premiums from September 22. Policies from term plans to ULIPs and health covers just got cheaper, but questions remain : Will insurers absorb the loss of input tax credit or pass on the full benefit to policyholders? In this episode of The Morning Brief, host Shilpy Sinha speaks with Kamlesh Rao, MD & CEO of Aditya Birla Sun Life Insurance, Nilesh Sathe, former Member of IRDAI, and Dr. Bhabatosh Mishra, COO of Niva Bupa Health Insurance to unpack the reform’s imp...