Following the removal of GST on insurance premiums from September 22, 2025, Indian consumers are opting for larger health insurance coverage and longer policy terms. Policybazaar data indicates a rise in demand for policies with sum insured between Rs 10-25 lakh and above Rs 25 lakh, alongside increased uptake of 4- and 5-year tenures. Term insurance demand also grew, with Rs 1 crore as the most popular cover. Motor insurance shows a surge in electric vehicle policies, and travel insurance is increasingly viewed as essential.