Post GST Removal, Indians Boost Life Insurance with Riders

After the Indian government removed the Goods and Service Tax (GST) on life insurance premiums, people are adding extra protections called 'riders' to their life insurance policies.

These riders, like critical illness coverage, help pay for medical expenses and provide a financial safety net.

Another popular rider, the waiver of premium rider, ensures that policyholders don't have to pay premiums if they become unable to work.

This is especially helpful for self-employed individuals.