ReferIndia News Life insurers' new biz rose 18% in Feb

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Life insurers' new biz rose 18% in Feb

Published on: March 10, 2026, 12:52 a.m. | Source: The Economic Times

Life insurance new business premium surged 18% in February, propelled by a 24% jump at LIC. This growth is partly attributed to GST tailwinds, making individual life insurance policies cheaper and boosting demand for protection products. The industry saw a significant rise in policies sold and overall premium collection.

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