
DancingDonut
3dby
🚨Group health insurance will still attract 18% GST
Here is a list of popular group policies:-
- Policies offered by your employer
- Policies sold by banks
- ICICI Lombard health shield 360
- CA group policy from New India Assurance
- Jain community policies from Star Health
- Group policies sold by fintech startups
All these policies have the following drawback
- Will still attract 18% GST
- Can be terminated at will by the insurer
- Can see steep premium hikes even without a claim
Be very careful and DO NOT BUY these policies. Personal health insurance is the only product to buy!
3d ago

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