Why Term Insurance Demand Exploded in 2025 🛡️📈 India is extremely price-sensitive—and the GST reforms (Oct 2025) proved it. Life insurance premiums jumped ~40%, with ₹42,000 Cr new business and 28 lakh policies sold in a single month. Why people are choosing Axis Max Life Smart Term Plan Plus: ✅ ₹2 Cr cover starting at ₹876/month ✅ 15% discount for salaried individuals ✅ Extra 15% discount for working women ✅ 99.70% claim settlement ratio ✅ 3-hour claim settlement for eligible cases ✅ Special
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