Budget 2026: Life and general insurers pitch reforms to deepen coverage, boost affordability

As the Union Budget 2026 draws closer, life and general insurers are calling for targeted fiscal and structural reforms to make insurance more affordable and accessible. Industry leaders say tax parity, digital infrastructure and climate-risk frameworks are essential to deepen coverage and accelerate progress toward the goal of Insurance for All by 2047. The sector is looking to the Budget to convert recent reforms into measurable gains in penetration and protection.

Budget 2026: Life and general insurers pitch reforms to deepen coverage, boost affordability
As the Union Budget 2026 draws closer, life and general insurers are calling for targeted fiscal and structural reforms to make insurance more affordable and accessible. Industry leaders say tax parity, digital infrastructure and climate-risk frameworks are essential to deepen coverage and accelerate progress toward the goal of Insurance for All by 2047. The sector is looking to the Budget to convert recent reforms into measurable gains in penetration and protection.

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