If you complete payment on or before December 31, 2023 your premium will include 8% GST. If you complete your full payment on or after 1 January 2024, your premium will include the prevailing rate of 9% GST. If you complete the purchase of a policy on or before 31 December 2023 under monthly instalment, 8% GST will apply and the upcoming increase in GST to 9% from 1 January 2024 will not affect the remaining monthly instalment payments deducted.