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LIC Unveils 3 New Insurance Plans Next Week
13 Oct
Summary
- Three new insurance products are launching on October 19.
- New offerings include annuity, health, and cancer cover.
- Products are non-participating and non-linked categories.
Life Insurance Corporation of India (LIC) has announced the upcoming launch of three new insurance products on October 19, 2026. These new offerings are designed to cater to a range of needs, including savings, health, and critical illness protection.
The new products include LIC's New Jeevan Dhara - II, a deferred annuity plan focused on savings, and LIC's Health Shield and LIC's New Cancer Cover, which are individual health insurance plans. All three are classified as non-participating and non-linked products.
These plans will be available for sale in the domestic market starting October 19, 2026. While the names and broad categories have been disclosed, specific details regarding premiums, eligibility, benefits, and terms are yet to be released. Prospective policyholders are advised to review the policy documents for comprehensive information.