Markets

Market Nav

News Details

14/10/2025 11:06

LIC to launch two new insurance products from October 15

The Life Insurance Corporation of India (LIC) has announced the launch of two new insurance products, effective October 15, 2025, as per a regulatory filing under Regulation 30 of the Listing Regulations.

The new offerings include:

LIC’s Jan Suraksha – a Non-Participating, Non-Linked, Individual Life Micro Insurance Savings Plan, designed for the domestic market.

LIC’s Bima Lakshmi – a Non-Participating, Non-Linked, Individual Life Savings Plan, also catering to the domestic market.

Both products are aimed at expanding LIC’s portfolio of savings and protection plans within India.