LICIBSELIFE INSURA CORP OF INDIAMediumPositive
Announced Mon, 31 Aug, 2026 · 14:45 IST

LIC launches two new insurance products for domestic market

Regulatory Product ApprovalBusiness Updates View source PDFExplain this filing

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AI summary

LIC is launching two new insurance products for the domestic Indian market, available for sale from September 7, 2026. LIC's Bima Platinum is a Non-Par, Non-Linked Individual Savings Plan. LIC's Jeevan Raksha is a Non-Par, Non-Linked Individual Pure Risk Plan. Both products cater to the domestic market. The disclosure was filed under SEBI Listing Regulations.

Likely market impact

New products can help LIC expand its customer base and grow premium income, supporting long-term business growth.