Life Insurance Corporation Of India has informed the Exchange about General Updates the Corporation is launcing a new Critical Illness Benefit Rider which will be available for sale w e f August 26, 2025
LICI · price
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LIC has informed the exchanges about the launch of a new product called 'LIC's Female Critical Illness Benefit Rider.' It is a non-linked, individual health rider meant for the domestic Indian market. The rider will be available for sale starting August 26, 2025. This is a targeted insurance product aimed at women, offering coverage for critical illnesses. The disclosure was made under SEBI's Listing Regulations to keep investors informed of the new product launch.
This is a routine new product launch that broadens LIC's health insurance portfolio, specifically targeting female customers. It may modestly help drive future premium growth and customer acquisition but is unlikely to cause any immediate material movement in the stock price.