Life Insurance Corporation of India has informed the Exchange regarding the launch of two new products and one rider which will be available for sale w.e.f. July 04, 2025.
LICI · price
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LIC has informed the stock exchanges about the launch of two new life insurance products and one health rider, available for sale from July 4, 2025. The new offerings are LIC's Nav Jeevan Shree (a non-linked, non-participating individual savings plan), LIC's Nav Jeevan Shree – Single Premium variant, and LIC's Critical Illness Health Rider. All three products are targeted at the domestic Indian market. The announcement was made under SEBI's Listing Regulations requiring disclosure of new product launches.
Product diversification and entry into the critical illness rider segment could support LIC's premium growth and market share, though short-term stock price impact is likely limited as new product launches are routine for large insurers.