Life Insurance Corporation of India (LIC) has announced the launch of two new insurance products: LIC’s Jan Suraksha and LIC’s Bima Lakshmi, effective October 15, 2025. These products are designed for the domestic market and cater to individual savings and insurance needs. Both plans are non-par and non-linked, offering different savings and life insurance benefits to policyholders.
New Product Offerings
Life Insurance Corporation of India (LIC) is set to introduce two new insurance products to its portfolio, expanding its range of offerings for the Indian market. The launch is scheduled for October 15, 2025, marking a strategic move to cater to diverse customer needs.
LIC’s Jan Suraksha
LIC’s Jan Suraksha is designed as a non-participating, non-linked plan that focuses on individual savings and offers life micro insurance benefits. This product is specifically tailored for the domestic market, aiming to provide financial security through a combination of savings and insurance.
LIC’s Bima Lakshmi
LIC’s Bima Lakshmi is another non-participating, non-linked plan designed for the domestic market. This plan caters to individual life and savings needs, providing policyholders with a blend of life insurance coverage and savings options.
Source: BSE
