Life Insurance Corporation (LIC) is set to launch two new insurance products effective December 3, 2025. The new offerings include ‘LIC’s Bima Kavach,’ a non-par, non-linked, life, individual, pure risk plan, and ‘LIC’s Protection Plus,’ a non-par, linked, life, individual, savings plan. Both products will be available for sale domestically, broadening LIC’s product portfolio and market reach.
New Product Offerings
Life Insurance Corporation (LIC) is introducing two new insurance products to the market starting December 3, 2025. These products aim to cater to diverse customer needs and expand LIC’s range of insurance solutions.
LIC’s Bima Kavach
LIC’s Bima Kavach is a non-participating, non-linked, life, individual, pure risk insurance plan. It focuses on providing financial protection against life’s uncertainties. This product is designed for the domestic market and offers a straightforward approach to securing one’s future.
LIC’s Protection Plus
LIC’s Protection Plus is a non-participating, linked, life, individual, savings plan. This insurance product combines the benefits of life cover with savings opportunities. It’s specifically designed to meet the financial needs of individuals and families within the domestic market, offering both protection and investment components.
Source: BSE
