Life Insurance Corporation of India (LIC) is all set to launch two new products, ‘LIC’s Bima Platinum’ and ‘LIC’s Jeevan Raksha’. Both products will cater to domestic market and will be available for sale with effect from September 7, 2026. LIC’s Bima Platinum is a non-par, non-linked, life, individual, savings plan, while LIC’s Jeevan Raksha is a non-par, non-linked, life, individual, pure risk plan.
Life Insurance Corporation of India, popularly known as LIC is Indian state-owned insurance group and Investment Company.