Life Insurance Corporation of India (LIC) launches 2 new products effective Oct 15, 2025

• LIC’s Jan Suraksha — Non-Participating, Non-Linked, Individual Savings Life Micro Insurance Plan designed to offer affordable protection & savings for lower-income groups. • LIC’s Bima Lakshmi — Non-Participating, Non-Linked, Individual Savings Life Plan aimed at providing life cover along with guaranteed savings benefits. Both plans are tailored for the domestic market, reinforcing LIC’s focus on expanding inclusive insurance coverage across India.