Life has announced the launch of three new products

Life Insurance Corporation of India (LIC) is all set to launch three new products, LIC’s New Jeevan Dhara – II, LIC’s Health Shield and LIC’s New Cancer Cover. These products will cater to domestic market and will be available for sale with effect from October 19, 2026. LIC’s New Jeevan Dhara - II is a Non-Par, Non-Linked, Individual, Savings, Deferred Annuity Plan, LIC’s Health Shield is a Non-Par, Non-Linked, Health, Individual, Pure Risk Plan, while LIC’s New Cancer Cover is a Non-Par, Non-Linked, Health, Individual, Pure Risk Plan. Impact : The introduction of these plans directly addresses long-standing challenges regarding profit margins, product mix diversification, and demographic reach. View : This announcement signals to the market that LIC is aggressively addressing its structurally low Value of New Business (VNB) margins, which has historically been a major pain point for analysts.

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