Three new insurance products to be launched; sale starts October 19, 2026

LIC's New Jeevan Dhara - II — Non-Par, Non-Linked, Individual, Savings, Deferred Annuity Plan.

Mon 12 Oct 2026

Sale Start Date

October 19, 2026

Number of New Products

Three new insurance products

Product Categories

1 Savings Deferred Annuity Plan; 2 Health Pure Risk Plans; all domestic market

Product launch update

The company has informed the exchanges that it is launching three new products, which will be available for sale with effect from October 19, 2026.

The three products

• LIC's New Jeevan Dhara - II, in the category Non-Par, Non-Linked, Individual, Savings, Deferred Annuity Plan
• LIC's Health Shield, in the category Non-Par, Non-Linked, Health, Individual, Pure Risk Plan
• LIC's New Cancer Cover, in the category Non-Par, Non-Linked, Health, Individual, Pure Risk Plan

All three are for the domestic market. Against the international column in the update, the entry is "Not Applicable" for each of the three.

What the category words mean

• Non-Par: a non-participating plan, so the benefits are as set out in the policy terms rather than depending on bonuses declared under a with-profit plan.
• Non-Linked: the benefits are not linked to the performance of a separate investment fund, as in unit-linked plans.
• Individual: the plan is taken by an individual policyholder rather than as a group cover.
• Savings, Deferred Annuity Plan: a plan where the customer pays and the annuity income starts after a deferment period; such plans are generally used for retirement income.
• Health, Pure Risk Plan: a health cover where a claim is paid on the covered event, with no savings or maturity element.

What the update states

• The products are being launched with effect from October 19, 2026.
• Two of the three are health, pure risk covers and one is a savings, deferred annuity plan.
• The intimation is signed by the Company Secretary and Compliance Officer.

How to read this

This is a business update about the company's product offering being expanded with three new plans in the savings-annuity and health segments. The update sets out the product names, their categories, that they are for the domestic market, and the date from which they will be on sale. For a retail investor, it is information about what the company will be able to offer customers going forward.

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