LIC to launch three insurance plans on 19 October 2026
In short
LIC will launch three new insurance plans on 19 October 2026. The products are New Jeevan Dhara-II for deferred annuity income, Health Shield for fixed health benefits, and New Cancer Cover for payouts after certain cancer diagnoses.
These plans could give customers more options for retirement, health and cancer protection. The report does not say how much they will cost or who can buy them.
What the reporting says
LIC will launch three insurance plans on 19 October 2026, according to a publisher-supplied summary. The products are New Jeevan Dhara-II, which offers deferred annuity income, Health Shield, which provides fixed health benefits, and New Cancer Cover, which pays out for specified cancer diagnoses. The reporting does not state pricing, premium details or target customer counts.
Why it matters
LIC will introduce three insurance products on 19 October 2026, according to the publisher-supplied summary. The plans are positioned for annuity income, fixed health benefits and cancer-related payouts. This matters to policyholders seeking more insurance choices and to LIC’s product lineup. The reporting does not provide premium levels, eligibility rules or expected sales impact.