LIC to Launch Two New Jeevan Sathi Products in Domestic Market
The Life Insurance Corporation of India (LIC) has announced the upcoming launch of two new life insurance products. The new offerings, both variations of the Jeevan Sathi plan, will be available for sale starting June 01, 2026.The corporation detailed the product specifics, noting that both plans are categorized as Non-Par, Non-Linked, Life, Individual, Savings Plans.
The following table summarizes the details of the new products set to launch:
| Sl. No | Name of the product | Category of the product | Market Catered | International Launch |
|---|---|---|---|---|
| 1 | LIC's New Jeevan Sathi - Single Premium | Non-Par, Non-Linked, Life, Individual, Savings Plan | Domestic market | Not Applicable |
| 2 | LIC's New Jeevan Sathi - Limited Premium | Non-Par, Non-Linked, Life, Individual, Savings Plan | Domestic market | Not Applicable |
LIC confirmed that both product variations are designed exclusively for the domestic market.
LICI Stock Price Movement
As of 12:30 PM, Life Insurance Corporation Of India shares are rallying to ₹820.4, jumping 2.52% in live trading. The stock continues to see robust investor participation, supported by a significant volume of 9.65 million shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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