LIC to roll out three new insurance products on October 19, 2026

Life Insurance Corporation of India filed a notice on the Bombay Stock Exchange indicating that three fresh insurance schemes will hit the market on October 19, 2026. The lineup comprises New Jeevan Dhara-II, a savings-based deferred annuity, and two individual health policies named Health Shield and New Cancer Cover, both described as pure-risk, non-participating, non-linked plans. The filing did not reveal specific premium rates, eligibility criteria, benefits, or exclusions, urging prospective buyers to consult the policy documents for full details.

The new annuity aims to accumulate funds during an accumulation phase before delivering regular payouts in retirement, while the health products are intended to provide financial protection against medical expenses and cancer-related costs. LIC’s announcement expands its portfolio of retirement and health-related offerings.