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The latest announcement is out from Life Insurance Corp. of India ( (IN:LICI) ).
Life Insurance Corporation of India has announced the launch of a new individual savings product, LIC’s Jeevan Utsav, a single premium, non-participating, non-linked whole life insurance plan, which will be available for sale in the domestic market from January 12, 2026. The introduction of this product broadens LIC’s portfolio of long-term savings and protection offerings, reinforcing its positioning in India’s life insurance market and potentially appealing to customers seeking one-time premium payment options for lifelong coverage.
More about Life Insurance Corp. of India
Life Insurance Corporation of India (LIC) is a leading state-owned life insurer in India, offering a broad range of life insurance and savings products to individual policyholders. The corporation focuses primarily on the domestic market, providing protection and long-term savings solutions across diverse customer segments through traditional and modern insurance plans.
Average Trading Volume: 72,920
Technical Sentiment Signal: Sell
Current Market Cap: 5447.4B INR
For a thorough assessment of LICI stock, go to TipRanks’ Stock Analysis page.