LIC launches new insurance products and rider

Life Insurance Corporation of India (LIC) has announced the launch of two new insurance products and one rider, which will be available for sale starting July 4, 2025. The new products include LIC's Nav Jeevan Shree, a non-par, non-linked life insurance plan with individual savings, catering to the domestic market and LIC's Nav Jeevan Shree - Single Premium, a non-par, non-linked life insurance plan, also with individual savings and catering to the domestic market. In addition, LIC is introducing a Critical Illness Health Rider, which is non-linked and individual, also catering to the domestic market. The company has stated that further details are available on their website.