LIC Unveils 5 New Plans: Security, Savings, Pension for All Needs

• LIC launched 5 new plans in 2025, offering diverse options for security, investment, pension, and savings.
• LIC Protection Plus (Plan 886) is a linked savings plan combining investment with life insurance, offering flexibility.
• LIC Bima Kavach (Plan 887) provides pure life protection with a fixed death benefit, while Jan Suraksha (Plan 880) is a micro-insurance plan for low-income groups.
• LIC Bima Lakshmi (Plan 881) is tailored for women, offering life cover, periodic money-back, and disease cover.
• LIC Smart Pension (Plan 879) provides immediate pension benefits upon a lump sum deposit, with single or joint life options.

Why It Matters: LIC's 5 new plans offer comprehensive financial security, savings, and pension solutions for every Indian.