LIC launches three new plans for retirement income, health and cancer cover
The Life Insurance Corporation of India launched three new plans on Tuesday: New Jeevan Dhara –II, Health Shield, and New Cancer Cover.
New Jeevan Dhara –II is a non-par, non-linked, individual, savings, deferred annuity plan that provides financial independence with guaranteed income after retirement, per an LIC statement.
Health Shield is a non-par, non-linked, individual, pure-risk health plan that provides fixed-benefit coverage against specified health risks, the statement said.
Further, the New Cancer Cover is a non-par, non-linked, individual, health, pure-risk plan that provides fixed financial benefits upon diagnosis of specified early- and major-stage cancer, irrespective of the actual treatment cost incurred by the insured.
Published on October 13, 2026