LIC launches New Jeevan Sathi savings plans from June 1
Life Insurance Corporation of India has announced the launch of two new Non-Par, Non-Linked, Life, Individual, Savings Plans under the New Jeevan Sathi series, available for sale starting June 01, 2026, exclusively for the domestic market.

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Life Insurance Corporation of India has disclosed the launch of two new insurance products under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new offerings are set to be available for sale starting June 01, 2026, catering specifically to the domestic market.
Product Details
The insurer has introduced two variants under the LIC's New Jeevan Sathi series. Both products are classified as Non-Par, Non-Linked, Life, Individual, Savings Plans. The plans are designed to provide savings-oriented life insurance solutions to individual customers within India.
The table below outlines the key specifications of the newly launched products:
| Sl. No | Name of the product | Category of the product | Whether caters to domestic/ international market | Name of the countries in which product is launched (in case of international) |
|---|---|---|---|---|
| 1 | LIC’s New Jeevan Sathi – Single Premium | Non-Par, Non-Linked, Life, Individual, Savings Plan | Domestic market | Not Applicable |
| 2 | LIC’s New Jeevan Sathi – Limited Premium | Non-Par, Non-Linked, Life, Individual, Savings Plan | Domestic market | Not Applicable |
Availability
The corporation confirmed that these products will be open for purchase from the stipulated date. The disclosure was made to the stock exchanges to ensure compliance with regulatory requirements. Further details regarding the plans are accessible on the official website of the corporation.
Historical Stock Returns for LIC of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.59% | +0.99% | -1.35% | -9.91% | -4.78% | -7.12% |
How might the launch of LIC's New Jeevan Sathi series impact LIC's market share in the non-participating savings plan segment against private insurers like HDFC Life and SBI Life?
Could the introduction of both single premium and limited premium variants signal LIC's strategic shift toward attracting lump-sum investors amid rising fixed deposit interest rates?
What potential regulatory or tax policy changes in the upcoming Union Budget could affect the attractiveness of non-par, non-linked savings plans for retail investors?


































