LIC new policy is starting on 12th January, Know all the details about it
LIC New Policy: At the beginning of the new year 2026, Life Insurance Corporation of India (LIC) has taken two important steps for its policyholders. On one hand, LIC has launched a new single-premium insurance plan, LIC Jeevan Utsav. On the other hand, a special campaign has been launched to revive policies that had lapsed for any reason.
LIC has announced that it will be launching a new insurance product called LIC Jeevan Utsav Single Premium on January 12th. This is a non-participating, non-linked, individual savings and whole life insurance plan. In simple terms, it’s a plan that is not subject to stock market risks and provides insurance coverage for the entire lifetime. Since it’s a single premium plan, the customer only needs to pay the premium once.
This plan can be particularly suitable for those who don’t want the hassle of paying premiums repeatedly and prefer to invest a lump sum for long-term security and savings. Since it’s a non-linked plan, market fluctuations will not affect the policy benefits. However, being a non-participating plan, the policyholder will not share in LIC’s profits. Therefore, it’s essential to understand the returns and terms and conditions before purchasing this policy.