Mumbai: The Life Insurance Corporation of India (LIC), India’s largest insurance provider, has launched two new life insurance plans to meet the growing demand for financial security and savings. These new plans are:
- LIC’s Nav Jeevan Shree (Plan 912)
- LIC’s Nav Jeevan Shree Single Premium (Plan 911)
These plans were officially announced by Sat Pal Bhanoo, CEO and Managing Director (In-Charge) of LIC, on July 4, 2025.
LIC Ranks 4th Among India’s Top 10 Most Valuable Brands With $13.6 Billion Valuation: Brand Finance 2025Nav Jeevan Shree – Regular Premium Plan
Nav Jeevan Shree (Plan 912) is a regular premium plan that is ideal for young individuals who want to save gradually while also protecting their families. This plan allows you to:
- Pay premiums regularly (monthly, quarterly, or yearly)
- Build a guaranteed savings corpus
- Enjoy life insurance cover throughout the policy term
It’s designed for people who want to secure their long-term life goals such as education, marriage, or retirement, while also being financially protected in case of an unfortunate event.
Unique Identification Number (UIN): 512N387V01
LIC Reports ₹14,374.87 Crore Year-On-Year Hike In Group Premium For May; 13.79% Increase, Group policies At 1,389Nav Jeevan Shree Single Premium Plan
Nav Jeevan Shree Single Premium (Plan 911) is suitable for those who prefer to invest once and enjoy benefits without worrying about further payments. This plan is good for:
- One-time investors looking for simplicity
- Those who want assured returns with life cover
- People with shorter or medium-term savings goals
This plan also offers guaranteed additions, which means the money you invest will grow at a fixed rate, regardless of market changes.
UIN: 512N390V01
Key Benefits of Both Plans
Both new plans come with:
- Guaranteed Additions for steady growth
- Life insurance cover for financial protection
- Ideal for both short-term and long-term financial goals
Top ₹2 Crore Life Insurance Policies In India You Should Consider In 2025Simple terms and clear benefits
These plans provide a safe way to save and secure your family’s future at the same time.
LIC’s Focus on Modern Needs
LIC said these new offerings reflect its goal of meeting the needs of a digitally aware and financially smart younger generation. With these plans, LIC continues to combine innovation with trust, helping customers plan their futures with confidence.
For full details, visit the official LIC website or your nearest LIC branch or agent.
