Monday, 6th April 2026
Khabor Wala Desk
Published: 16th February 2026, 4:54 AM
Mumbai, 16 February 2026 – The Life Insurance Corporation of India (LIC) has announced the launch of two new group insurance products, aimed exclusively at the domestic market. The introduction of these products was formally disclosed to the BSE Limited and the National Stock Exchange of India (NSE) in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.
LIC’s latest offerings reflect its dual focus on risk protection and savings benefits for group policyholders. The products, namely Group Term Ease Plan and Group Benefits Secure Plan, are non-participating, non-linked, and tailored to institutional clients and employee benefit schemes.
| Product Name | Category | Market Focus | Key Feature |
|---|---|---|---|
| Group Term Ease Plan | Non-Par, Non-Linked, Life, Group, Pure Risk | Domestic Market | Provides term life coverage to group members |
| Group Benefits Secure Plan | Non-Par, Non-Linked, Life, Group, Savings | Domestic Market | Focuses on savings benefits for policyholders |
Group Term Ease Plan is positioned as a pure risk coverage product, offering financial protection for groups of employees or institutional clients. The plan is structured to provide term benefits and is ideal for organisations seeking straightforward life insurance coverage for their members.
In contrast, Group Benefits Secure Plan adopts a savings-oriented approach, enabling group members to build financial security over time. Although also non-participating and non-linked, it emphasises long-term savings benefits alongside group insurance coverage, making it suitable for organisations looking to integrate a retirement or investment-oriented plan for employees.
Both products are exclusively targeted at the domestic Indian market, with no international distribution planned at launch. LIC’s group insurance division continues to focus on expanding coverage for institutional clients and employee benefit programmes.
The regulatory disclosure for this launch was signed by Anshul Kumar Singh, Company Secretary & Compliance Officer, and filed with BSE (Scrip Code: 543526) and NSE (Scrip Code: LICI) on 13 February 2026. The information is publicly accessible on LIC’s official website for transparency and investor awareness.
| Period | Return |
|---|---|
| 1 Day | -0.50% |
| 5 Days | -4.97% |
| 1 Month | +3.04% |
| 6 Months | -3.43% |
| 1 Year | +9.21% |
| 5 Years | -2.08% |
LIC’s move signals its ongoing commitment to diversify its group insurance portfolio, balancing risk coverage and savings-oriented solutions for institutional clients, while reinforcing compliance with regulatory norms.
Comments