India, Sept. 3 -- Life Insurance Corporation of India (LIC) has introduced two new insurance plans-LIC's Bima Platinum (Plan 770) and LIC's Jeevan Raksha (Plan 894)-on the occasion of the corporation's 70th anniversary. The two plans were launched on Tuesday by LIC Chairman and Managing Director R Doraiswamy. Both products are scheduled to be available for purchase from September 7, 2026, through both offline and online channels.

LIC's Bima Platinum

LIC's Bima Platinum (Plan 770, UIN: 512N397V01) is a non-participating, non-linked individual plan that combines savings and protection. It is a limited-premium plan that provides Guaranteed Additions of Rs 70 per Rs 1,000 of annual premium paid during the premium-paying term.

The Guarantee...