LIC Launches New Unit-Linked Insurance Product "Index Plus".

Banking & Finance | Dated: 06 Feb 2026

The Life Insurance Corporation of India (LIC) has launched a new unit-linked, regular premium, individual life insurance plan named "Index Plus". The plan offers life insurance coverage along with savings, allowing policyholders to invest in two dedicated funds: Flexi Growth Fund and Flexi Smart Growth Fund.

🎯 Key Highlights:

  • The minimum age at entry is 90 days (completed).
  • It provides a guaranteed addition as a percentage of the annualized premium.
  • LIC is diversifying its product portfolio to compete with private players.

💡 Other Important Facts:

  • Product: Index Plus.
  • Type: ULIP.
  • Company: LIC.

📚 Test Your Knowledge:

What is the name of the new unit-linked insurance plan recently launched by LIC?

Correct Answer: Index Plus

🚀 Quick Recap:

About LIC

  • Chairperson – Siddhartha Mohanty
  • Established – 1956