Mumbai, 16 February 2026 – The Life Insurance Corporation of India (LIC) has announced the launch of two innovative group insurance products, scheduled for availability from 16 February 2026. The announcement, aimed at bolstering LIC’s group insurance portfolio, was made through a regulatory disclosure to the BSE Limited and National Stock Exchange of India under Regulation 30 of the SEBI (LODR) Regulations, 2015.
The new offerings, Group Term Ease Plan and Group Benefits Secure Plan, cater to distinct financial needs within the domestic market, combining risk coverage and savings-oriented solutions under LIC’s non-participating, non-linked insurance framework.
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New Product Portfolio
The two newly launched plans have been designed to serve the group insurance segment comprehensively, addressing both pure risk protection and long-term savings requirements.
| Product Name | Category | Core Focus | Target Market |
|---|---|---|---|
| Group Term Ease Plan | Non-Participating, Non-Linked, Group Life | Pure risk coverage for group members | Domestic market |
| Group Benefits Secure Plan | Non-Participating, Non-Linked, Group Life | Savings and benefits-oriented plan | Domestic market |
Group Term Ease Plan is positioned as a traditional group term insurance product. It provides pure life coverage to employees or group members without any savings or investment component. Designed to offer financial security in the event of unforeseen contingencies, it represents LIC’s continued focus on risk protection solutions for institutional clients.
Group Benefits Secure Plan, on the other hand, combines the features of a group life plan with savings benefits, offering policyholders the opportunity to accrue financial advantages over time while being protected against life’s uncertainties. Both plans are non-linked and non-participating, ensuring simplicity and predictability in benefits.
Market Strategy
The launch of these products reinforces LIC’s commitment to serving the domestic group insurance market, primarily targeting corporates, institutions, and employee benefit schemes. While there is no plan for international expansion at this stage, LIC aims to strengthen its presence in India’s rapidly growing group insurance sector by offering tailored solutions that balance protection and wealth creation.
Regulatory Compliance and Transparency
The regulatory disclosure was officially filed on 13 February 2026, signed by Anshul Kumar Singh, Company Secretary & Compliance Officer of LIC. The filings were made with BSE Limited (Scrip Code: 543526) and National Stock Exchange of India Ltd. (Scrip Code: LICI) to ensure full compliance with stock exchange and SEBI requirements. For transparency, details of the launch are available on LIC’s official website.
Historical Stock Performance
| 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 |
This dual launch underscores LIC’s strategy to diversify its group insurance offerings while maintaining compliance and market transparency, strengthening its reputation as a reliable provider of life insurance solutions in India.