{
  "id": 14625479,
  "title": "LIC reveals details of 3 new plans: Check benefits",
  "url": "https://urgent.news/2026/10/15/lic-reveals-details-of-3-new-plans-check-benefits",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-15T05:22:38.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/wealth/insure/life-insurance/lic-reveals-details-of-its-3-new-plans-check-benefits-of-new-jeevan-dhara-ii-health-shield-and-new-cancer-cover/articleshow/134958138.cms"
  },
  "original_language": "en",
  "account": "The Life Insurance Corporation of India (LIC) has unveiled three new insurance plans: LIC's New Jeevan Dhara-II (Plan 892), LIC's Health Shield (Plan 907), and LIC's New Cancer Cover (Plan 908). These plans will become available for purchase on October 19, 2026. Each plan caters to distinct financial requirements, including retirement income, health coverage, and protection against cancer.\n\nLIC's New Jeevan Dhara-II is a non-participating, non-linked, individual savings deferred annuity plan that guarantees income post-retirement. The plan offers various annuity options to cater to diverse financial needs. Key features include guaranteed annuity rates at policy inception, the ability to purchase a top-up annuity, and flexibility in choosing regular or single premium options, as well as single-life and joint-life annuity options.\n\nLIC's Health Shield is a non-participating, non-linked, individual health plan that provides fixed benefits against specified health risks. The plan covers the entire family and offers a daily hospital cash benefit during hospitalization, lump sum payouts for major surgeries and critical illnesses, and guaranteed premium rates. The minimum entry age is 18 years, and the maximum is 65 years, with coverage available for dependent children aged 90 days to 20 years.\n\nLIC's New Cancer Cover is a non-participating, non-linked, individual health plan that offers fixed financial benefits upon diagnosis of specified early-stage and major-stage cancers, regardless of treatment costs. Policyholders receive 25% of the applicable sum assured for early-stage cancer diagnosis and 100% for major-stage cancer diagnosis. The plan also provides a monthly income benefit for ten years or death benefit for the nominee. Additional options include level or increasing sum assured, premium waiver following an eligible cancer diagnosis, and a no-claim benefit for higher initial daily benefits.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}