Life Insurance Corporation of India on Tuesday launched three new plans — New Jeevan Dhara–II, Health Shield and Cancer Cover plan.
New Jeevan Dhara –II is a non-par, non-linked, individual, savings, deferred annuity plan that provides financial independence with guaranteed income after retirement. Health Shield plan offers comprehensive health coverage for the entire family, and premiums are guaranteed throughout the policy term.LIC’s New Cancer cover is a non-par, non-linked, individual, health, pure risk plan that provides fixed financial benefits upon diagnosis of specified early and major stage cancer irrespective of the actual treatment cost incurred by the insured.