# LIC to launch three new insurance plans on October 19 2026-10-13T13:17:12+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 3 independent outlets Life Insurance Corporation of India (LIC) will launch three new insurance products on October 19, 2026. The plans are LIC's New Jeevan Dhara - II, a deferred annuity plan offering guaranteed retirement income, LIC's Health Shield, a health plan covering hospitalisation, surgeries and critical illnesses, and LIC's New Cancer Cover, which provides financial protection for early-stage and major-stage cancers. All three are non-participating, non-linked individual plans. LIC announced the launch in a regulatory filing on the BSE on October 12, 2026. LIC CEO and MD R. Doraiswamy launched the products on Tuesday, 13 October 2026. The Economic Times reports that details such as premiums, eligibility conditions and benefits have not been disclosed in the filing, and prospective buyers should check policy documents. Free Press Journal adds that the cancer cover offers up to Rs 50 lakh in coverage, while the deferred annuity plan allows premium payment options of regular or single, and single-life or joint-life annuity choices. ## Indian Opinion Analysis All three sources report the same product launch on the same date, with neutral, fact-based coverage. The Economic Times focuses on the regulatory filing and notes that key details are yet to be disclosed. Free Press Journal provides the most detailed product benefits, including the Rs 50 lakh cancer cover limit and annuity options, adding a CEO launch event. NDTV Profit adds market context, reporting that LIC shares rose 3.58% on the BSE on October 12. No source takes a critical or promotional stance, the coverage is uniform straight reporting. The next concrete step is the October 19 sale date for the three plans. ## Coverage Coverage: 3 sources, 3 neutral - economictimes.indiatimes.com (neutral report) Straight reporting of filing and product categories - freepressjournal.in (neutral report) Factual product description with CEO launch detail - ndtvprofit.com (neutral report) Neutral product details plus stock price movement This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Tags: BSE, LIC, New Jeevan Dhara - II, R. Doraiswamy Canonical: https://indianopinion.org/lic-to-launch-three-new-insurance-plans-on-october-19/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/lic-to-launch-three-new-insurance-plans-on-october-19/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/