LIC Introduces Two New Plans: LIC’s Bima Platinum (Plan 770 | UIN: 512N397V01) and LIC’s Jeevan Raksha (Plan 894 | UIN: 512N368V01)
National, 01 September, 2026: On the occasion of its 70th Anniversary, the CEO & MD of LIC of India, Shri R. Doraiswamy launched two new plans today, LIC’s Bima Platinum (Plan 770) & LIC’s Jeevan Raksha (Plan 894). The salient features of the two plans are as under. LIC’s Bima Platinum (Plan 770- UIN : 512N397V01) LIC’s Bima Platinum is a Non-Par, Non-Linked, Individual Plan which offers an attractive combination of savings and protection. This is a limited premium plan with accrual of Guaranteed Additions at the rate of ₹70/- per ₹ 1000/- of annual premium paid during the Premium Paying Term. The Guaranteed Additions will accrue at the end of each year during the PPT. An attractive feature of this plan is that Booster Income Benefit equal to 70% of the Basic Sum Assured is payable on survival of the life assured at the end of (PPT +5 th ) year. The plan also provides for Regular Income Benefit equal to 10% of the Basic Sum Assured at the end of each year d...