LIC launches New Jeevan Azad scheme

Life Insurance Corp of India today launched a new product called New Jeevan Azad, the company said in an exchange filing.

According to the filing, the scheme is a non-linked, non-participating individual savings life insurance plan designed to serve the domestic market.

Shares of LIC were up 0.2% at 707.75 rupees at 1300 IST, on NSE.