LIC Scheme 2026: LIC Launches 2 New Insurance Plans for Couples With Guaranteed Returns

LIC Scheme 2026 is creating a buzz among policy buyers after the Life Insurance Corporation of India introduced two brand-new joint life insurance plans specially designed for couples. These newly launched policies aim to provide financial security, guaranteed additions, and fixed benefits under a single cover for husband and wife together.

The two plans - LIC New Jeevan Saathi Single Premium and LIC New Jeevan Saathi Limited Premium — are expected to become popular among families looking for long-term protection and savings benefits. One of the biggest highlights of these plans is that market fluctuations will not affect the guaranteed returns offered under the schemes.

Two New Joint Life Insurance Plans Announced by LIC

The Life Insurance Corporation of India has rolled out two joint life insurance products that provide coverage to both spouses under one policy. These plans are designed to offer financial stability and long-term savings along with insurance protection.

The newly launched policies include:

• LIC New Jeevan Saathi Single Premium
• LIC New Jeevan Saathi Limited Premium

Both plans come with guaranteed additions and fixed benefits, making them attractive for couples planning their financial future.

When Will LIC’s New Policies Be Available?

LIC has announced that both insurance plans will be available from June 2026 through online and offline channels. Customers can purchase these policies through:

• LIC agents
• Insurance brokers
• Corporate agents
• Insurance marketing firms

This wide availability is expected to make the plans easily accessible across the country.

LIC New Jeevan Saathi Single Premium Plan: Key Features

Under the LIC New Jeevan Saathi Single Premium plan, customers will need to pay the premium only once at the beginning of the policy.

Main Benefits of the Plan

• Guaranteed addition of Rs 70 for every Rs 1,000 of basic sum assured during the policy term
• Option to choose between two different death benefit structures
• Fixed and guaranteed returns unaffected by market risks

The payout under the policy will depend either on the basic sum assured or on a multiple of the premium paid.

Policy Term and Eligibility

LIC has also provided flexible policy duration options under this scheme. Customers can choose a policy term of:

• 10 years
• 15 years
• 20 years
• 25 years

Other important details include:

• Minimum entry age: 18 years
• Minimum basic sum assured: Rs 3 lakh
• LIC New Jeevan Saathi Limited Premium Plan Explained

LIC’s second newly introduced policy is the New Jeevan Saathi Limited Premium plan. Unlike the single premium option, this policy allows customers to pay premiums in instalments over a fixed duration.

Premium Payment Options

Policyholders can choose to pay premiums over:

• 5 years
• 10 years
• 15 years

Guaranteed Additions and Premium Waiver Benefit

One of the standout features of this plan is the guaranteed addition benefit. LIC will provide an annual guaranteed addition equal to 7% of the premium amount.

Additionally, if one life assured passes away during the premium payment period, the remaining premium payments may be waived off, offering major financial relief to the surviving spouse.

Why These LIC Plans Could Become Popular

The newly launched LIC plans are expected to attract married couples looking for:

• Joint financial protection
• Guaranteed returns
• Long-term savings
• Fixed insurance benefits
• Protection from market volatility

With flexible premium options and combined life coverage, these plans could become a preferred choice for families aiming to secure their financial future.