LIC launches new pension plus plan for customers

6 Sep 2022 , 02:11 PM

Life Insurance Corporation of India has announced to the exchanges regarding the launch of its new product on September 05, 2022.

The name of the product is LIC’s New Pension Plus and the date of launch is September 05, 2022.

According to the regulatory filing, the category of the new plan is Unit-Linked, Non-Participating, Individual Pension Plan and it caters to domestic market sector.

Further, the plan can be purchased either as a single premium payment policy or regular premium payment. Also, the plan can be purchased offline through agents, other intermediaries as well as online from the official LIC website.

On Tuesday, at around 2:08 PM, Life Insurance Corporation of India is currently trading at Rs652.10 per share down by Rs7.55 or 1.14% from its previous closing of Rs659.65 per share on the BSE.

The scrip opened at Rs661.05 per share and has touched a high and low of Rs664.10 per share and Rs651.20 per share respectively so far today. The current market cap of the company is Rs4,17,228.47 crore.

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