LIC New Schemes :Life Insurance Corporation of India (LIC) has given a big gift to its customers in the festive season! LIC has launched two new plans—LIC Jan Suraksha Plan 880 and LIC Bima Lakshmi Plan 881—in October 2025. Both these schemes have been implemented in the entire country from 15 October 2025.

The special thing is that these schemes have been made for those people who want reliable life insurance at low premium. If you are also thinking of investing, then this news is for you. Let us know the complete details of these plans!LIC Jan Suraksha Yojana: Cheap and safe insuranceLIC Jan Suraksha Plan 880 is a micro insurance plan, which is specially designed for people of low and lower-middle income group.

This is a non-linked and non-participating scheme, that is, it is not affected by stock market fluctuations or bonuses. The premium has been kept very low, so that even people from small towns and rural areas can easily get life insurance.

• Policy Term: 12 to 20 years
• Premium Payment Term: Less than 5 years from the policy term
• Minimum sum insured: ₹1 lakh
• Maximum sum insured: ₹2 lakh
• Auto Cover Benefit: Auto coverage facility after paying premium for 3 years

The biggest advantage of this scheme is that it provides financial security to economically weak families without any risk. LIC Bima Lakshmi: Special for womenLIC Bima Lakshmi Plan 881 has been specially designed for women.

This is also a non-linked and non-participating policy, but it has a money-back option along with life cover. That is, the insured woman will get some amount back at the stipulated time, which makes it a means of saving along with insurance.

• Policy Term: 25 years
• Premium payment term: 7 to 15 years
• Minimum sum insured: ₹2 lakh
• Maximum sum insured: Depending on the woman’s income and eligibility
• Critical Illness Rider: Coverage for cancer, surgery and pregnancy complications
• Auto Cover Benefit: Auto coverage facility after 3 years

This scheme not only provides financial security to women, but also protects them from health risks. Safe and easy investment opportunity. These two plans of LIC—LIC Jan Suraksha (LIC Jan Suraksha Plan 880) and LIC Bima Lakshmi (LIC Bima Lakshmi Plan 881)—are not linked to the market, which means investment in them is completely risk-free.

There is no impact of bonus on these, due to which policyholders are assured of fixed returns. LIC has launched these schemes keeping in mind the new GST rules, so that common people can get transparent and affordable insurance options (Life Insurance). Why are these schemes special? LIC Jan Suraksha (LIC Jan Suraksha Plan 880) and LIC Bima Lakshmi (LIC Bima Lakshmi Plan 881) are strong means of financial security for low-income groups and women.

While Jan Suraksha Yojana provides affordable insurance to poor and rural families, Bima Lakshmi promises to make women self-reliant. The aim of LIC is to bring every Indian family under the ambit of life insurance and be protected from the uncertainties of life.