New Delhi: The festival of Diwali is about to be celebrated and before this special occasion, the country’s leading government insurance company LIC has given a big gift to the insured holders. LIC has launched two schemes in its new Next Gen GST regime. Their names include LIC’s JAN SURAKSHA (Plan 880) and LIC’s BIMA LAKSHMI (Plan 881). In this, insured holders will get facilities like auto cover facility as well as guaranteed additions.

LIC CEO and MD R Doriswami launched these schemes on Thursday, 16 October 2025. Both the plans come with an auto cover facility and guaranteed additions after three years of premium payment, which assures financial security for investors and policyholders. So let’s find out what are the specialties of these planes.

LIC Jan Suraksha (Plan 880)

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