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Business
LIC Launches Lifetime Income Scheme: One-Time Investment, Lifelong Benefits
✍️ Aaj Tak
🗓 15 Nov 2026, 08:55 AM
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The Life Insurance Corporation of India (LIC) has introduced a new scheme called the Lifetime Income Scheme. This scheme offers lifelong benefits with a single upfront investment.
The LIC Lifetime Income Scheme allows individuals to secure a regular income stream for their entire lives with a single initial investment. This innovative scheme also features compounding interest, further enhancing the financial returns for policyholders. The details of the scheme, including premium amounts and payout structures, are expected to be released soon by the LIC.