“LIC is going to withdraw all insurance plans for revision from 30 September 2024.”
What FACTLY found
There is no press release or notification about LIC withdrawing all its insurance plans. However, LIC regularly withdraws some plans each year as part of standard practice to comply with regulations and introduce new products. The Press Information Bureau (PIB) also clarified on X (formerly Twitter) that the viral post claiming LIC will withdraw all insurance plans by 30 September 2024 is fake.
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 31 July 2024. FACTLY (India) looked into it and published its finding on 4 September 2024, 35 days later. Its rating was “FALSE”.
Where the claim appeared
Links recorded by FACTLY. Some posts may have been deleted since.
This check was done by FACTLY, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.