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LIC — Term Assurance Plans
LIC's Digi Credit Life (Plan 878)
Premium
₹15/Day
Sum Assured
Decreasing SA equal to outstanding loan
Term
5-20 Years
Premium Paying
Single Premium
Key Features
Loan protection term insurance
Single premium - pay once
Covers home loan, personal loan, car loan
Online purchase available
Tax benefits under Section 80C
Simple application process
Benefits
Maturity Benefit
No maturity benefit
Death Benefit
Outstanding loan amount covered - decreasing SA
Eligibility
Age: 18-65 years, Min SA ₹5 Lakh. Must have active loan.
Highlights
Protect your family from loan burden - single premium loan protection