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LIC — Term Assurance Plans

LIC's Digi Term (Plan 876)

Premium

₹20/Day

Sum Assured

₹25 Lakh - No Limit

Term

10-40 Years

Premium Paying

Regular Premium

Key Features

Online term insurance with additional death benefit
Lower premium for online purchase
Special women rates available
Non-smoker preferred rates
Accident Benefit Rider available
Tax benefits under Section 80C & 10(10D)
Simple online application process

Benefits

Maturity Benefit

No maturity benefit - Pure term plan

Death Benefit

Sum of: (a) Sum Assured on Death, (b) Additional death benefit for online purchase. SA on Death = Higher of 7x Annualized Premium or 110% of Basic SA.

Available Riders

Accident Benefit Rider

Eligibility

Age: 18-55 years, Min SA ₹25 Lakh. Buy online from licindia.in

Highlights

Digital-first term plan with additional death benefit for online buyers

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