Back to Marketplace
LIC — Term Assurance Plans
LIC's New Tech-Term (Plan 954)
Premium
₹18/Day
Sum Assured
₹50 Lakh - No Limit
Term
10-40 Years
Premium Paying
Regular Premium / Limited Premium / Single Premium
Key Features
Online purchase directly from LIC website - lowest premium
Level Sum Assured or Increasing Sum Assured option
Special lower premium rates for women and non-smokers
High Sum Assured Rebate
Option to receive death benefit in instalments
Accident Benefit Rider available
Tax benefits under Section 80C & 10(10D)
Instant policy issuance online
Benefits
Maturity Benefit
No maturity benefit - Pure online term plan
Death Benefit
Higher of 7x Annualized Premium or Sum Assured on Death. Level or Increasing SA options available.
Available Riders
Accident Benefit Rider
Eligibility
Age: 18-65 years, Min SA ₹50 Lakh. Buy online only from licindia.in
Highlights
Cheapest LIC term plan available online - buy directly from website