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LIC — Term Assurance Plans
LIC's Yuva Credit Life (Plan 877)
Premium
₹18/Day
Sum Assured
Decreasing SA equal to outstanding loan
Term
5-20 Years
Premium Paying
Single Premium
Key Features
Youth-focused loan protection plan
Single premium payment
Covers all types of loans
Online purchase available
Affordable rates for young borrowers
Tax benefits under Section 80C
Benefits
Maturity Benefit
No maturity benefit
Death Benefit
Outstanding loan amount covered - decreasing SA
Eligibility
Age: 18-45 years, Min SA ₹5 Lakh
Highlights
Loan protection designed for young borrowers - protect your family from EMI burden