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LIC — Term Assurance Plans
LIC's Yuva Term (Plan 875)
Premium
₹16/Day
Sum Assured
₹25 Lakh - No Limit
Term
10-40 Years
Premium Paying
Regular Premium
Key Features
Special rates for young lives (18-35 years)
Online purchase available
Non-smoker preferred rates
Accident Benefit Rider available
Tax benefits under Section 80C & 10(10D)
Affordable premiums for youth
Benefits
Maturity Benefit
No maturity benefit - Pure term plan
Death Benefit
Higher of 7x Annualized Premium or 110% of Basic Sum Assured
Available Riders
Accident Benefit Rider
Eligibility
Age: 18-40 years, Min SA ₹25 Lakh
Highlights
Youth-focused term plan with lowest premiums for young Indians