LIC's Digi Term (Plan 876)

LIC's Digi Term (Plan 876) is a non-linked, non-participating pure term insurance plan available online that offers high life cover at affordable premiums with flexible payout options for your family's financial security.

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High Life Cover

Financial protection with substantial life insurance coverage at affordable premiums.

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100% Online

Purchase the policy digitally with a simple and convenient online process.

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Family Protection

Ensures financial security for your loved ones in case of the life assured's demise.

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Tax Benefits

Tax benefits available under prevailing Income Tax laws.

Key Features

  • Pure Term Insurance Plan.
  • Non-Linked & Non-Participating.
  • Available through Online Purchase.
  • High Sum Assured at Affordable Premium.
  • Flexible Death Benefit Payout Options.
  • Optional Rider Benefits Available.

Eligibility

Entry Age 18 to 65 Years
Maximum Maturity Age 80 Years
Policy Term 10 to 40 Years (Subject to Eligibility)
Minimum Sum Assured โ‚น50,00,000

Benefits

Death Benefit

In case of the unfortunate death of the life assured during the policy term, the nominee receives the applicable death benefit as per the chosen option.

Maturity Benefit

As this is a pure term insurance plan, no maturity benefit is payable if the life assured survives the policy term unless Return of Premium option is chosen (if applicable).

Calculate Your Premium

Estimate your premium and choose the right life cover for your family's future.

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Frequently Asked Questions

LIC's Digi Term is an online pure term insurance plan that provides financial protection to your family through a high life cover at affordable premiums.

Normally, Digi Term is a pure protection plan and does not provide maturity benefits. However, certain variants with Return of Premium may offer benefits at maturity.

Yes. LIC's Digi Term (Plan 876) is designed for online purchase, making the buying process simple, quick and paperless.