LIC's Digi Credit Life

Online pure term insurance plan for loan borrowers, ensuring your outstanding loans are covered in case of death.

Why Choose This Plan?

LIC's Digi Credit Life is a decreasing-term insurance plan tailored for individuals with outstanding loans — home loans, car loans, or personal loans. The Sum Assured reduces in line with your diminishing loan balance, ensuring your family is never burdened with repaying debt in case of your untimely demise. Premium prices are extremely competitive and the entire process is online. If you have recently taken a significant loan, pairing it with Digi Credit Life is a financially responsible decision.

Frequently Asked Questions

Eligibility criteria vary based on age, medical history, and specific plan requirements. Contact our advisors for a detailed assessment of your eligibility.

The claim process is simple and hassle-free. You can initiate a claim through our online portal, or by contacting our customer support team with the required documentation.

Yes, premiums paid towards this insurance plan may be eligible for tax deductions under relevant sections of the Income Tax Act. Please consult with a tax advisor for specifics.

LIC's Digi Credit Life