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LIC's Digi Term

LIC's Digi Term

Online-only, non-linked pure term insurance plan from LIC with affordable premiums and flexible coverage options.

Why Choose This Plan?

LIC's Digi Term is specifically designed for the digital-savvy customer who prefers to buy insurance online. As an exclusively online plan, it offers lower premiums than regular policy channels while providing the same level of trust and claim reliability LIC is known for. You can choose your Sum Assured, premium payment term, and benefit payout option (lump sum or regular income) entirely online. It is a practical option for urban professionals who want maximum coverage at minimum cost.

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.