LIC of India launches 4 new plans :
- LIC’s Yuva Term
- LIC’s Digi Term
- LIC’s Yuva Credit Life
- LIC’s Digi Credit Life
LIC OF INDIA 4 NEW PLANS
Key features of LIC’s Yuva Credit Life / Digi Credit Life
LIC’s Yuva Credit Life/ Digi Credit Life is a non-par, non linked, Life, individual, pure risk plan. It is a pure decreasing term assurance plan wherein the death benefit will reduce over the term of the policy.
Eligibility: Minimum entry age of 18 years and maximum entry age of 45 years. Maturity age ranges from 23 to 75 years.
Sum assured: Minimum of Rs 50 lakh and a maximum of Rs 5 crore
Premium: Attractive rebates for high sums assured and lower premium rates for women.
Loan interest rate choice: Policyholders can select the loan interest rate at policy inception.
Death benefit: The sum assured on death will be payable provided the policy is in force and the claim is admissible.
