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Plan No. 893Pure Term Insurance
LIC's New Tech Term
"Next-gen online protection."
An updated version of the online-only pure protection plan offering high life cover.
Key Features
- ✓Online exclusive.
- ✓Cheaper premiums for non-smokers.
Eligibility Criteria
Minimum Age18 Years
Maximum Age65 Years
Minimum Term10 Years
Maximum Term40 Years
Min Sum Assured₹ 50,00,000
Max Sum AssuredNo Limit
Plan Benefits
Death Benefit
Absolute amount assured to be paid on death.
Survival Benefit
N/A
Maturity Benefit
N/A
Real-World Example
Profile28-Year-Old Female, Non-Smoker
Sum Assured₹ 1,00,00,000 (1 Crore)
Term Details30 Years
Annual Premium₹ 8,200 / Year
Expected ReturnsN/A
How it Works
Being female and a non-smoker, she gets the best rates possible for a massive ₹ 1 Crore cover. At just ₹ 8,200 a year, her dependents are completely secured financially against her sudden demise.