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Benefits of LIC’s Term insurance plan

LIC’s Term plan is a Non-Linked, Non-participating Online Pure Risk Premium Plan which provides financial protection to the insured’s family in case of his/her unfortunate death during the policy term.

Key features of LIC’s Term plan

  • Flexibility to choose from two benefit options: Level Sum Assured and Increasing Sum Assured.
  • Flexibility to Choose from Single Premium, Regular Premium and Limited Premium Payment
  • Special rates for women.
  • Benefit of attractive High Sum Assured Rebate.
  • Two categories of premium rates namely (1) Non-Smoker rates and (2) Smoker rates.
  • Option to enhance your coverage by opting for Accident Benefit Rider on payment of additional premium for the rider benefit.