Plan 955LIC's Jeevan Amar
Pure protection, two death benefit options
- Level or increasing sum assured options
- Separate non-smoker premium rates
- Single, regular or limited premium payment
- Optional accident benefit rider
LIC's Digi Credit Life
Online loan protection cover
The online version of credit life cover, with a decreasing sum assured matched to a loan repayment schedule.
Who it suits: Home loan borrowers who want cover arranged quickly online.
- Term Assurance
- Online loan protection cover
- Pure Protection
LIC plan reference: 878
Eligibility at a glance
- Entry age
- 18 to 45 years
- Maturity age
- Up to 75 years (plan dependent)
- Sum assured
- ₹50,00,000 and above
- Policy term
- 5 to 30 years
- Premium modes
- Yearly, half-yearly, quarterly, monthly (NACH) and salary savings scheme
Key benefits
- Digital purchase journey
- Decreasing cover aligned to the loan
- Option to include a moratorium period
- Pure risk plan with no maturity value
Estimate your LIC's Digi Credit Life premium and maturity value
LIC Premium & Maturity Calculator
Estimates from publicly published LIC rate tables. Not a quotation.
- Yearly premium
- ₹7,425
- First instalment
- ₹7,425
- Renewal instalment
- ₹7,425
- Total outgo over the term
- ₹1,48,500
This is a pure risk plan — there is no maturity or surrender value.
Figures exclude underwriting loading and high sum assured rebates. Bonus-linked maturity values are projections, not guarantees.
Want an exact LIC illustration?
Your estimate is ready. For an official quotation and a suitability discussion on LIC's Digi Credit Life:
This plan may not be ideal if…
- You need the maximum possible life cover for the lowest premium — a term assurance plan does that better.
- You may need the money back within the first few years; early surrender values are low.
- You want a maturity payout — this plan pays only on death during the term.
- Your income is irregular and you cannot commit to the full premium paying term.
Frequently asked questions
Get advice on LIC's Digi Credit Life
Send your age and budget and you will get an official LIC quotation plus an honest view on whether this plan is the right fit.
5th Floor, Jeevan Prakash Building, Sir P.M. Road, Fort, Mumbai - 400001, Maharashtra · Mon–Fri, 10:00 AM – 6:00 PM · IRDAI Agent Licence No. LIC03699923
You may also like
Plan 955Plan 954LIC's New Tech-Term
Online term plan with competitive rates
- Purchased online with lower distribution cost
- Level or increasing death benefit
- Non-smoker rates
- Flexible premium payment options
Plan 859LIC's Saral Jeevan Bima
The standard, easy-to-compare term plan
- Standardised features prescribed by IRDAI
- No medical jargon or optional variants to decode
- Waiting period of 45 days for non-accidental death
- Single, regular or limited premium
Plan 875LIC's Yuva Term
Term cover priced for younger buyers
- Designed for younger age bands
- Level or increasing sum assured
- Non-smoker rates available
- Rider options for accident and disability
This page describes LIC's Digi Credit Life in our own words, based on LIC's published product literature. For the binding terms, always refer to the official policy document issued by Life Insurance Corporation of India.