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 Yuva Credit Life
Cover that reduces with your loan
A decreasing term plan where the sum assured tracks an outstanding home or business loan balance.
Who it suits: Borrowers who want the family to inherit the asset, not the EMI.
- Term Assurance
- Cover that reduces with your loan
- Pure Protection
LIC plan reference: 877
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
- Sum assured reduces in line with the loan schedule
- Lower premium than level term for the same starting cover
- Moratorium period option
- No maturity benefit
Estimate your LIC's Yuva Credit Life premium and maturity value
LIC Premium & Maturity Calculator
Estimates from publicly published LIC rate tables. Not a quotation.
- Yearly premium
- ₹7,837
- First instalment
- ₹7,837
- Renewal instalment
- ₹7,837
- Total outgo over the term
- ₹1,56,750
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 Yuva 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 Yuva 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.
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This page describes LIC's Yuva 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.