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 Term Assurance Plans
Pure protection at the lowest cost — high cover for a modest yearly premium.
Explore all 8 LIC term assurance plans with premium estimates, benefits, eligibility, policy terms and side-by-side comparisons — explained by a licensed advisor serving Mumbai, Navi Mumbai and Thane.
All LIC term assurance plans
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
Plan 876LIC's Digi Term
End-to-end digital term purchase
- Online purchase journey
- Level or increasing death benefit
- Non-smoker rates
- No maturity benefit — pure risk cover
Plan 877LIC's Yuva Credit Life
Cover that reduces with your loan
- 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
Plan 878LIC's Digi Credit Life
Online loan protection cover
- Digital purchase journey
- Decreasing cover aligned to the loan
- Option to include a moratorium period
- Pure risk plan with no maturity value
Plan 979LIC's New Jeevan Amar
Refreshed offline term plan
- Level or increasing sum assured
- Single, regular or limited premium
- Advisor-supported claim process
- Optional accident benefit rider
Compare term assurance plans at a glance
| Plan | Entry age | Policy term | Key benefit | Ideal for | Tools |
|---|---|---|---|---|---|
| LIC's Jeevan Amar | 18 to 65 years | 10 to 40 years | Level or increasing sum assured options | Earning members who want the largest possible cover per rupee of premium. | Calculate · Compare |
| LIC's New Tech-Term | 18 to 65 years | 10 to 40 years | Purchased online with lower distribution cost | Digitally comfortable buyers who want to buy cover without paperwork. | Calculate · Compare |
| LIC's Saral Jeevan Bima | 18 to 65 years | 5 to 40 years | Standardised features prescribed by IRDAI | First-time buyers who want simple terms and no fine print surprises. | Calculate · Compare |
| LIC's Yuva Term | 18 to 45 years | 10 to 40 years | Designed for younger age bands | People in their twenties and early thirties locking in low premiums. | Calculate · Compare |
| LIC's Digi Term | 18 to 65 years | 10 to 40 years | Online purchase journey | Buyers comfortable completing medicals and documentation online. | Calculate · Compare |
| LIC's Yuva Credit Life | 18 to 45 years | 5 to 30 years | Sum assured reduces in line with the loan schedule | Borrowers who want the family to inherit the asset, not the EMI. | Calculate · Compare |
| LIC's Digi Credit Life | 18 to 45 years | 5 to 30 years | Digital purchase journey | Home loan borrowers who want cover arranged quickly online. | Calculate · Compare |
| LIC's New Jeevan Amar | 18 to 65 years | 10 to 40 years | Level or increasing sum assured | Buyers who prefer advisor-assisted underwriting and claim support. | Calculate · Compare |
Not sure which term assurance plan fits?
Send your age, budget and goal. You will get an honest recommendation — including when the answer is that none of these suit you.
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