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LIC New Term Plan 2024:  LIC has said that the new Yuva Term (LIC's Yuva Term) can be purchased through offline agents, while LIC's Digi Term is available only on the website. 

There is no doubt that the Life Insurance Corporation of India keeps running one great scheme after another for the countrymen.

The policy holder who buys it gets a great facility. So now LIC has started not one but four such schemes keeping in mind the interest of the youth of the country.

In which the company says that this scheme has been brought for term insurance and loan repayment. A person can choose both offline and online ways to buy these plans.

While introducing these schemes, LIC has said that the objective of these products is to meet the needs of the youth who want to take term insurance in the early stages of life. At the same time, these days many companies have introduced such products, due to which now by introducing LIC No Plan, customers are getting the option to buy offline or online.

LIC introduced these awesome plans

• LIC’s Yuva Term
• LIC’s Digi Term
• LIC’s Yuva Credit Lif
• LIC’s Digi Credit Life

LIC has said that the new Yuva Term (LIC's Yuva Term) can be purchased through offline agents, whereas LIC's Digi Term is available only on the website.

Let us tell you that the company has introduced these two products for those youth who want term insurance in the early stages of their life.

These benefits are available in LIC's Yuva Term / Digi Term

So we are giving you information about LIC's Yuva Term / Digi Term Plan, which is a non-par, non-linked, life, individual, pure risk plan, which provides financial security to the family of the policyholder in case of unfortunate death of the policyholder during the policy term.

So the same company has kept the minimum age for buying this plan as 18 years and maximum age as 45 years, so the minimum age at maturity is 33 years and maximum age is 75 years. Due to which the minimum basic insurance amount here is Rs 50,00,000/- and the maximum basic insurance amount is Rs 1,00,000/-.