LIC’s Yuva Term Plan

It is a Non-Par, Non-Linked, Life, Individual, Pure Risk Plan, which provides financial protection to the insured’s family in case of his/her unfortunate death during the Policy Term. This is a Non-Par product under which benefits payable on death are guaranteed.

 

Specially Designed for Youngsters

This plan is specially designed for Youngsters who want to take Term Insurance in Initial Stages of Life.

 

Advantages

Special Lower Premium Rates for Women

 

Benefit of Attractive High Sum Assured Rebate

 

Eligibility Criteria:

 

Minimum

Maximum

Age at Entry

18 Year (Last Birthday)

45 Years (Last Birthday)

Sum Assured

50,00,000

5,00,00,000


Death Benefit:
Under Regular Premium / Limited Premium

7 Times of Annualised Premium or 105% of Total Premiums Paid up to the date of Death or Absolute Amount assured to be paid on death.

Under Single Premium

125% of Single Premium or Absolute Amount to be paid on death.

What is LIC Bima Sakhi Yojana?

It is a women-centric initiative by LIC of India aimed at empowering women by appointing them as insurance agents (Bima Sakhis). They are trained and supported to promote LIC’s insurance plans in their local communities.

Who can become a Bima Sakhi?

Only women who are at least 18 years old and minimum 10th pass can apply. Preference is given to women from rural or semi-urban areas.

What kind of training will be given?

Training includes: Basic knowledge of LIC insurance plans Communication and sales skills Customer relationship building Digital tools usage for policy sales.
Bima Sakhi
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