LIC Yuva Term Plan 875

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.

LIC Yuva Term Plan 875- Specially Designed for Youngsters

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

LIC Yuva Term Plan 875 Advantages

Special Lower Premium Rates for Women

LIC Yuva Term Plan 875

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

LIC Yuva Term Plan 875 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.

LIC Yuva Term Plan 875 Under Single Premium

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

Key Features of LIC Yuva Term Plan

Plan No.: 875
Type: Pure term insurance (no maturity benefit)
Policy Term: 10 to 40 years
Minimum Entry Age: 18 years
Maximum Entry Age: 35 years
Maximum Maturity Age: 75 years
Sum Assured: Minimum ₹50 lakh
Premium Payment Mode: Yearly, Half-yearly, Quarterly, Monthly

LIC Yuva Term Plan 875

Benefits.

Affordable Premiums: Especially designed for youth with lower rates.
High Life Cover: Minimum sum assured starts from ₹50 lakh.
Two Options for Coverage:
- Level Sum Assured: Fixed cover throughout the term.
- Increasing Sum Assured: Coverage increases by 10% yearly (from the 6th to 15th year).
Optional Riders:
- Accidental Death Benefit Rider
- Accidental Total and Permanent Disability Benefit Rider
Tax Benefits: Under Sections 80C and 10(10D) of the Income Tax Act.