Start Early, Stay Protected – Choose LIC’s Yuva Term Plan Today!
LIC’s Yuva Term Plan – A Smart Protection for Young India
Life Insurance Corporation of India (LIC) has always been at the forefront of providing reliable and innovative life insurance products to meet the financial needs of every generation. One of its latest offerings — LIC’s Yuva Term Plan — is designed specifically for young individuals who wish to secure their future early and at an affordable cost.
🌟 Overview of LIC’s Yuva Term Plan
LIC’s Yuva Term Plan is a pure protection term insurance policy aimed at the youth segment. It provides financial security to the family of the policyholder in case of unfortunate demise during the policy term. The plan is ideal for young professionals, entrepreneurs, and students stepping into their earning phase, enabling them to lock in low premium rates at a young age.
🔑 Key Features of LIC’s Yuva Term Plan
- Entry Age Advantage:
- Minimum Entry Age: 18 years
- Maximum Entry Age: 35 years
- Early entry ensures lower premiums throughout the term.
- Policy Term Options:
- Flexible policy terms ranging from 10 to 40 years based on your protection goals.
- Sum Assured Options:
- Minimum Sum Assured: ₹25 Lakhs
- No upper limit (subject to underwriting and income proof).
- Premium Payment Options:
- Regular Premium – Pay throughout the policy term.
- Limited Premium – Pay for a limited duration (e.g., 10, 15, or 20 years).
- Special Premium Rates for Non-Smokers and Women:
- Additional benefit for maintaining a healthy lifestyle.
- Optional Riders:
- LIC’s Accidental Death Benefit Rider
- LIC’s Accidental Death and Disability Benefit Rider
- LIC’s Critical Illness Rider
Enhance your base cover with these add-ons for comprehensive protection.
💰 Benefits of LIC’s Yuva Term Plan
- High Coverage at Low Cost:
Get a large life cover at affordable premiums by starting early. - Financial Security for Family:
In the event of the policyholder’s untimely death, the nominee receives the full Sum Assured ensuring financial stability. - Flexible Policy Terms:
Choose your policy term and premium payment frequency as per your financial plan. - Tax Benefits:
- Premiums paid are eligible for tax deductions under Section 80C.
- Death benefits are tax-free under Section 10(10D) as per current tax laws.
- Online Purchase Convenience:
The plan is available through LIC’s online portal, making it simple and hassle-free to buy and manage.
👩💼 Who Should Consider LIC’s Yuva Term Plan?
- Young professionals starting their career
- Newly married individuals
- Entrepreneurs and self-employed youth
- Anyone looking for long-term protection at low cost
🧭 Conclusion
The LIC Yuva Term Plan is more than just an insurance policy — it’s a commitment to protect your loved ones and secure your financial future right from your youth. With affordable premiums, wide coverage, and flexible options, it’s a smart move for anyone who believes in planning ahead.
Start Early, Stay Protected – Choose LIC’s Yuva Term Plan Today!
