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Pure protection term plan for ages 18–45.
LIC Yuva Term (Plan 875) is an online pure-term plan restricted to entry ages 18–45, with sum assured from ₹50 lakh upward and policy terms of 15–40 years. The age restriction is a feature, not a limitation — by underwriting only the younger, statistically healthier segment, LIC can price Yuva Term more aggressively than Digi Term for the same age band. For a 25-year-old non-smoker buying ₹1 crore for 35 years, the annual premium should be marginally lower than Digi Term's equivalent quote. Death benefit is a lump sum to the nominee for any cause of death.
Age cap at 45 — priced specifically for the younger-buyer risk pool.
Death of the life assured for any cause — accident, illness, natural causes — during the active policy term. Full sum assured paid as a lump sum to the nominee. No maturity payout, no survival benefit, no investment component. Cover is contingent on premiums being current; a lapsed policy provides no death benefit.
Suicide within the first 12 months. Death after lapse. Non-disclosure of material facts at inception (pre-existing conditions, smoking status, hazardous occupation) — fraudulent non-disclosure voids the claim. Unlike endowment plans, there is no paid-up policy — the plan either lapses or it doesn't; there is no halfway state. No partial payouts for disability or illness (for those, attach the ADDB or CI rider).
In the 18–35 age band, private online term plans (HDFC Click 2 Protect, ICICI iProtect Smart, Max Smart Secure) remain 10–20% cheaper than Yuva Term for comparable cover. The LIC credibility premium is worth ₹1,000–2,000/year for most buyers who have ever seen a family struggle with a private insurer claim; it is not worth paying if you are purely minimising premium cost and trust private insurer settlement processes. At older ages within the 36–45 band, the price gap may narrow — run actual quotes from three providers before deciding.
Yuva Term is specifically built for the 18–35 bracket: first-time earners buying their first term cover, newly married people adding a spouse as nominee, young parents who just had a child and need to anchor cover before premiums rise with age. The minimum 15-year term aligns with typical financial planning horizons (children reaching independence, home loan tenure). Not suitable for anyone over 45 (Digi Term or New Tech-Term instead), anyone needing a sub-15-year term, or anyone wanting flexible pay modes (single or limited pay — see New Tech-Term for that).
Premiums deductible under §80C (up to ₹1.5L/year), subject to the 10× SA condition which Yuva Term easily satisfies. Nominee death benefit fully tax-free under §10(10D). CI rider premiums separately deductible under §80D (up to ₹25,000/year for self/family cover) — the §80D deduction is additive to, not part of, the §80C ceiling.
LIC does have an online premium calculator — it's their Quick Quote tool on the eBiz portal. Enter your name, date of birth, gender, and mobile number, then pick this plan on the next screen to see the actual premium for your profile.
This is an online-only plan — the quote and purchase flow are fully on LIC's website. No agent or branch visit needed.
Open LIC's Quick Quote tool ↗Or browse the official plan page ↗ for brochures and policy documents.
Asymmetrica isn't an insurance advisor. The analysis above is editorial, sourced from published LIC brochures. Verify eligibility, current rates, and plan-specific conditions with LIC or a licensed advisor before purchasing.
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