Yuva Term
LIC's term plan for younger buyers, sold through an agent. Every eligibility condition matches LIC's Digi-Term exactly - same 18 to 45 entry window, same ₹50 lakh to ₹5 crore band, same 15-year minimum term. The difference is the channel: Digi-Term is sold online only, this one is not. If you are comfortable buying online, compare the two on price before deciding.
The things that decide it
Yuva Term in one table
| Insurer | Life Insurance Corporation of India |
|---|---|
| Sum insured | ₹50 lakh to ₹5 crore, moving in set multiples. Anything above ₹5 crore is considered case by case rather than offered as standard. |
Claim settlement and complaint figures are IRDAI-published and held centrally by NYVO, not taken from the insurer's marketing.
What Yuva Term does, and what it does not
Term insurance is a narrow product, so the useful question is not how this plan scores against a benchmark - it is what it pays for and what it leaves out. Both lists come from LIC's own documents.
- Two death benefit options - level sum assured, or increasing sum assured
- Four premium payment routes: single, regular, or limited over 10 or 15 years
- High sum assured rebate
- Separate non-smoker rates, and lower rates for women
- Open to buyers over 45 - entry closes at 45
- Maturity benefit - nothing is paid if you survive the term
Which variant should you take?
This plan is sold in more than one form, and the choice is made once at purchase. Picking the wrong one is not something you can quietly correct later, so it is worth a minute now.
Level Sum Assured
Most buyersCover equals the basic sum assured and stays flat for the whole term, subject to the maturity age cap of 75.
Increasing Sum Assured
Cover holds flat for the first five years, then rises by 10% of the basic sum assured each year until it reaches twice the original. The maximum term is restricted by age and sum assured band.
What this plan will not pay for
Every policy carries exclusions, and they are the clauses people read for the first time at claim stage. These are the ones worth knowing before you buy.
Not covered
Indicative, not exhaustive. Your policy wording is the contract.
- Suicide within 12 months of the date of commencement of risk, or of revival - 80% of the total premiums paid is returned and nothing more. Taxes, extra premium and rider premiums are excluded from that calculation.
- Nothing is payable at all on a lapsed policy. The 80% return applies only while the policy is in force.
Where Yuva Term falls short
No plan is right for everyone, and a page that only lists strengths is not much use to you. These are the gaps we would raise on a call before recommending it.
Worth knowing before you buy
None of these are dealbreakers on their own. They are the trade-offs this plan asks you to accept.
- Sold through an agent, so the premium carries a distribution cost. LIC's Digi-Term has identical eligibility and is sold online - check both prices before you commit to this one.
- Entry closes at 45. Over that age, LIC's New Jeevan Amar takes entrants to 65.
- Cover is capped at ₹5 crore. A high earner will outgrow it.
- Minimum term is 15 years, and 20 years on the 15-year limited premium route. There is no short-tenure option.
- No maturity benefit. Survive the term and nothing comes back.
Read it from the insurer
We summarise. The policy wording is the contract, and it is the only document that settles a dispute. These links go to the insurer's own pages.
Is Yuva Term the right plan for you?
A salaried, IRDAI-certified NYVO advisor will look at what you already have, tell you where this plan fits and where it does not. Free, and with no obligation to buy.
Book a free call →NYVO is an IRDAI Registered Corporate Agent (Composite), licence number CA1085. This page is general information about a product, not personal insurance advice. Plan terms are summarised from the insurer's documents – the policy wording governs.
