LIC Tech Term (Plan 854)

Pure Online Risk Term Cover • Plan No. 854 | UIN: 512N333V01

Non-participating, non-linked online pure risk premium life insurance plan providing high financial protection to insured family at economical rates.

Key Features & Benefits

• Pure term insurance with sovereign guarantee under Section 37
• Special discounted premium rates for non-smokers and healthy individuals
• Choice of Level Sum Assured or Increasing Sum Assured (10% increase every year)
• Death benefit payout option in lump sum or staggered monthly installments
• High Sum Assured rebate on policy values above ₹1 Crore

Limitations & Waiting Periods

• Pure protection plan: No maturity payout if insured survives the policy term.
• Strict medical underwriting and financial document verification required.