LIC Yuva Term – Plan 875 is a pure term insurance plan specially designed for young individuals who want to secure their family’s financial future at an early stage of life. This plan provides a high Sum Assured at an exceptionally affordable premium, making it one of the most cost-effective life insurance solutions for youth in India.
Unlike traditional insurance plans that combine savings or investment elements, Yuva Term focuses exclusively on risk protection. Its core objective is simple yet powerful: to ensure that your loved ones are financially protected if something unexpected happens to you. By purchasing this plan at a young age, policyholders can lock in low premiums for long durations while enjoying comprehensive life cover.
✔ Income Replacement: Ensures your family does not suffer financially due to loss of income.
✔ Loan Protection: Helps repay education loans, personal loans, or home loans.
✔ Early Financial Discipline: Encourages responsible financial planning at a young age.
✔ Low Lifetime Cost: Buying early locks in the lowest possible premium.
✔ Family Security: Provides peace of mind knowing loved ones are protected.
The policyholder selects the Sum Assured, policy term, and premium payment option at the time of purchase. Once the policy is issued, life cover begins immediately.
If the policyholder survives the policy term, no amount is paid at maturity, as Yuva Term is a pure risk cover plan. However, if death occurs during the policy term, the nominee receives the full Sum Assured as a lump sum.
Accidental Death Benefit Rider: Provides additional payout if death occurs due to an accident.
Critical Illness Rider: Pays a lump sum on diagnosis of specified major illnesses, helping cover medical costs and income loss.
Example 1: College Graduate
Approx Annual Premium: ₹3,000 – ₹4,000
Family receives ₹50 Lakhs if death occurs during policy term.
Example 2: Young IT Professional
Approx Annual Premium: ₹6,000 – ₹8,000
Premium varies based on age, health, smoking status, and policy term.
Premiums paid qualify for deduction under Section 80C.
Death benefit received by nominee is fully tax-free under Section 10(10D).
✔ Students & fresh graduates
✔ Young salaried professionals
✔ Early-stage entrepreneurs
✔ Individuals with dependent parents
✔ Anyone planning financial security early
Advantages: Extremely low premium, high coverage, long-term protection, LIC trust.
Limitations: No maturity benefit (pure term plan).
LIC Yuva Term – Plan 875 is one of the smartest insurance choices for young individuals who want maximum protection at minimum cost. By starting early, policyholders benefit from low premiums, long-term coverage, and lifelong peace of mind.
If your goal is to protect your family, secure future responsibilities, and build a strong financial foundation from a young age, LIC Yuva Term is a powerful, reliable, and future-ready solution.