LIC Digi Term vs Yuva Term: the same plan at two different prices
If you’re looking at LIC’s newer term plans, you’ll see two names that look almost identical: LIC Digi Term (Plan 876) and LIC Yuva Term (Plan 875). People assume they’re different products. They’re not — and the difference between them can cost you real money.
Same cover, same features
Yuva Term and Digi Term are pure term-insurance plans with the same structure: they pay your family a lump sum if you die during the policy term, and nothing on survival (that’s what makes term insurance cheap). Their cover options, limits, and features mirror each other almost exactly. Both are non-linked, non-participating pure-risk plans.
The one real difference: how you buy it
- LIC Digi Term (876) is bought online, directly from LIC’s website. Launched in August 2024 as an online-only plan.
- LIC Yuva Term (875) is bought offline, through an LIC agent or broker.
Why Digi Term is cheaper
Because Digi Term is sold online, it skips the agent commission built into an offline sale. That saving is passed to you. In one same-profile comparison, Digi Term cost around Rs 30,586 a year versus Yuva Term at Rs 36,313 — roughly 15–20% less for identical cover. Over a 30-year policy, that difference adds up to a large sum for exactly the same protection.
So which should you pick?
If you’re comfortable filling a form online and managing your policy yourself, Digi Term gives you the same LIC cover for less. Yuva Term makes sense mainly if you want an agent to guide you through the paperwork and handle servicing — and you’re happy to pay for that convenience.
One more thing worth knowing: LIC’s term plans, while backed by the largest, government-owned insurer in India, tend to have fewer riders and online-servicing features than some private online term plans. It’s worth comparing across insurers before you decide.
Compare before you buy
Our term insurance comparison tool shows indicative premiums and claim-settlement ratios for LIC Digi Term, Yuva Term, HDFC, Max Life and ICICI side by side for your age and cover, so you can buy term well. You can also build a full protection-and-savings plan with Plan Banao.
Educational content, not individual advice. Premiums are indicative (2026) and vary by age, health and term. Confirm current figures with LIC or a licensed advisor before buying.