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LIC Online Term Plans vs Private Online Term Insurance. Premium Comparison 2026

An honest, fact-based comparison to help you make an informed decision.

LIC: Digi Term (Plan 876)

Digital-only term plan, buy online in minutes

100% online purchase, no agent requiredPossibly the lowest premium LIC term planUp to age 45, designed for digital generationPaperless, hassle-free

How Competitors Compare

HDFC Life: Click 2 Protect Supreme Plus

Strength

99.68% CSR, 3 plan options, increasing SA up to 200%

Limitation

Higher premium than some competitors

Axis Max Life: Smart Term Plan

Strength

99.70% CSR (highest), cover up to age 99, additional returns option

Limitation

Fewer riders compared to LIC

Bajaj Allianz: eTouch

Strength

Lowest premiums in the market, online-only

Limitation

Lower CSR (99.02%), no offline support

Claim Settlement at a Glance

Insurer	CSR	Govt Backed	Years
LIC of India	98.62%		70+
HDFC Life	99.68%	—	26
Axis Max Life	99.70%	—	26
Bajaj Allianz	99.29%	—	25

Our Verdict

LIC Digi Term offers online-only term insurance at lower premiums than LIC's offline Yuva Term, with the added trust of government backing. Private online term plans (especially Bajaj eTouch) may have lower premiums, but LIC's guaranteed government backing and 65+ year track record provide unique peace of mind. Compare exact premiums for your age and coverage.

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This comparison is for informational purposes only. All data sourced from IRDAI reports and official insurer websites. Actual features, premiums, and benefits may vary. Verify with respective insurers before making a decision.