PolicyBros.in
Term InsurancePlan 887NRI Eligible

LIC Bima Kavach

Comprehensive term plan with rider options, launched December 2025

What is LIC Bima Kavach?

LIC Bima Kavach (Plan 887, UIN 512N360V01) is a pure term insurance plan from Life Insurance Corporation of India. It is a non-participating pure risk plan: there are no bonuses and no share in LIC's surplus, which is exactly why the premium stays low for the cover it buys.

Premiums are paid through the policy term, in yearly, half-yearly, quarterly or monthly mode. If the policyholder dies during the term, the nominee receives: Sum Assured (level or increasing) paid to nominee. There is no maturity or survival payout; the plan is pure protection.

It suits people looking for pure protection, comprehensive cover and rider options. NRIs can buy this plan too.

Key Highlights

Launched December 2025, latest LIC term plan
Multiple rider options (critical illness, accidental)
Level or increasing sum assured
Comprehensive family protection

Benefits Explained Simply

If Something Happens to You (Death Benefit)

Sum Assured (level or increasing) paid to nominee

When the Plan Matures (Maturity Benefit)

None, pure protection

Eligibility & Details

Minimum Entry Age18 years (completed)
Maximum Entry Age65 years
Minimum Sum Assured₹2,00,00,000
Policy Term10, 15, 20, 25, 30 years
Premium Paying Term10, 15, 20, 25, 30 years
Bonus Typenone
Risk Levellow
NRI EligibleYes

Tax Benefits

  • Section 80C deduction on premiums

Premium Rates (Indicative)

Age20 years
20 yrs₹12,600
30 yrs₹19,000
40 yrs₹43,600

VERIFIED from official LIC Sales Brochure. Option I (Level SA), Regular Premium, Non-Smoker Male, 20-year term. ₹2 crore BSA. Coverage up to age 100. Life Stage Option: BSA increases on marriage (+50%) and child birth (+25%). Min BSA ₹2 crore.

Source: LIC Official Sales Brochure | Data last verified: 21 March 2026

Example: What You Could Get

If a 30-year-old buys this plan with ₹10 lakh sum assured, 20-year term:

Annual Premium

₹950

Total Paid (20 yrs)

₹19,000

Death Benefit

₹10,00,000

No maturity benefit (pure protection)

Who is This Plan Best For?

pure protectioncomprehensive coverrider options

Frequently Asked Questions

What is LIC Bima Kavach (Plan 887)?

LIC Bima Kavach is a term insurance plan from Life Insurance Corporation of India. Comprehensive term plan with rider options, launched December 2025.

What is the eligibility age for LIC Bima Kavach?

Entry age is between 18 and 65 years. Policy term: 10 to 30 years. Premium paying term: 10 to 30 years.

What is the minimum sum assured for LIC Bima Kavach?

Minimum sum assured is ₹2,00,00,000. There is no upper limit on sum assured.

What are the tax benefits of LIC Bima Kavach?

Section 80C deduction on premiums.

Is LIC Bima Kavach available for NRIs?

Yes. LIC Bima Kavach is available to Non-Resident Indians. NRIs can buy this plan during a visit to India or through power of attorney.

What happens if I stop paying premiums on LIC Bima Kavach?

If you stop paying premiums before 3 years, the policy lapses and you lose all benefits. After 3 years of premium payments, the policy acquires a paid-up value and you receive a reduced sum assured. You can also revive a lapsed policy within 5 years by paying outstanding premiums plus interest.

The information above is for educational purposes only. Actual premiums, benefits, and terms are as per LIC of India. For official and complete details, visit licindia.in.

Interested in Bima Kavach?

Get a free consultation and exact premium quote for your age and needs.

View on LIC Official Site

Already have this policy?

Create a free account to track your premium due dates, get reminders, and see all your LIC policies in one dashboard.