Name: LIC Digi Credit Life
Brand: Life Insurance Corporation of India
Availability: InStock
Rating: 4.6 (32 reviews)

Question 1

What is LIC Digi Credit Life (Plan 878)?

Accepted Answer

LIC Digi Credit Life is a term insurance plan from Life Insurance Corporation of India. Digital-only loan protection, buy online in minutes.

Question 2

What is the eligibility age for LIC Digi Credit Life?

Accepted Answer

Entry age is between 18 and 65 years. Policy term: 5 to 20 years. Premium paying term: Single premium.

Question 3

What is the minimum sum assured for LIC Digi Credit Life?

Accepted Answer

Minimum sum assured is ₹25,00,000. There is no upper limit on sum assured.

Question 4

What are the tax benefits of LIC Digi Credit Life?

Accepted Answer

Section 80C deduction on premium.

Question 5

Is LIC Digi Credit Life available for NRIs?

Accepted Answer

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

Question 6

What happens if I stop paying premiums on LIC Digi Credit Life?

Accepted Answer

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.

Minimum Entry Age	18 years (completed)
Maximum Entry Age	65 years
Minimum Sum Assured	₹25,00,000
Policy Term	5, 7, 10, 12, 15, 20 years
Premium Paying Term	Single premium
Bonus Type	none
Risk Level	low
NRI Eligible	Yes

Age	25 years
20 yrs	₹34,550
30 yrs	₹45,600
40 yrs	₹88,750

LIC Digi Credit Life

What is LIC Digi Credit Life?

Key Highlights

Benefits Explained Simply

If Something Happens to You (Death Benefit)

When the Plan Matures (Maturity Benefit)

Eligibility & Details

Tax Benefits

Premium Rates (Indicative)

Example: What You Could Get

Who is This Plan Best For?

Frequently Asked Questions