LIC Yuva Term Plan 875

LIC Yuva Term Plan 875 is a newly-launched term insurance plan that will help take care of your family's financial needs if you are no longer around. A pure-risk life insurance plan, it is meant to offer your family financial security in the event of your untimely demise within the policy term. The plan offers guaranteed, fixed death benefits along with the option to choose your premium payments and policy terms. With the Yuva Term plan LIC offers a great combination of high cover and affordable premiums.

Read more
51 Partners Insurance Partners
12.02 Crore Registered Consumer
5.9 Crore Policies Sold
We are rated ++ rating
₹1 Crore Life cover starting from +
Lowest Price Guarantee ˜
Check Your Premium Now
Please wait. We Are Processing..
Term Insurance
Get Updates on WhatsApp
×

Keep reading to find out more about the LIC Yuva Term Plan 875.

LIC Yuva Term Plan 875- An Overview

LIC Yuva Term Plan 875 is a non-participating, non-linked term insurance plan offered by LIC of India. Since the Yuva Term LIC plan is a pure protection plan, it will not receive any profits or bonuses that LIC may declare. The LIC Yuva Term plan aims to financially secure the insured's family in the event of the insured's unfortunate demise. It offers various premium payment options (single, regular, or limited), two death benefit options (Level and Increasing Sum Assured), and attractive rates for non-smokers.

The basic sum assured can be covered by different maturity benefits, depending on the contract duration and conditions. The Yuva term plan 875 guarantees the payment of death benefits without any bonuses or sharing of surpluses and can be obtained through different offline sales channels such as agents and brokers.

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 13/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

Key Features of LIC Yuva Term Plan 875

  • The LIC Yuva Term plan provides flexible death benefit options such as Level or Increasing Sum Assured.

  • You can choose the Premium payment options, including Single, Regular, or Limited Premium and calculate the amount using LIC Yuva term plan calculator.

  • The LIC Yuva Term plan 875 offers special rates are available for women and non-smokers.

  • Discounts are offered for higher sums assured.

  • LIC Yuva Term Plan 875 death benefit can be received in installments if chosen.

Eligibility Criteria of LIC Yuva Term Plan 875

Parameters Minimum Maximum
Entry Age 18 years 45 years
Maturity Age 33 years 75 years
Sum Assured Rs. 50 Lakhs Rs. 5 Crores
Policy Term 15 years 40 years

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%#

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

Benefits of LIC Yuva Term Plan 875

Below are the benefits of the LIC Yuva Term plan 875 the nominee will receive after the policyholder's unfortunate demise.

  1. Death Benefit: 

    The nominee will receive the death benefit if the policyholder dies during the policy term. Under Regular Premium and Limited premium payment, “Sum Assured on Death” is defined as the highest of:

    • 7 times the annualised premium, 

    • 105% of total premiums paid, 

    • or the absolute amount assured

      Under Single premium payment, “Sum Assured on Death” is defined as the higher of:

    • 125% of Single Premium; 

    • or • Absolute amount assured to be paid on death.

  2. Maturity Benefit: 

    As a pure term insurance plan, LIC Yuva plan provides no maturity benefit if the life assured survives to the end of the policy term.

  3. Option to Take Death Benefit in Installments: 

    LIC Yuva term insurance death benefit can be received in installments over 5, 10, or 15 years, with monthly, quarterly, half-yearly, or yearly payments available if the total claim amount meets the minimum installment requirements.

    Mode of Instalment Payment Minimum Instalment amount (Rs)
    Monthly 5,000
    Quarterly 15,000
    Half-Yearly 25,000
    Yearly 50,000

Sample Premium Illustration of LIC Yuva Term Plan 875

The sample illustrative premiums for LIC Yuva Term plan’s Option I (Level Sum Assured) and Option II (Increasing Sum Assured) for Basic Sum Assured of Rs 50 Lakh for Non-Smoker, Male, Standard lives under different Premium Payment options are as under:

Option I (Level Sum Assured):

Age Policy Term Regular Annual Premium (in Rs.) Annual Premium for Limited Premium Paying Term of 15 Years (in Rs.) Annual Premium for Limited Premium Paying Term of 10 Years (in Rs.) Single Premium (in Rs.)
20 years 20 years 4,550 5,250 6,600 44,350
30 years 20 years 5,950 6,850 8,750 59,550
40 years 20 years 11,700 13,600 17,500 1,21,900

Option II (Increasing Sum Assured):

Age Policy Term Regular Annual Premium (in Rs.) Annual Premium for Limited Premium Paying Term of 15 Years (in Rs.) Annual Premium for Limited Premium Paying Term of 10 Years (in Rs.) Single Premium (in Rs.)
20 years 20 years 5,850 6,750 8,550 58,400
30 years 20 years 8,250 9,600 12,250 84,950
40 years 20 years 17,850 20,850 26,850 1,88,950

The premium amounts for the LIC Yuva term plan 875 can be easily calculated by the customer or the policyholder in various modes. The LIC Yuva Term Plan Calculator provides the premium amounts on a monthly/ quarterly/ half-yearly/ yearly basis. The LIC Yuva Term Plan Calculator requires: 

  • Your Current Age

  • Gender

  • Smoker Status

  • Basic Sum Assured (₹)

  • Death Benefit Option

  • Premium Payment Term

  • Policy Term (Years), and 

  • Premium Payment Mode

Based on this information, the calculator will provide the results showing premium amounts and the sum assured amount of the policy.

LIC Yuva Term Plan Details

The following are the LIC 875 plan details for everyone who wishes to purchase or has an LIC Yuva Term plan.

  1. Grace Period

    A grace period of 30 days is given for yearly or half-yearly premium payments. During this time, the policy stays active with full risk cover. If the premium isn't paid within this period, the policy will lapse and all benefits will stop.

  2. Rebates

    The following rebates shall be applicable:

    Basic Sum Assured Rebates Under Option I: Level Sum Assured Rebates Under Option II: Increasing Sum Assured
    Regular/ Limited Premium Single Premium Regular/ Limited Premium Single Premium
    50 Lakh to less than 1 Crore Nil Nil Nil Nil
    1 Crore to less than 2 Crore  18% 17% 16% 15%
    2 Crore to less than 5 Crore  33% 30% 29% 28%
    5 Crore and above 40% 35% 36% 33%
  3. Revival

    You can revive a lapsed policy within 5 years from the first unpaid premium, before maturity, by paying all due premiums with interest and fulfilling health requirements. LIC may accept, modify, or reject the revival. If not revived within this time, the policy ends with no benefit, except limited plans may get a small amount back.

  4. Free-Look Period

    If you're unsatisfied with the policy terms and conditions, you can return the policy within 30 days of receiving it (physical or electronic copy, whichever is earlier). LIC will cancel the policy and refund the premium paid after deducting charges for risk cover, medical tests (if any), and stamp duty.

Life Insurer Details

What is Not Covered in the LIC Yuva Term Plan 875?

The LIC Yuva Term plan includes a suicide exclusion clause as follows:

Regular/Limited Premium Policy

If the life assured (whether sane or insane) commits suicide within 12 months from the commencement or revival of the policy, the nominee will receive 80% of the total premiums paid (excluding extra premium, rider premium, and taxes), provided the policy is in force. No benefit is payable if the policy has lapsed.

Single Premium Policy

If the life assured (whether sane or insane) commits suicide within 12 months from the commencement of risk, the nominee is entitled to 80% of the single premium paid (excluding extra premium, rider premium, and taxes).

Note: You should also check the term insurance benefits if you are planning to purchase the term insurance plan.

FAQs

  • Q: What are the available premium payment options for this plan?

    Ans: LIC Yuva Term plan allows the policyholder to choose from Single Premium, Regular Premium, and Limited Premium payment options.
  • Q: Can the death benefit be changed after the policy is purchased?

    Ans: No, a policyholder cannot change the death benefit option (Level Sum Assured or Increasing Sum Assured) after purchasing the policy.
  • Q: Can I change the Death Benefit Option once selected?

    Ans: You only have the option to change the payment mode of the LIC Yuva Term plan death benefit from a single payment to monthly, quarterly, half-yearly, and yearly instalment payouts.
  • Q. What is the Yuva Term in LIC?

    Ans: The LIC Yuva Term Plan is a pure protection plan and is your family's financial safety net in case you die. It offers two death cover options, Level or Increasing Sum Assured. You can either pay the premium once, regularly or for a limited period. There are special benefits for women and non-smokers.
  • Q. What is the education qualification for LIC Yuva Term Plan?

    Ans: The minimum qualification to buy an LIC Yuva Term Plan is passing 12th standard or its equivalent.
  • Q. What is LIC Yuva Term Plan and How to Calculate Premium & Benefits?

    Ans: LIC Yuva Term Plan 875 is a pure term insurance plan that pays your family financial compensation in case you die. The LIC Yuva term plan premium calculator is an easy, to, use tool that can help you figure out your premiums and benefits quickly, thereby enabling you to plan your security in the future more effectively.
  • Q. What is LIC’s Yuva Term Plan 875?

    Ans: LIC Yuva Term Plan 875 is essentially a term plan that protects your family financially in case of your death during the term. It is a plan that offers high coverage at a low premium, so it is a great option for young salaried individuals who want affordable term insurance.
  • Q. What is the difference between LIC Yuva term and LIC Digi term?

    Ans: The primary difference between LIC Yuva Term Plan 875 and LIC Digi Term is the purchase channel. Yuva Term can be bought offline via LIC agents, whereas Digi Term is an online product sold only on LIC's official website. Both are non-participating, non-linked, pure-risk term plans that provide a death benefit to the policyholder's family in the event of the policyholder's death during the policy term.

Premium By Age

˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

Rs. 400/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 400/month (Rs.13/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 230 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 12/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 497/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 487/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 626/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 905/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. ₹361/month is the starting price for a ₹1 crore loan cover with an 8% interest rate for an 18-year-old male, non-smoker, with no pre-existing diseases, loan tenure up to 20 years, rounded off to the nearest 10

+Rs. 1,267/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.

+Rs. 447/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs.679/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 910/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,924month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

Women

+Rs. 400/month is Starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 461/month is the starting price for a 1 crore term life insurance for an 24 year-old female, non-smoker, with no pre-existing diseases, cover upto 54 years of age.

1,642/month is the starting price for a 1 crore term life insurance for an 44 year-old female, non-smoker, with no pre-existing diseases, cover upto 74 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

© Copyright 2008-2026 policybazaar.com. All Rights Reserved

˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.



Choose Term Insurance Plan as per you need

Plans starting from @ ₹473/Month*
Term Insurance
1 Crore Term Insurance
Term Insurance
2 Crore Term Insurance
Term Insurance
4 Crore Term Insurance
Term Insurance
5 Crore Term Insurance
Term Insurance
6 Crore Term Insurance
Term Insurance
7 Crore Term Insurance
Term Insurance
7.5 Crore Term Insurance
Term Insurance
8 Crore Term Insurance
Term Insurance
9 Crore Term Insurance
Term Insurance
15 Crore Term Insurance
Term Insurance
20 Crore Term Insurance
Term Insurance
25 Crore Term Insurance
Term Insurance
30 Crore Term Insurance
Term Insurance
15 Lakh Term Insurance
Term Insurance
60 Lakh Term Insurance

Term Insurance Articles

  • Recent Article
  • Popular Articles
06 Feb 2026

ICICI Bank Home Loan Calculator

Buying a house is a big decision that will affect your finances

Read more
06 Feb 2026

What are Silent Heart Attack Symptoms You Might...

A silent heart attack doesn’t always cause severe chest pain

Read more
06 Feb 2026

Death Due To Cyclone: Common Causes And How To...

Cyclones are among the deadliest natural disasters, causing

Read more
06 Feb 2026

Home Loan EMI Calculator by Tenure

Home Loan EMI Calculator by Tenure is a tool that will enable

Read more
05 Feb 2026

LIC Term Insurance 50 Lakh

If you are looking for a simple, affordable way to financially

Read more

Term Insurance Calculator Online : Policybazaar...

Term Insurance Calculator A Term insurance calculator is a freely available online tool that helps you calculate the

Read more

Claim Settlement Ratio of Term Insurance Plan...

Term Life Insurance Claim Settlement Ratio (CSR) is an important parameter to be considered when choosing a term

Read more

Buy Best ₹1 Cr Term Insurance Plan Online

A 1 crore term insurance plan is a pure form of term life insurance that offers a death benefit of Rs 1 crore to

Read more

Property Mortgage Insurance

Property mortgage insurance is an important part of owning a home through a loan. The property becomes the

Read more

Home Loan Insurance Calculator: Estimate Your...

A home loan insurance calculator is an easy-to-use online tool that shows you how much it will cost to protect

Read more
Get Call Back Now
Claude
top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL