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Tech Term Plan vs Diabetic Plan Sub 8 Hba1c Plan

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Know More About Plans

LIC's Tech Term plan is a non-linked, non-participating online, pure risk premium plan, that provides financial protection to the insured's family in case of the demise of the policyholder during the policy term. The plan was introduced by LIC of India to facilitate easy access to term plans for those looking to buy from the comfort of their homes. In addition to covering potential financial expenses of the insured's family, the Tech Term plan comes with additional benefits in the form of riders for enhanced coverage.

LIC Tech Term Plan offers you a range of benefits including:

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  • Flexible Premium Payment Terms
  • Tax Benefit
  • Death Benefit Payout
  • Additional riders to choose from
  • Death benefits
  • Rebates on High Sum Assured
PLAN DETAILS

Tech Term Plan


Diabetic Plan Sub 8 Hba1c Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Online Application
  • Rebate on High Sum Assured
  • Lower Premium for Women
  • Keep Fit Benefit
  • Health Coaching
  • Second Medical Opinion
Plan Maturity age Maximum Maturity Age - 80 years Minimum maturity age: 35 years Maximum Maturity Age - 75 years
Plan Sum Assured Base sum assured: Rs 50 lakhs to no limit. Base sum assured: Rs 25 lakhs to no limit.
Plan Entry Age Minimum Age - 18 years Maximum Age - 65 years Minimum Age - 30 years Maximum Age - 60 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Policy loan The policy loan is not available under LIC Tech Term Plan. The policy loan is not available under Bajaj Life Diabetic Term Plan Sub 8 HbA1c
Plan Sample Premium Rs 580-/ per month Rs 850/- per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 10 years Maximum term - 40 years Minimum term - 5 years Maximum term - 25 years
Claim Settlement Ratio (2024-25) 98.15% 99.29%
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LIC Tech Term Plan No. 854 Details

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Bajaj Life Diabetic Term Plan Full Details | Term Insurance for Diabetics

Bajaj Life Diabetic Term Plan Full Details | Term Insurance for Diabetics

* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.

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