Compare

Tech Term Plan vs Saral Jeevan Bima

  • features icon No Spam
  • features icon No mis-selling
  • features icon No pushy sales

VS

Buy Policy in just 2 mins

Buy Policy in just 2 mins

Happy Customers

2 lakh + Happy Customers

Free Comparison

Free Comparison

30

Customized Term Insurance Plan for you.

Get upto 10% Online Discount*

GENDER

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:

why-choose
  • 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


Saral Jeevan Bima

Premium Including GST
Key Features
(Key features of the plan)
  • Online Application
  • Rebate on High Sum Assured
  • Lower Premium for Women
  • Flexible premiums
  • Additional riders
  • Financial protection
Plan Maturity age Maximum Maturity Age - 80 years Maximum Maturity Age - 70 years
Plan Sum Assured Base sum assured: Rs 50 lakhs to no limit. Basic Sum Assured: ₹50,000 to no limit.
Plan Entry Age Minimum Age - 18 years Maximum Age - 65 years Minimum Age - 18 years Maximum Age - 65 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Single pay, 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 HDFC Life Saral Jeevan Bima Plan.
Plan Sample Premium Rs 580-/ per month Rs 630/- per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 10 years Maximum term - 40 years Minimum term - 10 years Maximum term - 50 years
Claim Settlement Ratio (2024-25) 98.15% 99.68%
Recommended Videos
LIC Tech Term Plan No. 854 Details

LIC Tech Term Plan No. 854 Details

HDFC Term Insurance Plans

HDFC Term Insurance Plans

* 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.

Riders

Riders Associated with HDFC Life Saral Jeevan Bima Plan

You can add the following riders to your HDFC Life Saral Jeevan Bima Plan:

HDFC Income Benefit on Accidental Disability Rider

Get additional income benefits over and above your sum assured in the event of total permanent disability due to an accident.

HDFC Life Protect Plus Rider

If the policyholder passes away due to an unfortunate accident during the rider term, 100% of the rider sum assured shall be payable.

Other Term Insurance Companies

Consult for Personalized Insurance Advice

Contact With Advisor

But how does it work?

Schedule a call with India’s number 1 trusted advisor with a 4.5+ rating on Google. We are not your average insurance agents. Our advisors are experts in their insurance knowledge and will give you the right information at the right time. The service is free of cost! Don’t worry, we won’t spam as we value your time.