Digit Life Term Insurance

Key features

• ✓Fully online purchase with PAN and Aadhaar (no physical forms)
• ✓Sum assured range ₹2.25 Lakh to ₹1 Crore
• ✓Entry age 18–65 years; cover up to age 85
• ✓Policy term 1 to 40 years
• ✓Premium payment modes: Yearly, Half-Yearly, Quarterly, Monthly (and Single Pay)
• ✓Flexible premium term: Single, Limited, or Regular pay
• ✓Accelerated Terminal Illness Benefit
• ✓Health Management Services with wellness incentives
• ✓Grace period: 15 days (monthly mode), 30 days (other modes)
• ✓Tax benefits under Sections 80(C) and 10(10D) of the Income Tax Act

What’s included

• ✓Death benefit during policy term
• ✓Accelerated Terminal Illness Benefit
• ✓Optional Accidental Death Benefit (rider)
• ✓Optional Accidental Disability Benefit (rider)
• ✓Optional Critical Illness Benefit (rider)
• ✓Optional Waiver of Premium on disability/critical illness (rider)

What’s excluded

• ✕Suicide within 12 months of policy commencement/revival (only premiums refunded)
• ✕Pre-existing illnesses not disclosed at proposal
• ✕Death due to participation in hazardous/adventure sports
• ✕Death due to war, invasion, or civil commotion
• ✕Death due to self-inflicted injury
• ✕Death under influence of intoxicating substances not prescribed by a registered medical practitioner
• ✕90-day waiting period for POS-channel sales (non-accident deaths)

Eligibility

Min age

18 years

Max age

65 years

Max entry age

65 years

Covers

Self

Policy term

1 to 40 years

Life cover

Min ₹2.25 Lakh; Max ₹1 Crore