LIC New Tech-Term (Plan No. 954)
LIC’s online term insurance – big cover at low premium, special rates for women and non-smokers.
LIC’s New Tech-Term (Plan 954) is LIC’s online pure term insurance plan. For a small yearly premium, your family gets a large lump sum if anything happens to you during the term. Women and non-smokers get lower premium rates.
| Plan name | LIC New Tech-Term |
|---|---|
| Plan number | 954 |
| UIN | 512N351V02 |
| Category | Term Insurance Plans |
How LIC New Tech-Term works
- Choose sum assured and term; buy online.
- Option of Level Sum Assured or Increasing Sum Assured.
- Death benefit as lump sum or in instalments.
- No maturity benefit – it is pure protection, hence the low premium.
Who should buy this plan?
- Every earning person with dependants
- Home loan or car loan borrowers
- Young professionals in IT Park, Mohali and Panchkula
Important points before you buy
- Medical tests may be needed for higher covers.
- Disclose smoking and health history correctly to avoid claim issues.
Try the Life Insurance Cover Calculator
Living abroad? Read LIC New Tech-Term for NRIs.
Why buy LIC New Tech-Term through Vedpal Singh?
- 20+ years of experience with LIC in the Chandigarh tri-city; Development Officer at LIC’s Manimajra branch.
- Honest comparison of plans – we suggest what fits your goal and budget, including term cover where needed.
- Doorstep service for proposal, KYC and medicals in Chandigarh, Mohali, Panchkula and Zirakpur.
- Lifetime after-sales help: premium reminders, loans, nominee change, revival and claim support for your family.
Frequently asked questions
Source: plan details summarised from LIC’s official plan list and brochures on licindia.in. Features, eligibility and rates may change – the latest LIC sales brochure prevails.
Related LIC plans
LIC Yuva Term & Digi Term
LIC’s newer term plans aimed at young earners – offline (Yuva Term) and online (Digi Term).
LIC Saral Jeevan Bima
IRDAI standard term plan – simple features, easy for first-time buyers.
Get LIC New Tech-Term Quote
Apni details bhejiye – Vedpal Singh aapko call karke sahi plan batayenge.