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An in depth LIC Bima Kavach evaluation with options, premiums, professionals, cons, and comparability with LIC Digi Time period & LIC New Tech-Time period. Discover the most effective LIC time period plan for you.

LIC has launched its newest pure time period insurance coverage plan, Bima Kavach (Plan 887), on third December 2025. Each time LIC releases a brand new product, it creates curiosity—and rightly so. Many ask:

• How does it differ from current LIC time period plans like Digi Time period and New Tech-Time period?
• Is it price shopping for for younger professionals or high-income earners?
• Are premiums reasonably priced in comparison with different LIC plans?

This complete LIC Bima Kavach Evaluation solutions all of those in easy, sensible language.

LIC Bima Kavach Evaluation: New Time period Plan In contrast with Digi & Tech-Time period

What’s LIC Bima Kavach?

LIC Bima Kavach is a pure time period insurance coverage plan:

• Offers solely dying profit
• No maturity payouts, bonuses, or market-linked returns
• Presents high-value protection, beginning at Rs.2 crore, with no higher restrict

In contrast to investment-oriented plans, Bima Kavach focuses fully on safety, making it perfect for people seeking to financially safe their household.

Key Options of LIC Bima Kavach

1. Excessive Minimal Sum Assured (Rs.2 Crore)

In contrast to different LIC time period plans (e.g., Digi Time period begins at Rs.50 lakh), Bima Kavach targets high-income earners who require vital life protection. Therefore, clearly this product is just not meant for all and just for these whose want is greater than Rs.2 Crore can look into this product.

2. Broad Entry Age (18–65 Years)

LIC permits people as much as 65 years to enter.

Tip: Shopping for time period insurance coverage at older ages will increase premium; it’s usually perfect for ages 25–50.

3. Loss of life Profit Choices

• Degree Sum Assured: Fastened protection all through coverage time period
• Rising Sum Assured: Protection will increase 10% per yr from yr 6 to fifteen, then stays fixed

That is helpful for these whose monetary tasks develop over time.

4. Life Stage Profit

You’ll be able to enhance protection throughout:

• Marriage
• Delivery of first little one
• Delivery of second little one
• Shopping for a house

No medical assessments required, however circumstances apply:

• Just for Degree Sum Assured
• Solely below common premium
• Provided that age ?40

Instance:
A Rs.2 crore coverage at age 30 might enhance to Rs.4 crore over life occasions.

5. Versatile Premium Cost

• Common Pay
• Restricted Pay (5/10/15 years)
• Single Premium

6. Decrease Premiums for Ladies & Non-People who smoke

Particular charges make this plan extra accessible.

7. Protection as much as 100 years!!

Do you want time period life insurance coverage protection as much as 100 years of age? NO. It appears the product is launched to compete with non-public life insurers who’re providing the time period insurance coverage as much as 100 years of your age. Time period Life Insurance coverage is waste product when you flip financially impartial or nobody is financially depending on you. Therefore, to the max shopping for as much as your 65 years of age is sufficient (which is already obtainable with current on-line time period plans of LICs like Digi Time period and New Tech Time period).

Particular charges make this plan extra accessible.

8. On-line & Offline Availability

Buy via:

• LIC ANANDA portal (digital)
• LIC brokers or branches (offline)

Comparability of LIC Bima Kavach (Plan 887) Vs LIC Digi Time period (Plan 876) Vs LIC New Tech-Time period (Plan 954)

LIC Digi Time period (Plan 876)

LIC New Tech-Time period (Plan 954)

LIC Bima Kavach (Plan 887)

• Minimal SA: Rs.2 crore | Max SA: No restrict
• Entry Age: 18–65
• Life Stage Profit for protection enhance
• Max maturity age: 100 years
• Highest premium
• Greatest for high-income people needing massive cowl

Premium Comparability (Illustration)

Profile: 30-year-old male, non-smoker, Rs.2 crore, 20-year time period, common premium

Remark: Digi Time period is the most cost effective (~35% decrease than Bima Kavach), making it perfect for cost-conscious younger patrons.

Who Ought to Purchase LIC Bima Kavach?

• Excessive-income earners wanting minimal Rs.2 crore cowl
• People planning life-stage protection will increase
• Consumers needing protection as much as age 100 (NOT REQUIRED. It’s only a gimmick)
• Individuals snug paying barely greater premium for flexibility

In case your objective is lowest premium – select Digi Time period.
In order for you riders – select New Tech-Time period.

Fast Determination Information

FAQs — LIC Bima Kavach Evaluation

1) What’s LIC Bima Kavach?

A pure time period insurance coverage plan (Plan 887) providing dying profit solely, beginning at Rs.2 crore.

2) Is LIC Bima Kavach higher than Digi Time period?

Relies on your want: Digi Time period is cheaper; Bima Kavach is healthier for prime cowl and life-stage profit.

3) What’s the premium for Rs.2 crore cowl?

Approx. Rs.17,575 per yr for a 30-year-old male non-smoker.

4) Who can buy LIC Bima Kavach?

Excessive-income earners needing massive protection or planning life-stage protection will increase.

5) Can protection be elevated later?

Sure, through the Life Stage Profit throughout marriage, childbirth, or house buy.

6) Most maturity age?

As much as 100 years, the longest amongst LIC time period plans.

7) On-line/offline buy obtainable?

Sure, through LIC ANANDA portal or LIC brokers/branches.

8) Does it provide maturity advantages?

No. It’s a pure safety plan.

Remaining Verdict

LIC Bima Kavach is a robust addition to LIC’s time period insurance coverage portfolio.

• It’s perfect for high-income earners needing minimal Rs.2 crore cowl
• Life-stage profit is a singular benefit
• Premium is greater than Digi Time period

For many younger professionals, Digi Time period stays essentially the most cost-effective possibility. Select a plan based mostly in your age, premium affordability, and protection wants. And bear in mind—shopping for time period insurance coverage as we speak secures your loved ones’s monetary future tomorrow. It appears that evidently this product is launched to compete with non-public life insurers who’re providing the time period life insurance coverage for as much as 100 years of age. Therefore, as you don’t want the protection as much as 100 years of your age and premium can also be excessive on this product, simply dumping this and going with the Digi Time period is much superior.