The LIC tech term plan is a pure protection term insurance policy that seeks to safeguard the policyholder's family financially in the event of his or her untimely death during the policy term.

With the dangers that come with life, it's critical to pick a sum guaranteed that not only protects your family while you're gone, but also helps them keep up with the rising cost of living. Broker commissions are avoided when you purchase LIC tech term online, which lowers the insurance premium significantly. For example, a 30-year-old non-smoking man who purchases this insurance with an amount insured of Rs 1 crore and a policy period of 30 years will only have to pay Rs 9,000 per year in premiums.

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