Digit Glow Plus Term Life Insurance

(A Non-Linked NonParticipating Individual Pure Risk Life Insurance Plan)
UIN: 165N007V02

Digit Glow Plus Term Life Insurance is a non-linked and non-participating pure risk plan that provides life insurance coverage to you for the chosen policy term and financially protects your family in your absence. It also offers an inbuilt accelerated terminal illness benefit on diagnosis of terminal illness.

Additionally, it offers a range of inbuilt optional benefits to provide financial protection against accidental death and total & permanent disability, providing a comprehensive protection solution.

Life Insurance Cover for the financial security of your family

Flexibility to choose from two plan variants based on your needs

Inbuilt Accelerated Terminal Illness Benefit with no additional premium

Inbuilt Waiver of Premium on diagnosis of Terminal Illness

Get all your Premiums back as Maturity Benefit with Term Insurance with Return of Premium variant

Option to defer the premium payment by up to 12 months with the Pay Later Option

Get back 100% of Premiums paid as Smart Exit Benefit on Early Exit, if you do not need Life Insurance Cover anymore

Special Premium Discount for Salaried persons in the first policy year

Lower Premium Rates for Women

Wellness Benefits to Life Assured

Enhance the financial protection against Accidental Death, Accidental Total and Permanent Disability through optional benefits.

Flexibility to pay premiums once, for a limited period or throughout the policy term

Who Can Apply and How Much Coverage Can You Get?

Parameter Details
Minimum Entry Age 18 years (last birthday)
Maximum Entry Age 65 years (last birthday)
Maximum Maturity Age 85 years
Maturity Age (POSP variant) 65 years
Minimum Sum Assured ₹10,00,000
Maximum Sum Assured No fixed upper limit, subject to company underwriting rules/board policy.
POSP Sum Assured Format In multiples of ₹50,000 only

Digit Glow Plus Term Life Insurance – Choice of Two Variants

Digit Glow Plus Term Life Insurance offers the following two variants, and you can choose any one of them at inception as per your needs. Once selected, the variant cannot be changed later. The premium will vary depending on the variants chosen.

Variant Name Death Benefit
+
Inbuilt Accelerated Terminal Illness Benefit		 Maturity Benefit
Term Insurance
  • Death benefit during policy term.
  • Inbuilt death benefit can be accelerated in case of diagnosis of terminal illness.
 No maturity payout on survival.
Term Insurance with Return of Premium
  • Death benefit during policy term.
  • Inbuilt accelerated terminal-illness benefit applies on diagnosis.
 If you survive the term, you receive 100% of the total premiums paid as a lump sum at maturity (this excludes premiums for optional inbuilt benefits).

Flexible Features of Digit Glow Plus Term Life Insurance

Smart Exit Benefit

Digit Glow Plus Term Life Insurance offers a built-in Smart Exit option for term plans. After completing 29 policy years (excluding the last 5 years), you can exit early and receive 100% of the premiums paid, including any underwriting extras. This benefit is available only if the policy is active, all premiums are paid, and no claims have been made. 

Note: This feature is not available with the Return of Premium (TROP) variant.

Pay-Later Option

With the Pay-Later feature, you can pause your premium for up to 12 months without losing coverage or paying interest. During this 12-month break, your policy remains fully active with all benefits intact. Available for regular and limited pay plans after 3 full years of timely payments, this option keeps your policy active while giving you flexibility.

At the end of the Pay-Later period, you must pay:

  • All missed premiums during the break, and
  • The next scheduled premium
  • If these are not paid within the grace period, the policy will lapse.

 

You can use it multiple times with a 5-year gap between each use. Not allowed during the last year of your premium payment term or in the previous 5 years for some plans. You must inform Digit 30 days in advance.