Digit ICON - A Guaranteed* Returns Savings Life Insurance Plan
While some of us prioritise financial protection over savings, others might look for savings and income options, along with life cover. Some might want guaranteed* returns, while others might have a higher risk appetite and want to maximise their returns.
There has not been a one-cut fit for all product in the life insurance market.
However, if you are looking to build a corpus through safe returns, want to plan your retirement income or a secondary guaranteed* income, the guaranteed* savings life insurance plans are a safe choice.
This is besides the Insurance cover that is available under the Plan.
Table of Contents
Listen to the Audio Summary of This Article
What is Digit ICON?

What is Digit ICON?
Digit Icon is a non-linked, non-participating individual life insurance savings plan. Digit Icon is not linked to the market and thus remains unaffected by the volatility of the stock market, ensuring your investment is secure and stable.
If you're someone who's looking for a life cover along with a safe, zero-risk investment with guaranteed returns, to either diversify your existing investment portfolio, or to secure funds for a future life goal (such as buying a house, or planning for your child's higher education), then this can be a good option for you.
What is Non-Linked Non-Participating Life Insurance Savings Plan?
What is Non-Linked Non-Participating Life Insurance Savings Plan?
A non-linked non-participating life insurance savings plan, as the name denotes, is a type of life insurance where the returns are not linked to the performance of investment funds, and policyholders do not participate in the profits of the insurance company.
These plans provide fixed benefits as specified in the policy. These plans offer stability and a guaranteed* payout.
What Benefits Do I Get Under Digit ICON?
Comprehensive Life Cover
Guaranteed Returns
Immune to Market Fluctuations
2x Sum Assured on Death
In case of Accidental Death
Tax Benefits
As per Section 80 C & 10 (10D) of Income Tax Act
Different Plan Variants in Digit ICON
Income Benefit
Lumpsum Benefit
Income + Lumpsum Benefit
For people who want a regular guaranteed* income along with corpus building for future financial goals, not to forget, a life cover too. You receive a regular guaranteed* income from the year that you choose and on policy completion, you receive a lumpsum as maturity benefit, provided all due premiums are paid and the life assured survives till the end of the policy term.
You will also have the option to receive the maturity benefit either in lumpsum or in the form of a series of guaranteed* payouts after the end of the policy term under the Staggered Maturity Benefit.
Whole Life Benefit
A financial security for the rest of your life. Well, almost! You get not just the life cover but also a regular monthly or annual income till the age of 100 years during the income period, where the income period begins in specific years after the Premium Paying Term (from Premium Paying Term +1st year or Premium Paying Term+ 2nd year or Premium Paying Term+3rd year as per your choice at inception).
Besides, you will get the lumpsum Maturity Benefit which will be equal to 100% of the Total Annualised Premiums that are payable under the policy.
Under the Whole Life Benefit variant, while you will be required to pay premiums for a limited number of years only, the life cover and guaranteed income payouts will continue till age 100. You also will have an option to avail a one-time money back benefit, equal to 50% of total annualised premiums received by us, and this will be paid 20 years after the policy commencement date or attaining the age of 75 years, whichever is later, subject tothe survival of the life assured.
Benefits and Coverages of Different Digit ICON Plan Variants
Life Insurance that Gives You POORA CONTROL!

Imagine a life insurance plan that bends to your will, not the other way around! With Digit Life’s Guaranteed Savings Plan, you get POORA CONTROL over your money. Want early returns? Prefer monthly income? Or need a lump sum later? You decide!
It’s smart, flexible, and built for real life. No jargon. No surprises. Just total financial freedom, your way.
What’s Great about Digit ICON – Guaranteed* Returns Savings Life Insurance Plan?
What’s Great about Digit ICON – Guaranteed* Returns Savings Life Insurance Plan?
1. Multiple Payout Options

1. Multiple Payout Options
You can choose your plan variant as per your preference of receiving your returns. Not just that, you can accumulate your income or collect your maturity benefit as income.
Interesting right?
- Want to accumulate a corpus? Choose the lumpsum variant.
- Plan to build a second income? Choose the income variant.
- Want to save during earning years but might later decide to get the payouts as income? No problem! You can choose to get your lumpsum maturity benefit in income form by choosing the staggered maturity benefit wherein you get your payouts as regular income plus lumpsum, as chosen, after the policy tenure.
- You can opt for the staggered maturity benefit either at inception of the policy or during the last policy year, but at least 6 months before the policy maturity date.
Read More
2. Customised Premium Payment
2. Customised Premium Payment
Premium payment options suited to your preferences. Choose your premium amount, payment frequency or premium payment term as per your financial availability.
- First and foremost, choose a premium amount as per your preferences.
- You can choose limited premium, single premium or regular premium payment term. Under limited pay and regular pay, you have the option of paying your premium annually, quarterly, half yearly or monthly as per your choice.
- In case you have chosen the premium payment term of more than five years, then after the complete payment of premium for the first five years, policyholders have the option of reducing the future premiums up to 50%, subject to policy terms and conditions. In such a case, all future benefits are accordingly reduced.
3. Customer First Benefits

3. Customer First Benefits
Prioritizing customers, our product offers various additional benefits to provide an extra shield of protection to the family in case of unfortunate circumstances (refer the table in the next subhead).
- Inbuilt additional accidental death benefit provides enhanced financial protection to the family in case of accidental death. This is an additional benefit that is over and above the death benefit and will not be deducted from the death benefit.
- Policy continuance benefit on death ensures that in addition to death benefit, the family continues to receive the policy benefits even in case of death of the life assured. In this case, the future premiums which are due are not taken by the insurer.
4. Wellness Benefits

4. Wellness Benefits
15+ Wellness Benefits to motivate you for taking care of your health and maintain a healthy lifestyle through such wellness measures.
- These benefits include unlimited video doctor consultation, discounts on medicines, lab services facilitation, etc.
- A Wellness Coach to help the insured members proactively manage their health.
- Weight management, activity and fitness, dietary plans, alcohol rehabilitation and many other benefits are available on our app.
Key Features of Digit ICON – Guaranteed* Returns Savings Life Insurance Plan
Here are some of the major features of Digit ICON . Features will be applicable according to the variant chosen.
Maturity Benefit
Maturity Benefit is the total of sum assured on maturity and accrued special additions, if any.
Accrued Special Additions
These are the benefits accumulated in the policy during specific years and are payable on maturity or on Death or surrender, whichever is earlier.
Death Benefit
On the death of life assured, the death benefit as agreed is paid to the beneficiary.
Variants
Digit ICON comes in four variants - Lumpsum Benefit, Income Benefit, Income+Lumpsum Benefit and Whole Life Benefit. Based on the above variants, you can receive the payout as a lumpsum, or regular income spread over a period called ‘Income Period’ or both.
Inbuilt Additional Accidental Death Benefit
If the life assured dies in an unfortunate accident, the beneficiary receives this additional benefit equal to the sum assured on death, in addition to death benefit. This helps in taking care of the extra financial burden that an accident treatment brings along.
Income Benefit
The Income can be paid as level income where the amount remains same throughout the income period. The income here can also be paid as increasing income, where the payout increases at a predetermined rate as per the option chosen.
Staggered Maturity Benefit
You can choose to receive the maturity benefit in staggered form, i.e., a regular stream of guaranteed* income paid over a certain period and a lumpsum amount (if opted for) at the end of such staggered maturity period. It can also be paid as increasing income, where the income payout increases at a predetermined rate as per the option chosen.
Sum Assured on Maturity
You can choose to receive the maturity benefit in staggered form, i.e., a regular stream of guaranteed* income paid over a certain period and a lumpsum amount (if opted for) at the end of such staggered maturity period. It can also be paid as increasing income, where the income payout increases at a predetermined rate as per the option chosen.
Is Digit ICON for Me?
Digit ICON is for everyone who doesn’t want to compromise on their life dreams & financial goals! Here's how our this life insurance cum guaranteed return plan can work for you...

Get Retirement Ready
Start weaving your safety net for the increasing cost of living. Create a retirement fund so you don’t have to rely on anyone in your golden years.

Fund your Child's Educational Dreams
With Digit ICON you never have to say NO to any of your child’s ambitions, be it flying abroad or getting multiple degrees!

Get a Slice of Security – A Guaranteed Piece of the Financial Pie
Great for those looking to broaden their financial portfolio or those who want to invest with zero risks

Planning for Child’s Future Wedding
Be it a cozy intimate wedding or a Big Fat Indian wedding, start planning systematically, to make any and every celebration possible.

Get to Your Homeownership Dream
No more changing landlords & rental agreements. Turn the key to your dream home without the financial strain.

Drive in Style
Tired of second-hand car hiccups & taxis rejecting you? Gear up for your automotive adventure with Digit ICON helping you pave the way for stress-free purchases.
Why Choose Digit Life Insurance?
Why Choose Digit Life Insurance?
Digit Life Insurance in the Spotlight
99.53% Claim Settlement Ratio For Digit’s Life Insurance in FY'25

99.53% Claim Settlement Ratio For Digit’s Life Insurance in FY'25
When life takes an unexpected turn, every second matters. With a 99.53% Claim Settlement Ratio (CSR), Digit Life Insurance stands as a pillar of trust and reliability. This isn’t just a statistic; it’s a promise to our policyholders.
Every claim tells a story. Whether it was a salaried parent overcoming loss, a child’s future hanging in the balance, or a spouse seeking stability, we acted fast to bring peace of mind to grieving families.
That’s why we are committed to settling genuine claims swiftly, transparently, and with compassion, ensuring that your loved ones receive the support they need when it matters most.
₹2.88 Billion Worth Claims Paid in FY'25

₹2.88 Billion Worth Claims Paid in FY'25
At Digit, we don’t just talk about protecting families; we actually do it. In the last financial year, we paid ₹2.88 billion to families who lost a loved one. That’s a big jump from ₹351.52 million a few years ago, showing how much we have grown and how seriously we take our promise.
Every payout represents a family supported, a future safeguarded, and a promise fulfilled. We make sure claims are settled quickly and clearly, with zero confusion, so families don’t have to worry during tough times.
15,000+ Claims Settled in FY'25

15,000+ Claims Settled in FY'25
Solvency Ratio for Digit's Life Insurance in FY'25 is 3.85

Solvency Ratio for Digit's Life Insurance in FY'25 is 3.85
At Digit, being financially strong isn’t just a goal; it’s how we earn your trust. Our solvency ratio has grown from 2.07 to 3.85, which means we are more than ready to keep every promise we make.
This number shows we have more than enough funds to pay claims and support families, even in tough times. In fact, our ratio is nearly double the required limit, giving you extra peace of mind.
Because when you choose life insurance, you are not just buying protection; you are trusting us with your family’s future. And we take that seriously.
Disclaimer: This report offers an overview of Digit Life Insurance’s performance, highlighting the growth in premiums, solvency ratio, and claims settlement metrics (CSR, claims paid, and claims settled), based on the company’s FY’25 internal data. The information is intended for general awareness only and should not be considered financial advice. Past performance may not reflect future outcomes.
Complimentary Wellness Benefits for Digit Life Customers
Unlimited 24×7 Teleconsultations with General Physicians
Get expert medical advice anytime, anywhere.
Mental Health Consultation & Services
Speak to top specialists in Mental Health, Women’s Health, Diet & Nutrition, and more, at flat 50%!
Diagnostic Tests & Health Check-Ups
Specialist Teleconsultations
Speak to top specialists in Mental Health, Women’s Health, Diet & Nutrition, and more, at flat 50%!
Women's Health Care Programs
Pregnancy Care Programs, access to Mum Support Group, PCOS/PCOD Care Programs, Maternity Support and much more!
Physiotherapy Sessions
Stress and Pain relief covered with exclusive discounts on Physiotherapy consultation and session bookings.
Dental Consultation Offers
Avail unlimited, free dental consultations and exclusive discounts on dental treatments.
Sexual Wellness
Chronic Care Support Programs
Personalized assistance for long-term health conditions.
Benefits of a Guaranteed* Returns Savings Plan
Disclaimer - This is generic information and may not specifically represent the Product feature.
The benefits of a Guaranteed Returns Savings Plans are numerous and cater to diverse needs of investors.
Let's have a look at some of the major benefits:
Financial Protection
The primary benefit of a savings plan is to provide financial protection, ensuring that your family is financially secure even in your absence. The death benefit offered in the event of your unfortunate death safeguards your family's financial well-being.
Tax Benefit
Under these plans, you may be eligible for tax benefits on the premiums paid and on the proceeds of the policy, as per prevailing tax laws. However, these tax benefits are subject to change in tax laws. We therefore urge you to carefully analyse in consultation with your advisor the tax benefits/tax implications, if any that may arise on opting for this policy.
Corpus Building
Some of these plans provide the option of lumpsum payouts. Through systematic savings and the power of compounding you can build a substantial future corpus that can help you meet your financial goals. Thus, you can enjoy your golden years, go on a dream vacation or fund your child’s higher education without any financial worries.
Retirement Planning
The whole life variants in savings life insurance plans provide lifetime coverage, and some of them can be a source of regular, steady income. These plans have a long tenure, up to 100 years of age of the life assured. In that tenure, they provide financial coverage, some of them provide a regular income option during a certain specified period, and some also provide the option of lumpsum withdrawals.
Disciplined Savings
With a savings life insurance plan, you commit to regular premium payments. This fosters a disciplined approach to consistent savings, thus promoting responsible financial management and in turn building wealth over time.
Who Should Opt for Guaranteed* Returns Savings Life Insurance Plan?
Risk-Averse Investors

Risk-Averse Investors
Individuals Seeking Regular Income

Individuals Seeking Regular Income
Investors with Long-Term Goals

Investors with Long-Term Goals
Those Looking for Goal-Oriented Savings

Those Looking for Goal-Oriented Savings
Those saving for specific goals, such as education expenses, may opt for guaranteed* returns savings life insurance plans with lumpsum payout.
People approaching retirement can invest and later use this as a regular income source. Customised payouts on specific dates can make birthdays and anniversaries special.
Thus, these can be an effective financial planning tool for achieving targeted milestones.
Investors Looking for Tax Benefits

Investors Looking for Tax Benefits
Before availing a policy, one should carefully assess and plan their needs and evaluate how well the product aligns with their objectives.
How Digit Life Uses Smart Tech to Simplify Life Insurance?

How Digit Life Uses Smart Tech to Simplify Life Insurance?
At Digit Life, we think technology should be more than just innovative, as it should make things easier, safer, and more relatable. That’s why our dedicated tech team is always working to minimise hassles, reduce uncertainty, and ensure everything runs smoothly. Our innovative tools:
- Life User Declaration: Say goodbye to outdated methods! With our Life User Declaration video, our smart systems automatically verify your identity and ensure your declarations match your policy. This process is not only fast but also fully automated and secure, meeting all necessary regulations without any hassle.
- Face Matching: Our advanced Face Matching technology checks your identity with great accuracy. We use sophisticated computer vision models to compare your KYC image with your profile photo, as well as your live video images. This thorough and automated system makes sure it’s really you every time!
- Claim Document Classification: Our Claim Document Classification tool quickly sorts and understands the documents you send for your claim. Trained to handle various document types, this system instantly pulls out important information, helping us speed up the process of approving your claim. It’s all about getting your claims handled efficiently!
Documents Required to Buy Digit ICON Plan
The following are the essential documents required to buy Digit ICON Guaranteed Returns Savings Plan:
Identity Proof
Address Proof
Income Proof
Age Proof
Photographs
Medical Reports
How to Buy Digit ICON Guaranteed Returns Savings Plan?
The following are the steps to buy the Digit ICON Guaranteed Returns Savings Plan:

Enter Basic Information
Visit our Digit Website or App and Enter your personal details.
Choose Your Plan Variant
Based on your goals, select the preffered plan variant, adjust the policy term and premium payment term.
Submit Documents & Complete Payment
Submit all important documents like identity proof, address proof, proof of income, recent photograph and complete the KYC. Do the payment via net banking, UPI, credit/debit card, etc.
Instant Access to Your Policy
Congratulations! Your policy documents will be sent to your email and WhatsApp. You can also access it 24/7 on the Digit App.
How to Download Digit ICON Policy Document With Digit App?
Need a copy of your Digit ICON policy document? You can download it easily through the Digit App by following these simple steps:

Login Your Account
Visit our Digit website or app and Login to your Account. Enter your registered mobile number and verify with OTP.
Visit ‘My Policy’
Once logged in, navigate to My Policy section. Here, you can check the policy number, end date & start date.
Download the Policy
Done! You can save, share, print or email the policy for future reference anytime, anywhere.
How to File Digit ICON Claim?
How to File Digit ICON Claim?
The claim process is as simple as it can be.
Register a claim using any of these methods:
- Email us at lifeclaims@godigit.com
Or
- Call our helpline number: 18002962626 or 9960126126
Interesting Digit Life Stories and Milestones from FY’25
240
208
Tools to Simplify your Life!
Tools to Simplify your Life!
Other Life Insurance Options to Explore
The Digit ICON Guaranteed Returns Savings Plan is a life insurance-cum-savings product offering assured returns with life cover. It provides flexible payout options tailored to different financial goals. As a non-linked, non-participating plan, it ensures stability without market risks.
It is ideal for long-term planning and offers tax benefits under Sections 80C and 10(10D). It provides guaranteed benefits when the policy matures, making it a trustworthy option for those looking for financial security.
FAQs about Digit ICON - Guaranteed* Returns Savings Life Insurance Plan
What is Digit ICON?
What is a guaranteed savings insurance plan?
What are the key benefits of a digit guaranteed returns savings life insurance plan?
What is the meaning of non-linked, non-participating life insurance savings plan?
What happens if I delay the payment of renewal premiums for the Digit ICON guaranteed returns savings plan?
What is the minimum and maximum entry age for the Digit ICON plan?
How can I restore/revive the Digit Icon policy with full benefits if it is lapsed or in reduced paid-up status?
Are the returns guaranteed in a Digit ICON insurance plan?
What happens in case of accidental death in digit ICON?
What are the different variants available under Digit ICON for claim amount?
What happens to the Digit ICON policy if I stop paying the premiums?
In case of regular and limited premium policies, if you are unable to pay the premiums for the first two policy year for any reason, then on expiry of grace period, the policy will lapse, and no benefits will be payable for lapsed policy.
In case, you pay premiums at least for first two policy years and do not pay premiums later for any reason, the policy will continue with reduced benefits and will be in a state of reduced paid up.
Can I surrender the Digit ICON policy anytime during the policy term?
Yes, you can cancel the policy whenever you want, but after the first year. Nevertheless, the surrender value won't be reimbursed until all premiums for a full year have been paid. Once the insurance is surrendered, the surrender value is paid, and the policy is terminated.
For single premium policies, the surrender value is attained right after the commencement of the policy and hence, can be surrendered anytime after policy commences.
Can I take a loan against the Digit ICON policy?
Yes, you can take the loan under this policy subject to minimum amount of Rs. 5,000 and maximum amount not exceeding 80% of available surrender value as per the terms and conditions of policy.
The loan can be taken anytime during the policy term once the policy attains surrender value. Thus, for limited and regular pay policies, it can be taken after paying premiums for at least first two years and for single premium policies, it can be taken any time after the policy commences.
How can I cancel my Digit ICON policy?
What is the free-look period for the Digit ICON plan?
What is the policy term for Digit ICON?
Disclaimer
* Guaranteed Returns are subject to policy being in-force, all the premiums being paid as and when due, and policy terms and conditions.
1. Digit ICON is a Non- Linked Non-Participating Individual Life Insurance Savings Plan (UIN - 165N011V03)
2. Life Insurance coverage is available under this product.
3. In case of any ambiguity or disconnect between the content given above and the policy terms and conditions, the latter should prevail.
4. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
5. Tax Benefits, if applicable depend on the Tax Regime opted by the individual and the applicable tax provision. Please consult your Tax consultant before making any decision.
6. “Digit Life Insurance” trademark belongs to Go Digit Life Insurance Limited (“the Company”). “Digit” logo is registered trademark of Go Digit Infoworks Services Private Limited and is used by the Company under sub-license from Oben Ventures LLP.
7. BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS.
8. IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
9. Wellness benefit is a feature of Digit ICON. These features are provided under Wellness Benefit program. Wellness Services are extended through 3rd Party Service Providers. Cost for availing services shall be borne by the insured directly. Digit Life Insurance is not responsible in any manner for nature or quality of product/services or discounts provided by the empanelled Service Providers. You can refer to respective Service Provider’s terms and conditions including any discounts or complimentary access/service are subject to change from time to time. For more details, please read policy terms and conditions carefully before concluding sale.
10. The page may contain certain generic information which is provided on 'as is' basis from various open sources for awareness purpose only. Such information is not intended to extend any professional advice and user is requested to kindly verify the same as per its requirement before taking any decisions.