In today's fast-paced and dynamic economic landscape, financial institutions and organizations are constantly seeking innovative ways to mitigate the risks associated with credit transactions.  

Digit Life Group Long Term Plan is one such product that offers a robust solution to safeguard the financial stability of groups and organizations. 

Digit Life Group Long Term Plan is a non-linked, non-participating, group pure risk premium life insurance plan that provides life insurance cover to insured members.

In case of unfortunate events that affect the paying capability of the borrower, this plan financially protects their families with death benefit. This coverage is paid either as lumpsum benefit or in form of regular payouts or provides combination of both as per the chosen option.  

A Protection Plan that offers a range of inbuilt optional benefits like financial protection against accidental death and disability, critical Illness, multi-stage cancer conditions, terminal illness etc., to create a customised and comprehensive protection solution.

Digit Life Long Term Plan can be offered to Lender Borrower schemes as Group Credit Protection. However, it is also available for non-lender borrower groups.

1. Hyper Customisable 

• Get Inbuilt Optional Benefits like Accidental Death Benefit, Terminal Illness Benefit, Critical Illness Benefit, Multistage Cancer Cover and more. 
• Provides different options for Death Benefit Payout: Lumpsum, Regular Income or a combination of both.
• Customise coverage as per your preference and a premium that suits your customers.
• Choose from Single or Joint Life Cover Option
• Option of Level, Decreasing or Flexi Coverage type. 

2. Tech Enabled, Smooth Processes 

• Completely Digital and Paperless processes.  
• Direct API Integration with your organisation for faster processes. 
• Relaxed Health Underwriting through video MER (Medical Examination Report) for large loan amounts. This minimises the hassle of medical tests.  

3. Aligned with Your Business 

• In case of favourable claims or long-term contracts, a part of the premium is refunded to the master policyholder, fostering a sense of partnership and profit sharing.  
• Flexibility to choose your premium payment frequency, whether it's annual, half-yearly, quarterly, or monthly, enabling you to manage your cash flow efficiently. 
• If TROP option is chosen, there is a Return of Premium to the insured when there is no claim, thus strengthening your relationship with your customers. 

4. Wellness Benefits

• 15+ Wellness Benefits to the insured members to incentivize them for taking care of their health and maintaining healthy lifestyle through such wellness measures. 
• These benefits include unlimited video doctor consultation, discounts on medicines, lab services facilitation, etc.
• Wellness Benefits also include Wellness Coach to help the insured members in proactively managing their health. This includes weight management, activity and fitness, dietary plans, alcohol rehabilitation.

By offering comprehensive coverage and hyper customisable plans, Digit Life Group Long Term Plan ensures financial security, enhances customer confidence, and strengthens risk management practices.

Product Disclaimer

* 1. The applicability of the wellness benefit program and its features may be amended from time to time as per the prevailing underwriting policy of Go Digit Life Insurance Limited. The list of benefits under this program and terms and conditions applicable to it are provided in Annexure I in the Product Brochure.

2. Wellness benefit is a feature of Digit Life Group Micro Term Insurance. These features are provided under the Wellness benefit program. Wellness services are extended through 3rd party Service Providers. The cost of 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 empaneled Service Providers. You can refer to the respective Service Provider’s terms and Conditions before availing any services. The offerings of the Service Providers, 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 the sale.