Digit Glow Term Life Insurance

Premium starting ₹301/month*

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Digit Glow Term Life Insurance

Digit Glow 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 a range of other inbuilt optional benefits to provide financial protection against accidental death, total permanent disability and terminal illness and provides a comprehensive protection solution.

Key Features of Digit Glow Term Life Insurance Plan

Life Insurance Cover for the financial security of your family
Inbuilt Optional Benefits for protection against Accidental Death, Accidental Total and Permanent Disability and Terminal Illness
Flexibility to pay a premium only once, pay for a limited period or pay regularly
Option to pay the premium as per preferred premium payment frequency (Single, Annually, Half-Yearly, Quarterly, Monthly)
Wellness Benefits to Life Assured

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	₹25,00,000
Maximum Sum Assured	₹1,00,00,000 (based on underwriting rules)
POSP Sum Assured Format	In multiples of ₹50,000 only
Minimum Premium	Starting from ₹300/month (for ₹25 lakh coverage)

Policy Term and Premium Payment Options

Digit Glow offers multiple combinations for how long you're covered and how you pay:

Parameter	Details
Policy Term	Minimum: 5 years Maximum: 40 years
Premium Payment Terms (PPT)	Single Pay: One-time payment Regular Pay: Pay throughout the policy term Limited Pay: Pay for either 5, 10, or 15 years of policy term
Payment Frequencies	Single, Annual, Half-yearly, Quarterly or Monthly

Understand the Financial Support Provided to your Loved Ones

If you pass away during the policy term, your nominee will receive the highest of the following:

10× the Annualized Premium
105% of Total Premiums Paid (excluding taxes, riders, and extra premiums)
Sum Assured on Death (as agreed at the start of the policy)

Once the death benefit is paid, the policy terminates. This payout ensures maximum financial support to your loved ones.

Optional Riders & Add-On Benefits (Non-POSP Only)

You can enhance the basic plan with the following inbuilt optional benefits, available only at policy inception:

Additional Accidental Death Benefit (ADB)

This optional benefit offers an additional lump sum payout if the life assured passes away due to an accident during the policy term. To qualify, the death must occur within 180 days of the accident. It can be added at the time of policy inception by paying an extra premium.

This rider enhances the basic death benefit by providing extra financial protection in case of accidental death. Once the benefit is paid out, the policy terminates.

Additional Accidental Total and Permanent Disability (ATPD) Benefit

If the life assured suffers total and permanent disability due to an accident, this benefit pays a lump sum amount. Once this benefit is paid, coverage for ATPD terminates, but the policy continues for the death benefit and any other in-force optional benefits for the remaining term.

Accelerated Terminal Illness Benefit

Upon diagnosis of a terminal illness during the policy term, this benefit pays the death benefit amount as a lump sum in advance. Terminal illness is defined as an incurable medical condition expected to cause death within 6 months, confirmed by two independent medical practitioners. Payment of this benefit terminates the policy, and it ends after this payout.

Accidental Death & Disability Benefit Exclusions

No benefit will be paid under ADB or ATPD if the claim arises due to any of the following:

Suicide or self-inflicted injuries
Use of drugs or alcohol
Involvement in war, rebellion, or civil unrest
Criminal activities or breaking the law
Flying in non-commercial aircraft (except as a fare-paying passenger)
Adventure or extreme sports (e.g., skydiving, bungee jumping)
Undisclosed pre-existing medical conditions
Mental health or nervous system disorders
Cosmetic, fertility, or experimental treatments
Injuries caused by radiation or nuclear exposure

These exclusions ensure that the benefits are paid only for genuine accidental cases as defined in the policy.

Suicide Clause in Glow Term Insurance

If the policyholder dies by suicide within 12 months from the start of the policy, or the revival of a lapsed policy, then the insurer will not pay the full death benefit. Instead, the nominee will receive the higher of the following two amounts:

80% of the total premiums paid (excluding taxes and rider charges), or
Unexpired risk value (a calculated value based on the remaining coverage period and policy terms).

This clause is designed to discourage misuse of life insurance policies and protect the insurer from financial risk in cases of early suicide. If the death by suicide occurs after 12 months, the death benefit is typically payable, as per the policy terms.

What Happens If You Survive the Glow Term Insurance Period?

Once the policy term concludes, the coverage ends automatically. You are no longer required to pay premiums, and the insurer has no further obligation to provide a death benefit. There is no payout or return of premiums at maturity. The premiums paid were solely to secure life coverage during the policy term, similar to other types of insurance, where no refund is provided if no claim is made.

What If I Miss Premium Payments?

To ensure flexibility in premium payments, a grace period is provided based on the chosen payment frequency:

Payment Frequency	Grace Period Allowed
Monthly	15 days
Quarterly / Half-Yearly / Yearly	30 days

If premiums aren’t paid even after the grace period, the policy lapses.

Note: If the life assured passes away during the grace period, the outstanding premium will be deducted from the death benefit before it is paid to the nominee.

Extra Benefits Through Digit Wellness Services

With your Digit Life Insurance, you also get exclusive access to a wide range of wellness perks, making taking care of yourself easier and more affordable.

Doctor-on-Call
Fitness & Nutrition Coaching
Chronic & Habit Cessation
Lab Tests & Diagnostics
Pharmacy
Health Device Integration
Reminders
Medical Report Aggregator
Home Care
Ambulance Services
Childcare Activities
Mental Health
OPD Navigation

Note: These services are not part of your insurance coverage. Usage is entirely optional and paid for by the user.

Digit Glow Term Life Insurance is built for those who seek pure protection without the complexity of investments or bonuses. With flexible premium options and clearly defined features, from wellness services to revival clauses, this plan delivers transparent, no-frills coverage. If your priority is straightforward financial security for your family, this policy is a dependable and focused choice.

A Non-Linked, Non-Participating, Individual Pure Risk Premium Life Insurance Plan - UIN: 165N005V01