LIC’s Yuva Term is a Non-Par, Non-Linked, Life, Individual, Pure Risk Plan,
which provides financial protection to the insured’s family in case of his/her
unfortunate death during the policy term.
This is a non-par product under which benefits payable on death are
guaranteed and fixed irrespective of actual experience. Hence the
policy is not entitled to any discretionary benefits like bonus etc. or share in
Surplus.