How does my nominee claim the death benefit?

The nominee needs to submit a death certificate, policy documents, and any required forms to the insurer. After verification, the payout is processed.

How much coverage should I get?

A good rule of thumb is to have coverage that is 10-15 times your annual income, but the exact amount depends on factors like debts, living expenses, and future financial goals.

Can I increase my coverage later?

Some insurers allow policyholders to enhance coverage at key life stages (marriage, childbirth) through step-up options. Otherwise, a new policy may be needed.

Health Insurance

Term Insurance

Blogs

Claims

Tools

Partner with us

Health Insurance
- Explore Insurers
- Explore Insurance Plans
- Explore Insurance Types
Term Insurance
- Explore Insurers
Blogs
Claims
- Claim Stories
- Explore Insurers
Tools
- Explore Calculators

Partner with us

OneAssure

Term Insurance

Go Digit Micro Term Insurance

Compare Go Digit Micro Term Insurance benefits, exclusions, ratings and related variants in one place.

2.07

Solvency

98

ICR

N/A

Growth

1,331.91

AUM

Get your term insurance quote

Gender

Date of Birth

Coverage amount

Annual income

Education level

Your occupation

Current Location

Smoker / Non Smoker

Yes

Get your term insurance quote

Gender

Date of Birth

Coverage amount

Annual income

Education level

Your occupation

Current Location

Smoker / Non Smoker

Yes

2.07

Solvency

98

ICR

N/A

Growth

1,331.91

AUM

About

About Go Digit Micro Term Insurance

The Digit Life Group Micro Term Insurance is an affordable and straightforward life insurance plan designed for groups, ensuring financial protection for members and their families. It offers a lump sum payout to the nominee in case of the insured member’s demise, helping ease financial burdens. This plan is ideal for microfinance groups, self-help groups, and low-income segments, providing essential life cover at affordable premiums. With flexible policy terms and seamless enrollment, it ensures comprehensive protection with minimal documentation and hassle-free claims.

About Company

About Digit Life Insurance Co. Ltd

Go Digit General Insurance Limited, founded in 2016 and headquartered in Bengaluru, is a leading digital-first insurer offering motor, health, travel, property, and business insurance. The company simplifies insurance through technology-driven solutions, enabling quick policy issuance and claim processing. With 74 active products and a vast network of 61,972 partners, including 58,532 POSPs, Go Digit operates across 24 Indian states. Financially, the company has shown strong growth, with a 614.94% increase in operating profit and a 121.49% rise in net profit in FY 2023-24. It has also integrated 473 active bots to enhance operational efficiency. Led by CEO Jasleen Kohli, Go Digit continues to expand its digital insurance footprint. While known for its seamless processes, some customers report claim settlement delays. Despite this, its customer-centric...

Testimonials

Digit Life Insurance Co. Ltd Customer Testimonials

Customer feedback and experiences.

Have been associated with Ruchir and his team… They have provided me excellent guidance in choosing the right plans for myself and my family……always been available to assist with any insurance/claim queries.

Nakul N

I want to sincerely thank Sunad for being there for me throughout the entire claim process. He helped me through so many ups and downs, always patient and ready to support when things got tough. I honestly don’t know how I would have managed without his guidance and encouragement. Sunad made a difficult situation feel a lot less stressful, and I’m truly grateful for his kindness and steadfast help.

Prashant Pandey

Had a great experience with them during a difficult time. After my mother’s accident, we had to pay the hospital bill upfront, as cashless wasn’t available. They guided us through the reimbursement process, helped file the claim, and consistently followed up with the insurer until it was settled. Their support with the post-hospitalization claim was equally prompt and thorough.

Jatin Gala

My heartfelt thanks to the OneAssure team for making my insurance claim process effortless. Right from the very first interaction, they demonstrated professionalism, clear communication, and an impressive command of the procedures involved. Their swift updates, timely guidance, and persistent follow-through removed all the stress from what could have been a complicated experience.

Anju Renjith

I am truly grateful for the support and guidance I received in settling my insurance claim. The entire process was handled with great professionalism, clarity, and efficiency. Their prompt response, deep knowledge of the procedures, and consistent follow-ups ensured a smooth and hassle-free experience.Thank you once again for your invaluable help, highly recommended!

Yogesh Meena

I recently had the pleasure of purchasing health insurance for my parents through this company, and my experience has been exceptional...The team was incredibly patient and took the time to explain every detail to me. No matter how many times I asked questions, they were always calm and thorough in their explanations. Their professionalism and dedication made a significant difference in helping me make an informed decision.

Akash Kumar

OneAssure helped me understand my needs and choose a product that was right for me. There was no pressure tactics or mis-selling. This experience was respectful, informed, and completely stress-free.

Shreya Goyal

Had a great experience with OneAssure during my insurance claim process. A special shoutout to Sunad Raj for his exceptional support, he was professional, responsive, and guided me every step of the way. Thanks to his consistent follow-ups and clear guidance, the entire claim settlement was smooth and hassle-free. Highly recommend OneAssure for their service and transparency!

Sanjay Dakalia

The team is very professional and prompt. I would have all my health and life insurance needs met through them.

Harish Jindal

Very professional service from Ruchir & Aman. They were recommended by a friend who had a positive experience with them. I have taken both health and life policies through them and they have advised me well throughout the process and found the best options available in the market. I had a medical condition due to which it was difficult to find a suitable health policy in the market, however this team was able to find one for me. I would recommend their services to anyone looking to buy health or life insurance.

Siddhartha Saha

Wonderful experience with Prost. Right from suggesting the insurance products to claim process the entire experience hai been seamless. They do not mis-sell and are very transparent. Sundar Raj from the team has been wonderful and ensured prompt guidance. All the best Ruchir and keep up the good work!

Adarsh Ravindranathan

swipe

Inclusions and Exclusions

Inclusions and Exclusions of Digit Life Insurance Co. Ltd

Terminal illness benefits

The Digit Life Group Micro Term Insurance may include a Terminal Illness benefit, offering an early payout if a member is diagnosed with an incurable condition with a limited life expectancy.

Premium Payment Customizations

The Digit Life Group Micro Term Insurance plan offers premium payment customization with options for Regular Pay (throughout the policy term) or Limited Pay (for a fixed duration). Premiums can be paid in yearly, half-yearly, or monthly installments, allowing flexibility based on the policyholder’s financial preferences.

Optional accidental death payout for employers

Digit Life Group Micro Term offers an optional Accidental Death Benefit rider for an extra payout upon accidental death.

Critical illness benefits

Accelerated CI Benefit – Lump sum paid on diagnosis, reducing the death benefit.
Additional CI Benefit – Separate lump sum paid without affecting the death benefit.
Policyholders can choose from three variants covering different numbers of critical illnesses:
Variant 1: Covers 14 critical illnesses.
Variant 2: Covers 20 critical illnesses.
Variant 3: Covers 34 critical illnesses.

Accelerated terminal illness benefits

Digit Insurance’s Accelerated Terminal Illness Benefit pays the death benefit early if diagnosed with a terminal illness, reducing coverage accordingly.

Terminal illness benefits

The Digit Life Group Micro Term Insurance may include a Terminal Illness benefit, offering an early payout if a member is diagnosed with an incurable condition with a limited life expectancy.

Premium Payment Customizations

The Digit Life Group Micro Term Insurance plan offers premium payment customization with options for Regular Pay (throughout the policy term) or Limited Pay (for a fixed duration). Premiums can be paid in yearly, half-yearly, or monthly installments, allowing flexibility based on the policyholder’s financial preferences.

Optional accidental death payout for employers

Digit Life Group Micro Term offers an optional Accidental Death Benefit rider for an extra payout upon accidental death.

Pageof 2

Exclusions

Death due to suicide within the first 12 months of policy issuance or revival.
Death or disability caused by participation in hazardous activities or extreme sports.
Injuries or death resulting from war, terrorism, or civil unrest.
Pre-existing medical conditions not disclosed at the time of policy issuance.
Death or disability due to substance abuse, alcohol, or drug overdose.
Injuries or death caused by involvement in criminal activities or illegal acts.
Claims arising from self-inflicted injuries or intentional harm.

Claim Process

Claim Settlement Process

Steps and flow followed by the insurer.

Term Cover Calculator

Insurance Premium Calculator

Our insurance experts are here to help you make the right choice with personalized recommendations.

Term Cover Calculator

Age

Cover Till

Monthly Expenses

Current Annual Income

Current Savings

Outstanding Loans

How to Buy

Purchase flow from OneAssure.

Things to Remember

Keep KYC documents and nominee details ready before purchase.

Renewal

Renewal steps and key points.

FAQs

Frequently Asked Questions

Got questions about health insurance? You’re not alone. Here are some of the most commonly asked questions to help you understand plans, coverage, claims, and benefits better.