Quick Overview
Digit Life Insurance has gained attention through its strong digital presence and high-profile investors like Virat Kohli and Anushka Sharma. While the brand’s digital-first positioning and celebrity endorsements create interest, these factors alone are not enough to decide on a long-term product like term insurance.
Let’s break down how Digit Glow Term Life Insurance works and what you should know before choosing a variant.
Quick Note: This article focuses only on the Digit Glow Term Life Insurance plan.
How Does Digit Glow Term Life Insurance Work?
Digit Glow Term Life Insurance is a non-linked, non-participating pure protection plan launched after the company received its IRDAI licence in June 2023.
While Digit has been active in general insurance since 2016, its life insurance arm is still new.
This also means there is limited long-term data on claims performance and service quality. These factors generally matter when you are evaluating a policy that may only be tested decades later.
Features of Digit Glow Term Life Insurance
The following features explain what Digit Glow Term Life Insurance includes and how it supports policyholders.
- Pays a lump sum death benefit to the nominee if the policyholder passes away during the policy term.
- Provides access to wellness services such as doctor consultations, diagnostics, pharmacy delivery, and mental health support.
- Wellness services are delivered through third-party partners and are primarily facilitative in nature.
- Most wellness services may involve additional charges, making them value-added features rather than core insurance benefits.
Optional Riders Available Under Digit Glow Term Life Insurance
Accidental Death Benefit
Accidental Total and Permanent Disability Benefit
Accelerated Terminal Illness Benefit
Discounts
Before exploring the plan variants, here are the key eligibility requirements and structural features of Digit Glow Term Life Insurance:
Eligibility Criteria for Digit Glow Term Life Insurance
Wellness Benefit Program Under Digit Glow Term Life Insurance
Digit offers access to a set of 17 wellness and support services through empanelled third-party service providers, subject to availability in your location. In most cases, Digit acts only as a facilitator.
The actual service is delivered by the partner, and the cost is usually paid directly by you to the service provider.
The services available include:
- Wellness Coaching
- Vitals and Activity Monitoring
- Medication and Appointment Reminders
- Medical Wallet
- Health Report Aggregation
- Home Care Services (beyond physiotherapy)
- Ambulance Coordination
- Consultation, Pickup, and Drop
- Priority Appointment Assistance
- Childcare and Children’s Activities
- OPD Support Services (generic)
- Fitness and Lifestyle Services (memberships/classes)
The image below provides a service-wise snapshot of what is included and how the benefits are structured.
Several useful features that many established insurers now include in their term plans are currently absent in Digit Glow:
Key Features Missing Under Digit Glow Term Life Insurance
No Auto-Cover Continuation
Other insurers may allow coverage to continue for a year by deferring the premiums to next year, but Digit does not offer this flexibility.
Terminal Illness Benefit is Not Built-in
Instead of being included by default, it must be added as a separate paid benefit, though the cost is nominal.
No Zero-Cost Exit Option
Some competitors allow policyholders to exit after a certain number of years and receive their premiums back, but Digit does not offer this feature.
No Critical Illness or Waiver of Premium Riders
These riders are important for income protection and long-term financial security, but they are not available under Digit Glow.
Premium Comparison: Digit Glow vs Other Insurers
Note: Digit Glow tends to be slightly more expensive across typical profiles, even though established insurers generally offer more features and have proven long-term claim performance.
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Ditto’s Take on Digit Glow Term Life Insurance
Digit Glow Term Life Insurance may suit buyers who prefer a digital-first insurer and want a simple protection plan with wellness add-ons.
However, those seeking long-term stability, better rider options, and higher coverage limits may find better alternatives among established insurers, especially since the sum assured is capped at ₹1 crore.
Digit Life’s individual business is still developing, with most of its ₹1,000 crore+ annual premiums coming from group insurance, compared to over ₹10,000 crore collected by leading insurers from individual plans.
As a result, there is currently no publicly available data on claim settlement ratio (CSR), amount settlement ratio (ASR), or complaint volumes, making long-term assessment difficult.
Given the higher premiums and limited claims history, Digit Glow may not be the most compelling choice for long-duration life cover at this stage.
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