LIC alternatives: 2 apps ranked by verified data

Facts checked Nov 8, 2026AppBreakup editorialHow we rank All insurance apps

Top picks

Best overall
ACKO
Starting price: ₹45 per travel day (travel insurance)

Common reasons people leave LIC: traditional endowment plans often return less than term cover plus investing, and online term plans can cost more than private insurers'. We ranked 2 alternatives by how directly each one replaces LIC, then by reviews, real visits and how recently each app's facts were checked against its own website. ACKO currently ranks first.

Quick comparison

#	App	Pricing	Verified price	Open source	Platforms	Verified facts	Score
1	ACKO	Paid	₹45 per travel day (travel insurance)	No	Web, Android, iOS	9 of 9	64.8
2	Digit Insurance	Paid	—	No	Web, Android, iOS	5 of 5	59.6

1. ACKOTop pick
Best for: People in India who want to buy and claim car, bike or health insurance entirely online
PaidWeb, Android, iOS
64.8
score / 100
Why switch from LIC
App-first insurer with term life plans bought and managed fully online, without agents.
Pros
Car, bike, health, life and travel cover in one app
Fast online quotes and claim tracking with no agent
Free vehicle tools such as challan checks and FASTag alerts
Cons
No branch or agent network for in-person help
Only its own policies, so no side-by-side comparison with other insurers
Available in India only
Visit ACKO Details and reviews
How this score is calculated
Editorial fit ×0.387
Reviews ×0.363
Clicks (90 days) ×0.150
Freshness ×0.15100
Votes ×0.150
0 counted reviews, 0 up and 0 down votes. Full formula
Is ACKO a good LIC alternative?
Verified facts
9 of 9 verified
Founded
2016
Checked Nov 8, 2026acko.com(opens source in a new tab)
Products
Car, bike, health, life and travel insurance
Checked Nov 8, 2026acko.com(opens source in a new tab)
Cashless hospitals
13,200
Checked Nov 8, 2026acko.com(opens source in a new tab)
Claims
94.3% settled within a week
Checked Nov 8, 2026acko.com(opens source in a new tab)
Starting price
₹45 per travel day (travel insurance)
Checked Nov 8, 2026acko.com(opens source in a new tab)
Car insurance
From ₹2,094
Checked Nov 8, 2026acko.com(opens source in a new tab)
Bike insurance
From ₹457
Checked Nov 8, 2026acko.com(opens source in a new tab)
Health insurance
From ₹657 a month
Checked Nov 8, 2026acko.com(opens source in a new tab)
Free-look period
15 days (travel insurance)
Checked Nov 8, 2026acko.com(opens source in a new tab)
2. Digit Insurance
Best for: Indian drivers and families who want to buy and claim car, bike or health insurance online
PaidWeb, Android, iOS
59.6
score / 100
Why switch from LIC
Private insurer with digital-first life and general insurance, sold and serviced online.
Pros
Smartphone self-inspection for motor claims in the app
Wide range: motor, health, travel, home and business cover
Publishes transparency reports with claim data
Pay-as-you-drive add-on for people who drive little
Cons
Covers India only
Life insurance sits with a separate group company
Premiums climb quickly once several add-ons are chosen
Visit Digit Insurance Details and reviews
How this score is calculated
Editorial fit ×0.377
Reviews ×0.363
Clicks (90 days) ×0.150
Freshness ×0.1585
Votes ×0.150
0 counted reviews, 0 up and 0 down votes. Full formula
Is Digit Insurance a good LIC alternative?
Verified facts
5 of 5 verified
Health claim settlement ratio
98%
Checked Nov 3, 2026godigit.com(opens source in a new tab)
Listed
NSE and BSE
Checked Nov 3, 2026godigit.com(opens source in a new tab)
IRDAI registration
No. 158
Checked Nov 3, 2026godigit.com(opens source in a new tab)
Cashless garages
10,000+
Checked Nov 3, 2026godigit.com(opens source in a new tab)
Claims
App self-inspection
Checked Nov 3, 2026godigit.com(opens source in a new tab)

The best LIC alternative for…

The highest-ranked app in this list for each need.

Best LIC alternative for most people

ACKO

App-first insurer with term life plans bought and managed fully online, without agents.

Best LIC alternative for iPhone and Android

Digit Insurance

Private insurer with digital-first life and general insurance, sold and serviced online.

Best LIC alternative for working in the browser

ACKO

App-first insurer with term life plans bought and managed fully online, without agents.

LIC alternatives: common questions

What is the best alternative to LIC?

ACKO ranks first right now. App-first insurer with term life plans bought and managed fully online, without agents.

LIC vs ACKO: what's the difference?

Both LIC and ACKO are paid products. Both run on iOS, Android and Web.

Is LIC free?

LIC is a paid product.

Is there a free alternative to LIC?

None of the 2 alternatives we track has a free plan; all are paid, though some offer trials.

Is there an open-source alternative to LIC?

None of the 2 alternatives in this list is open source.

Why do people switch from LIC?

The complaints we hear most: traditional endowment plans often return less than term cover plus investing; online term plans can cost more than private insurers'; much servicing still goes through agents and branches.

How is this list ranked?

Every app is scored with the same published formula: how directly it replaces LIC, reviews (weighted by verification), visits from AppBreakup, how recently its facts were checked against its own website, and reader votes.