Launched in 2004, Sahara Insurance is one of the notable life insurance company in India. Sahara Life Insurance Company Limited is India’s first wholly owned private life insurance company. Sahara Insurance was launched with an initial paid-up capital of 157 crores. The company offers comprehensive term insurance plans for long term savings and life insurance.
Sahara Life term plans provide good insurance services and good investment options such as ULIP plans, money back plans, endowment plans, term insurance and group insurance plans. The company has a healthy claim settlement ratio of 90.19%. Sahara Life has the credibility of Sahara Group to make it a trusted name in the insurance market. It is one of the fastest growing companies among the top insurance companies in India.
Let’s know about life insurance plan
Sahara Sanchit – Life Insurance
| Factors | Plan details |
| Minimum Marks Age | 18 Years (Nearest Birthday) |
| Maximum Marks Age | Age 65 Years (Nearest Birthday) |
| Policy Term | 5 years to 10 years |
| Premium Pay Term | Single Premium Plan |
| Maximum age at maturity | 75 years (nearest birthday) |
| Minimum premium | Rs.30,000 Top up not allowed |
| No limit subject to maximum | premium underwriting |
| Sum assured | Age at entry (nearest birthday) Sum Assured. Up to 45 years – 125% of the single premium. 46 years and above – 110% of single premium |
2. Sahara Utkarsh- Life Insurance
| Factors | Plan details |
| Minimum Marks Age | 12 Years (Nearest Birthday) |
| Maximum Marks Age | 55 Years (Nearest Birthday) |
| Policy Term | 8-20 Years |
| Premium Paying Term | Same as policy term except in single premium plans |
| Maximum age at maturity | 70 years (nearest birthday) |
