Sahara India Life Insurance Company Limited

The company focuses on traditional life insurance products like endowment, money-back, pension, group insurance, and microinsurance plans. It focuses on long-term savings and protection instead of aggressive market-linked products.

Why Buy Sahara Life Insurance?

Sahara Life Insurance offers a lot of different life insurance plans to help you and your family reach your financial goals and keep your future safe. There are a few reasons why people think about Sahara Life Insurance:

• Pay attention to life insurance plans that focus on savings and give you your money back.

• Products that help you stay financially disciplined over the long term

• Offers for pensions and retirement

• Microinsurance plans are available for people with low incomes.

• Group insurance plans for groups and businesses

• Life insurance company owned by Indians and regulated by IRDAI

Sahara Life Insurance Plans

Sahara Life Insurance offers a limited but focused range of life insurance plans. Most plans fall under traditional categories rather than online-first or app-driven products.

Term Insurance Plans

Sahara Social Security Plan

• It is a non-participating without profit plan as such the policy will not participate in the profits of Sahara Life.

• A term plan is intended to provide insurance coverage to the economically weaker section of society.

• Focused to all groups belonging to unorganized/informal sectors including economically weak or backward classes with at least 50 members are eligible to participate in this scheme

• Affordable premium amount with comprehensive coverage.

Unit Linked Plans

Sahara Sanchit – Jeevan Bima Plan

• A unit-linked insurance plan with complete protection from volatile equity market and insurance coverage under one umbrella.

• A single premium-based plan offering enhanced value of savings over a period of time.

• Multiple investment options as per risk appetite of customer.

• Comprehensive insurance coverage against any ill-fated incident..

Sahara Utkarsh- Jeevan Bima Plan

• A unit-linked insurance plan dedicated for exclusive customer with higher risk appetite and enhanced sum assured amount.

• Available in two premium payment variables as single premium and regular premium.

• Offered to customers between age group of 12 years to 55 years.

• Policy term is between 8 years to 20 years and the payment term is as per policy term except for single premium payment plans.

Sahara Sugam Jeevan Bima Plan

• A unit-linked plan being offered is a unique blend of risk coverage and market-linked returns.

• Simple documentation and hassle-free enrollment procedure.

• Flexibility to choose an investment plan as per risk appetite and financial objective.

• Minimum issuance age is 10 Years to maximum 55 years and the policy term is 10,15 or 20 years.

Money Back Plans

Sahara Pay Back – Jeevan Bima Plan

• A traditional limited premium money-back participating endowment plan proposed for those who seek guaranteed inflow to meet the desired financial obligations

• Double benefit of financial protection and earning at time bound periods.

• Offers financial assistance as lump sum payment at particular intervals and thus fulfill financial commitments in future.

• 3% saving available for yearly prepayment payment and 1.5% on half yearly premium payment option .

Sahara Dhanvriddhi Jeevan Bima

• A Single Premium Money Back Endowment Assurance without Profits Plan.

Return of premium at maturity, pooled with guaranteed additions depending upon term and sum assured chosen.

• Regular flow of earnings from returns at specific intervals.

• Policy Term is fixed as 9 years/ 12 years/ 15 years, subject to a maximum age at maturity of 70 years.

Sahara Dhanversha-Jeevan Bima Plan

• A traditional limited premium money-back non-participating endowment plan.

• Suited for those who have planned future financial obligations such as child’s higher education or marriage.

• Complete protection against any financial adversity arising due to ill-fated event of the insurer

• Savings on premium @ 3% and 1.5 % for yearly and half-yearly modes of premium payment plans.

Endowment Plans

Sahara Shrestha Nivesh-Jeevan Bima plan

• A single-premium, no-profit endowment plan.

• Specially designed for individuals with irregular income flow such as income from real estate etc.

• Minimum Entry Age is 9 years to a maximum of 60 Years.

• The plan term is 5 Years to 10 Years, subject to maturity age under this plan.

Sahara Shubh Nivesh-Jeevan Bima plan

• A single premium without profit endowment plan combined with the benefit of life cover up to maturity.

• 'An insurance plan for those who have higher investment appetite and plan well ahead for their time-bound financial liabilities.

• Comprehensive life cover against a time single premium payment.

• Minimum Entry Age is 9 years to a maximum of 60 Years.

Sahara Dhan Sanchay Jeevan Bima Plan

• A traditional participating endowment plan with the double benefit of wealth creation and insurance protection.

• Multiple benefits of safe investment, tax benefits, insurance benefits undera single plan

• Minimum issuance age is 14 years.

• Minimum Sum Assured Rs 50000/- and thereafter in multiples of Rs 5000.

• Guaranteed return of the sum assured as 10 times of annualized premium for age at entry less than 45 years and 7 times of annualized premium for age at entry more than or equal to 45 years.

Group Insurance Plans

Sahara Samooh Suraksha

• A term insurance cover plan for Establishments/Groups, at a nominal premium amount.

• Advantage of market appreciation on the savings portion of premium paid under this plan.

• Available for groups where at least 75% of existing employees/members with minimum 25 eligible members are willing to join the plan.

• Participation of all new eligible members in the group is compulsory on the next renewal date

Sahara Accidental Death Benefit Rider

• A Non-Linked Accidental Death Benefit rider group plan with a dual option to choose as either single premium or Regular Premium.

• For regular premium payment, the plan term should be less than or equal to the policy term.

• Minimum entry age is 18 Years and maximum age at entry is 60 years, and the maximum maturity age is 65 years

• Minimum Sum Assured is Rs 50,000, whereas maximum sum assured is as per the plan sum assured or Rs 20,00,000 including cover under all previous policies with the Company, whichever is lower.

Sahara Surakshit Pariwar – Jeevan Bima Plan

• A non-linked, non-par micro endowment life insurance plan with the objective of reaching socially weaker sections of society

• The twin benefit of providing life cover and building your savings.

• Affordable monthly premium of Rs 500 or Rs 250 for 5 years or 10 years, respectively

• Reasonable return at the end of the maturity of the plan.

• Minimum entry age is 18 years to a maximum 50 years.

What Are the Sahara Life Insurance Riders?

Riders are add-on benefits that enhance the protection of a base life insurance policy. Sahara Life offers several riders, depending on the policy type and availability.

How Much Life Insurance Cover Do I Need?

The amount of life insurance you need depends on your income, liabilities, and family responsibilities. A commonly used method is the Human Life Value (HLV) approach. Most financial planners suggest life cover of 15–20 times your annual income. Example:
If your annual income is ₹10 lakh, a life cover between ₹1.5 crore and ₹2 crore may be considered appropriate to support your family’s long-term needs.

Choosing the right sum assured ensures that your dependents can manage:

• Daily household expenses

• Children’s education costs

• Outstanding loans

• Long-term financial stability

Choosing the Sahara Life Insurance Plan with the Right Sum Assured

Sahara Life Insurance has plans that are made to help you save money and protect yourself over the long term. Choosing the right amount of coverage helps make sure that your family will be financially safe even if you're not there. A good cover amount can:

• Keep dependents from having to worry about money

• Keep savings from running out

• Pay off debts without selling off assets

Benefits of Sahara Life Insurance

• Financial Protection for Your Family
  Sahara Life Insurance makes sure that your loved ones will be financially secure when you are not around. Sahara Life Insurance policy will help you to give a safety net to your family's financial future

• Tax Benefits
  With a Sahara Life Insurance Policy, one can take tax benefits under Sections 80C and 10(10D) of the Income Tax Act. The premiums you pay for your life insurance policy will give you tax deductions up to Rs. 1,50,000 per year. Also, the maturity or death benefits are also tax-free, that will help you save money for your future.

• Options to make Flexible Premium Payments
  With Sahara Life, you can choose how often you want to pay your premiums. You can choose from monthly, quarterly, half-yearly, or annually premium payment options. This flexibility makes it easier to stay on track with your financial planning without putting unnecessary pressure on your budget.

• Coverage for Diverse Income Group
  With microinsurance and group insurance options, Sahara Life caters to a broad section of society.

How to Buy Sahara Life Insurance Plans?

Sahara Life Insurance policies are mostly sold through offline and assisted channels, not through instant online purchase platforms. You can get a Sahara Life Insurance plan by:

• Sahara Life Insurance agents

• Sahara Life branch offices close by

• Group or institutional tie-ups for eligible members

Sahara Life doesn't have as many online buying tools. Usually, the process of buying something includes submitting documents in person, making a proposal, and issuing a policy by hand.

How to Contact Sahara Life Insurance Customer Care?

For queries or service requests, policyholders can contact Sahara Life Insurance through:

Corporate Office

Sahara India Centre

2, Kapoorthala Complex

Lucknow – 226024

Toll-Free Number: 1800-180-9000

Telephone: 0522-2337777

Fax: 0522-2332683

Website: www.saharalife.com

Email: sahara.life@sahara.in

Registered Office

Sahara India Centre

2, Kapoorthala Complex

Lucknow – 226024

Telephone: 0522-2337777

Fax: 0522-2332683

Email: sahara.life@sahara.in

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