Sahara Term Insurance Plan Review
Sahara Term Insurance is a plan offered by the Sahara Life Insurance Company. Sahara Life Insurance Term Plan is designed for the group. It offers protection to your family against the unforeseen events that may hugely change your family’s lifestyle, in your absence. The Sahara Group Term Insurance means the nominee will be received the sum assured only on the death of a member during continued in the group as a member. This term insurance plan does not provide any maturity benefit. The plan stops if the Insured Live longer than the term Insurance. It is a simple and pure plan that policy benefits are given to the nominee chosen by the insured. Sahara Term Insurance Plan is for the group members of employees.
Sahara Term Insurance Plan offers the Sahara Samooh Suraksha Plan. It is a group policy. This plan is for both employer – employee. This policy provides the one term insurance coverage. It meets all the insurance requirements. The insured has a choice of sum assured. This Sahara Samooh Suraksha Plan is designed for the customers who are unable to bear individual insurance plan. This Sahara Group Term Insurance provides the adequate coverage of 7 times of your annual income.
In this Sahara Samooh Suraksha Plan, the new members entry will be mandatory within the time of renewal.
Sahara Samooh Suraksha Plan Eligibility Criteria
The customers who wanted to buy this policy should know the eligibility criteria. These details are very useful for the customers to know the maturity age, policy term, entry age, coverage term, and other details. The following table shows the brief details about the Sahara Term Insurance Plan.
Minimum Group Size | 50 members |
Minimum Entry Age. | 18 years |
Maximum Entry Age. | 64 years |
Minimum Sum Assured per member | Rs. 50,000/- |
Maximum Sum Assured per member. | Rs. 5 Lakhs. |
Maximum Maturity Age of the member | 65 years |
Minimum total monthly contribution for the group | Rs. 5000/-. |
Sahara Term Plan Policy Features
Sahara Samooh Suraksha Plan has many features. From the given features, you can able to know the policy details completely. Following are the key features that are offered by Sahara Term Insurance Plan.
- It is a policy term of yearly renewable one.
- The premium paying is yearly one’s.
- Every year, there is a chance to choose the continuation of policy.
- Maturity, Surrender, Paid up values are not covered.
- Tax benefits are applicable under the Income Tax Act 80(80C). For more information refere www.taxqueries.in.
Sahara Samooh Suraksha Insurance Plan Forms
Sahara Term Insurance Policy requires the Proposal Form while buying the Sahara Group Term Insurance Policy Offline. The customers may know the details using the product Boucher, policy wordings, etc. Required forms and documents know the full details this policy are attached below.
Sahara India Life Insurance Contact Details
For any queries call to the Sahara India Life Insurance Customer care. (Or) Visit the nearest branch of Sahara India Life Insurance.
Contact Details
The Toll-Free Number is 1800 180 9000.
The official website of Sahara India Life Insurance is www.saharalife.com.
Sahara India Life Insurance mail id is life@life.sahara.co.in.
Sahara India Life Insurance Related Posts
Here, we are providing the related posts of the Sahara Life Insurance. Click the below links, if you want to know the details about the Sahara Life Insurance Login, Sahara Term Insurance Online Payment, Sahara Term Insurance Policy Status and forms, and Sahara India Life Insurance Recruitment.