Sahara Life Money Plans

1. The minimum age at which an individual can apply for a Jeevan Bima plan from Sahara India Life Insurance Company Limited is 16 years.
2. The maximum age to apply for a Jeevan Bima policy is 50 years.
3. The minimum sum assured under this policy is Rs.75,000 and additional funds can be deposited in multiples of Rs.5000.
4. The maximum sum assured under this policy is Rs.1 crore, subject to underwriting by the company.
5. The policy term is fixed, but customers have a choice between three options - 12 years, 16 years, and 20 years.
6. The premium paying term for Jeevan Bima is five years in case the policy term is 12 years, five years or 10 years in case the policy term is 16 years, and five years or 10 years or 15 years in case the policy term is 20 years.
7. The maximum coverage age for this plan is 70 years.
8. The premium payment mode can be monthly, quarterly, semi-annual, and annual.

Sahara Dhanvriddhi Jeevan Bima

The Dhanvriddhi Jeevan Bima policy from Sahara India Life Insurance Company Limited is a single premium money back endowment assurance plan that comes with an extra benefit of live protection until the maturity of the policy. The plan also guarantees returns at a predetermined percentages of the sum assured at specified period of time. The premium payments made towards the policy will also be returned to the customers when the policy matures along with guaranteed additions based on the sum assured and policy term.

Features and Benefits of Sahara Dhanvriddhi Jeevan Bima

1. The aim of the plan is to offer life protection while offering regular payments.
2. The minimum age at which an individual can apply for this plan is nine years.
3. The maximum age to apply for this policy is set at 60 years.
4. The minimum sum assured is Rs.50,000.
5. The maximum sum assured is Rs.1 crore, subject to underwriting from the company.
6. There are three options for the policy term - nine years, 12 years and 15 years. The only conditions that applies to the policy term is that the individual must not be over 70 years of age at the time of maturity of the plan.
7. The maximum age of the individual at the time of maturity of the policy 70 years.

Sahara Dhanversha Jeevan Bima

The Dhanversha Jeevan Bima plan from Sahara India Life Insurance Company Limited is a traditional limited premium non-participating money back endowment policy that aids individuals in effective financial planning for the future. In addition, the plan also guarantees money back at predetermined intervals of time, making it the perfect solution for those who wish to avail tax benefits, guaranteed returns, financial cover as well as cash inflow on a periodic basis.

Features and Benefits of Sahara Dhanversha Jeevan Bima

1. The minimum age at which an individual can apply for this policy is 15 years.
2. The maximum age for applying for this plan is 55 years.
3. The minimum sum assured for this policy is Rs.75,000, and deposits thereafter can be made in multiples of Rs.5000.
4. There is a choice for the policy term - 15 years and 20 years. The only condition for selection of policy term is that the individual cannot be above 70 years at the time of the maturity of the plan.
5. The premium paying term for this plan can be 10 years or 15 years depending upon the preference of the individual.
6. The premium payment modes are monthly, quarterly, semi-annual and annual.

GST of 18% is applicable on life insurance effective from the 1st of July, 2017