Check the list of Sahara Life Endowment Plans. Sahara Life Insurance offers new Endowment Plans so that the policyholder can live tension and stress-free life. So check various Sahara Life Insurance Endowment Plans like Sahara Shrestha Nivesh Plan, Sahara Shubh Nivesh Plan and Sahara Dhan Sanchay Plan. The Life Assured has a wide range of options to choose the plan. So as per your requirements, you can select any of the Endowment Plans that satisfy your needs. In this article, we are providing the Key Features, Benefits and Eligibility of different Sahara Life Endowment Plans.
Sahara Life Endowment Plans Review
Sahara Life Insurance Company introduced many plans to the customers who want to secure their future. The various plans are Money Back, Annuity, Endowment, etc. Out of all these plans, Sahara Life Endowment Plans are helpful to you and your family economically in various situations. Every individual has a dream in their future like owning a new house, buying a car, grand vacation celebration, etc. To satisfy these dreams, the policyholder needs to plan it by saving money from starting .
Sahara Life is the best Life Insurance Company and provides financial growth to the life assured to achieve their goals and dreams. With this Sahara Life Endowment Plans, the policyholder will get a lump sum at the end of policy term. So choose the best Endowment Plan and Calculate Premium. Check Buying & claiming process of Sahara Life Endowment Plan. The company also offer excellent benefits & features. The process is clearly given in this article. The various Endowment Plans present in the Sahara Life Insurance is listed below.
- Sahara Shrestha Nivesh Plan.
- Sahara Shubh Nivesh Plan.
- The Sahara Dhan Sanchay Plan.
Sahara Life Insurance Endowment Plans Benefits
The Common Benefits for all the Sahara Life Endowment Plans are listed here.
- Maturity Benefit: On survival of the policyholder till maturity then guaranteed maturity benefit becomes payable which depends on the premium band.
- Tax Benefit: The premium paid and benefit under this policy are eligible for Income Tax Benefits as per prevailing Income Tax Law.
- Death Benefit: If the policyholder expires within the policy period, then the company will pay 125% of sum assured. Or 110% of the premium paid if the insured entry age is more than or equal to 45 years, to their nominee or family member chosen by the policyholder.
Sahara Life Shrestha Nivesh Endowment Plan
Sahara Life Shrestha Nivesh Plan is a without profit Single Premium Endowment Plan with UIN No: 127N033V01.
- This plan gives financial support to your family.
- Sahara Life Shrestha Nivesh Plan helps in unpredictable and uneven income streams.
- It is a single premium plan.
- This plan is designed to meet the real investments and production needs and helps you in maintaining your family’s financial independence.
- In the case of any emergency needs, you can versatility withdraw after completion of the first policy year.
- The policyholder can pay the premium just once for the policy term & receive a wide cover at maturity.
Eligibility Conditions for Shrestha Nivesh Plan
| Eligibility | Conditions |
| Entry Age |
|
| Sum Assured |
|
| Policy Term | 10 years |
| Premium | Single Premium |
| Maximum Maturity Age | 70 years |
| Premium Payment Mode | Single Premium |
For more details, Check the Shrestha Nivesh Plan Broucher
Sahara Life Shubh Nivesh Endowment Plan
Sahara Life Shubh Nivesh Plan is a without profit Single Premium Endowment Plan with UIN No: 127N028V01.
- It is a single premium payment plan.
- There is an advantage of life cover up to maturity by having premium pay only once.
- Sahara Life Shubh Nivesh Plan helps in unpredictable and uneven income streams.
- The life assured can pay the premium just once for the policy term & receive a wide cover at maturity.
- In the case of any emergency needs, you can versatility withdraw after completion of the first policy year.
- The only step in financial planning is investing in Wealth Creation Plan.
Eligibility Criteria for Shubh Nivesh Plan
| Eligibility | Conditions |
| Entry Age |
|
| Sum Assured |
|
| Policy Term | 10 years |
| Premium | Single Premium |
| Maximum Maturity Age | 70 years |
| Premium Mode | Single Premium |
For more details, check the Shubh Nivesh Plan Broucher
Sahara Life Dhan Sanchay Endowment Plan
The Sahara Life Dhan Sanchay Plan is a Profit Traditional Endowment Plan with UIN No: 127N029V01. This plan helps you to plan your financial goals but also realise dreams by providing you with a stable income which gets included to your benefits and life cover for the term of the plan. Sahara Life Dhan Sanchay Plan offers a perfect mix of income & financial protection for you and your family. This plan is suitable for the policyholder who want safety returns, tax benefits & guaranteed cash inflow to meet the desired financial obligation.
Eligibility Conditions for Dhan Sanchay Endowment Plan
| Eligibility | Conditions |
| Entry Age |
|
| Sum Assured |
|
| Policy Term |
|
| Premium Term | Same as Policy Term |
| Maximum Coverage Age | 70 years |
| Premium Payment Mode | Yearly, Half-yearly, Quarterly, Monthly |
For more details, check Sahara Dhan Sanchay Plan Broucher
Premium Calculation of Sahara Life Endowment Plans
The life assured can easily calculate the premium amount to be paid to the chosen policy in online without reach the branch office. The documents required to calculate the premium.
- Name of the Policyholder.
- Email Id.
- Category Name.
- Policy Number.
- Mobile Number.
- Age Proof.
- Policy Term and Sum Assured.
Sahara Life New Policy Buying Process
You can Buy the Sahara Life Endowment Plans from the Nearest Branch Office or from the Agent of the company. The Documents required for buying Sahara Life Endowment Plans are listed below.
- Age proof.
- Address proof.
- Application form/Proposal form along with the photo.
- Medical reports (if required).
Sahara Life Claim Procedure
Also, for claiming Sahara Life Buyed policies, The policyholder may visit the nearest Branch of Sahara Life. Rather than visiting the branch office it is convenient to the life assured to doing it in online mode. Before going to fill the application form, first of all, you have the following documents. As a result, you can save your time for claiming process of policy.
- NEFT Form.
- Discharge Form.
- Cancel check or Bank Passbook xerox.
- Policy bond.
- Death certificate.
Additional Information about Sahara Life Endowment Plans
Free Look Period:
If the policyholder is not satisfied with the policy terms and conditions, you may return the policy within the Free Look Period mentioned by the company.
Grace Period:
If the life assured have not paid the premium within time, the company would provide a grace period to make the policyholder pay the premium within that time.