Sahara Life Child Plan – India’s Sahara India Life Insurance Company Limited was founded in 2004 and has its main office in Lucknow, Uttar Pradesh. Sahara India Life Insurance Co. Ltd. is the first Indian-owned private life insurance company to enter the Indian market without a foreign partnership. On February 6, 2004, Insurance Sahara India Life Company was granted a license by the Insurance Regulatory and Development Authority.
India’s second-largest employer was Group Of Sahara. Shri Subrata Roy Sahara, who is also Chairman of Sahara India Pariwar, serves as the company’s chairman. The company’s paid-up capital at launch was 157 crores. To meet the insurance needs of people of all ages, Sahara India Life Insurance Company offers a wide range of individual and group insurance products.
Sahara Life Child Plan 2024
Your future and that of your family can be protected with insurance. In times of need and distress, it comes in handy. However, we must make an informed decision when purchasing an insurance policy in order to maximize its value. Policybazaar provides an impartial and user-friendly platform from which you can select a policy from 52 insurers that meets your requirements to ensure that you make the best decision. You can learn about the advantages and specifics of Sahara Life Child Plans from customer reviews, which will assist you in selecting the option that is most suitable for your requirements.
Today, there is a greater need for responsible and sustainable child-rearing practices. That’s why the Sahara Life Child Plan 2024 has been created. This plan offers parents everything they need to raise children in a way that is healthy, happy, and successful. From pre-natal care to post-graduate education, the Child Plan has it all. Whether you’re a first-time parent or an experienced one, the Child Plan has something for you. So why wait? Let’s take a look!
Details On Sahara Life Child Plan 2024
| Name Of Article | Sahara Life Child Plan 2024 |
| Sahara Life Child Plan 2024 | Click Here |
| Category | Insurance |
| Official Website | Click Also |
Sahara Life Child Plans
Parents and children have a very special bond. To help their children realize their goals, parents dedicate their entire lives to the cause. Guardians generally go an additional mile to give what their kids need to satisfy their craving and for this, they generally prepare of times. One such financial tool that can help you get ahead in your financial planning is a child insurance policy.
Do you want to give your child the best possible start in life? If so, you’ll want to consider enrolling them in one of Sahara Life’s child plans. These plans offer a variety of benefits that will help your child grow and develop into a healthy and happy individual. From tuition assistance to health insurance, we have a plan that is perfect for your family. Contact us today to learn more about our child plans!
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Sahara Ankur Child Plan
Sahara Ankur is a unique child health insurance plan that offers parents coverage for treatment of various pediatric illnesses, including cancer. The plan covers a wide range of expenses, including hospitalization, surgeries, and medical treatment. In addition to traditional health insurance, the Sahara Ankur plan also offers parental leave benefits and child education benefits.
Plan (item removed in August 2010) is one such arrangement that advances reserve funds and offers protection inclusion simultaneously so the fantasies and wants of your friends and family are shielded.
Death Benefit
If all premiums are paid, the maximum amount insured, reduced by withdrawals made within two years of the insured’s death, will be paid in the event of death.
Coverage
You will continue to be covered until the end of the policy year if your Sahara Life Child Plan membership expires in the middle of the year.
Risk Cover
Under this arrangement, the gamble cover will begin after age 7 after approach initiation.
Tax Benefits
Under Segment 80C of the Annual Assessment Demonstration of 1961, the expenses paid for this arrangement are qualified for benefits from the personal duty. The benefits may change from time to time in accordance with existing statutory provisions.
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Product Benefits
- A unit-linked plan that increases the value of your savings.
- Flexibility to choose a fund and switch between funds.
- Helps build a corpus to protect the future.
- Flexibility to choose the premium payment term based on customers’ investment horizon and risk tolerance.
Eligibility Details
| Particulars | Eligibility Criteria |
| Minimum Issue Age | 0 years |
| Maximum Issue Age | 13 years |
| Premium Paying Term | 21 years minus the age of the child at entry |
| Minimum Maturity Age | 25 years |
| Maximum Maturity Age | 40 years |
| Minimum Policy Term | 12 years |
| Maximum Sum Assured | Rs 15 lakhs if the life assured is under the age of 10, and Rs 24.75 lakhs if the life assured is over the age of 11. |
| Minimum Premium | Individual – Rs. Rs. 30,000 for the regular premium 8,000/ – yearly, Rs. 4000 for a half-year and Rs. 750 per month (only for group billing) |
| Premium Payment Mode | Single Premium/ Yearly/ Half-yearly or Monthly |
How Plan works?
- the insurance plan with a unit-linked structure that aims to save money.
- This plan’s premium is due until the life assured reaches 21 years.
- Single premium or regular premium (monthly, half-yearly, or annually) are the modes of payment for premiums.
- This plan offers clients with development benefit, demise advantage, and give up benefit.
- This plan permits partial withdrawal of the assured sum.
- The Premium Waiver Benefit Rider can be used to provide additional protection for the policyholder.
Read More-LIC Child Future Plan
How To Apply Sahara Ankur Child Plan 2024 Online?
The application for the Sahara Ankur Child Plan is simple and quick. Sahara, the insurance company with the fastest growth rate in India, is committed to providing outstanding customer service. For the convenience of its customers, Sahara Life Insurance has provided the following methods for applying for child plans:
Online mode: By following the beneath given advances clients can without much of a stretch benefit Sahara Life Kid Plan for their youngsters.
- Navigate to the Sahara Life Insurance Company’s official website,
- then sign in with a valid login ID and password,
- select the Sahara Ankur child plan,
- then pay the premium with a credit card, debit card, or net banking method.
- Sahara Life will issue the insurance policy as soon as it receives the premium amount and validates all of the information.
Offline mode: Customers can also apply for the Sahara Ankur Child Plan offline, such as by visiting a Sahara Life office or purchasing a policy through agents, brokers, or other intermediaries.
Also read-HDFC Life Child Plan
Documents needs to Claim Sahara India Life Insurance
- Original Policy Documents
- Duly Filled Claim Form
- ID Proof
- Death Certificate
- Address Proof
- Medical Records
- Medical Attendance Report
- Post Mortem Report/FIR/Punchana
- Bank Account Details
Maturity Benefit Claim
- Original Policy Documents
- Maturity claim form
- Duly Filled Claim Form
- ID Proof
- Bank Account Details
- Contact Details
- Pan card
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