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Common Exclusions Under Retirement Insurance Plans Offered By Sahara India Life Insurance

Exclusions are circumstances or incidents that, if they result in the death of the insured individual, are not compensated by a Life Insurance policy. Let us further understand this by using an example: suppose someone gets a life insurance policy and then commits suicide. In this situation, the money insured in the Life Insurance policy will be paid to the nominee following the death of the policyholder, according to the terms of the policy. Suicide, on the other hand, is, like many other exclusions, an exclusion in a Life Insurance policy. It is strongly advised that you study the terms and conditions of your insurance before enrolling in it so you can save yourself from the exclusions of the policy. 

Similarly, retirement plans also come with a plethora of exclusions in them which are not covered by the insurance company in case the insured person dies or meets an unforeseen situation due to the excluded factor. Read to know more on this, specifically about Sahara India Life Insurance.

Common Exclusions Under Retirement Insurance Plans Offered By Sahara India Life Insurance? 

Sahara India Life Insurance is one of the oldest and most trustworthy insurance companies in India that has been providing individuals and families with life and retirement covers. Here we will know about the exclusions in their retirement plans so you can take a wise decision before investing into their policy.

  • Death From Drug Abuse

There have been many claims of retirement benefits in cases of death from drug abuse which have been rejected by the company. Drug abuse here stands for taking more medicines specified by the doctor causing death or illness etc. Families may claim that this happened due to old age but insurance companies might not pay a heed. 

  • Risky Adventures And Sports

Retired people often go to treks on hills to enjoy their retirement days where they try adventure sports such as paragliding, hill climbing, bungee jumping etc. which might not be suitable for their age or health conditions and if it leads to a fatality, since the insured and his family were aware of the risk, no benefits will be given. 

  • Old Age Lifestyle Risks

Before you sign up for insurance, you'll be asked about your smoking and drinking habits. Insurance companies believe that smokers are considerably more likely to die than nonsmokers. As a result, smokers are significantly more likely than non-smokers to file a Life Insurance claim. As a result, they can charge smokers higher premiums than nonsmokers and might even deny your claims if you die due to that reason. 

  • Natural Calamity

Natural calamities are in no one’s hands and it is obvious that a huge mass is affected by it and the company cannot compensate everyone so generally natural calamities are considered as Act of God and excluded from policy inclusions. This includes earthquakes, tsunamis etc. 

  • Death By Participation In Civil Commotions/ Man Made Disasters

Man-made catastrophes are excluded since they affect several policyholders at once; there is no insurance for risks arising from man-made disasters. Examples include man-made conflicts and riots. Any injuries experienced while participating in civil commotions are not covered by Sahara India  If it is proven that the person was influenced by the motives of inciting public discontent, it will not be held accountable for the individual's death.


Before purchasing a Life Insurance policy, it is vital to read the fine print of the terms and conditions. As a result of your premature death, your family may incur severe financial loss. A death claim that is denied, on the other hand, can be financially catastrophic. Going over the terms and conditions may necessitate more effort than usual. However, it is still critical to understand what your insurance covers and does not cover.

Also read 

Reasons to Buy Retirement Insurance Plans Online

How Can Pension Plans Make Life After Retirement Better?

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.       

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