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Key Features of ULIPs Offered By Sahara India Life Insurance

Updated On Jul 20, 2021

A Unit-Linked Insurance Plan (ULIP) is a one-of-a-kind combination of risk protection and market-linked rewards. All of the goals of purchasing a life insurance policy are met, plus the possibility of generating larger profits throughout the policy's duration.The Unit-Linked Plan offered by Sahara India Life Insurance increases the value of investments over time and allows clients to select an investment plan based on their risk profile and investment horizon at various stages throughout the policy's term.

In this article, we have compiled the key features and exclusions of ULIP plans offered by Sahara India life.

Key Features of ULIPs Offered By Sahara India Life Insurance

Here are a couple reasons why you should pick ULIP plans designed by Sahara India Life 

  • Financial security for your loved ones

A ULIP plan's maturity benefits provide that the policyholder will receive the fund value instalment regardless of whether or not the policyholder survives the maturity term. This feature of a ULIP plan distinguishes it from others and ensures the policyholder's safety. After the benefits are paid, the policy is no longer valid.

In addition, as a death benefit, the firm pays the sum promised to the nominee.

However, the coverage will expire after that, and no more benefits would be available.

  • Tax Benefits

Insurance products have tax advantages built in. As a result, ULIPs qualify for a tax deduction under Section 80C of the Internal Revenue Code. This statement pertains to the premiums paid under this plan. In addition, there are tax savings on maturity benefits.

  • Flexible Premium Payment Frequencies

Under these plans,you can choose between paying Regular or Limited premiums on an annual, half-yearly, or monthly basis. Only if premiums are paid electronically, such as through ECS/NACH, is a monthly frequency permissible. When the policy is issued on a monthly basis, the first two months' premiums will be paid in advance

  • Wide Range of Investment Objective

Ulip plans offered by Sahara India Life Insurance cater to a wide range of investment objectives, allowing the investor to choose from a variety of funds according to their needs. Options range from secured to growth funds, and may be invested depending on the investor's tolerance and primary demands.


Suicide Clause: Although suicide deaths are rarely covered by insurance plans, the policyholder's nominee or beneficiary may be entitled to a part of the entire premiums paid up to the date of death, if the policy is still current, depending on the plan. Depending on the insurance, this information may differ. In certain suicide cases, death benefits are not available.

Before you sign up for the policy, be sure you understand all of the details about exclusions under your ULIP plan.


ULIP plans offered by Sahara India Life Insurance have a number of advantages that make them a compelling option for ensuring your family's safety long after the policyholder dies away. As a result, knowing your insurance plan's exclusions ahead of time is important in order to avoid financial difficulty in the case of unanticipated circumstances.

Also read 

How Safe Is It To Invest In An ULIP?

10 Most Frequently Asked Questions for ULIP

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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