Sahara India Life Insurance Benefits

In 2004 Sahara India Life Insurance was established by the Sahara Group. It got its approval and license from IRDAI in February and commenced its operations from October 2004. This is the first fully-owned Indian insurance company with no foreign collaboration. To reach out to the grass root level of the society, it has directed all its efforts in providing insurance products to all segments at competitive rates.

Sahara India Life Insurance, the wholly-owned privately held life insurance company provides a broad array of products for meeting the insurance needs of individuals of all age groups. It is considered one of the ideal solutions for ensuring financial protection of an individual’s family members. They are known to provide higher sum assurance at relatively economical premium amounts.

Benefits of Sahara India Life Insurance

Some of the key benefits offered by Sahara India Life Insurance is as follows:

• Wide Range of Products: Sahara India Life Insurance provides a wide range of Unit Linked, Money Back, Endowment, Term Assurance And Group Insurance plans. You can decide the plan depending upon your individual requirements and budget. Online plans are also available and the registration is quick and hassle-free. Each plan differs and is equipped with a host of options which are designed specifically to suit your insurance needs.
• High Claim Settlement Ratio: Sahara India Life Insurance has a claim settlement ratio of 90.16% for the year FY 2018-19. This ratio shows the successful number of claim payments which are made during the year by the insurance company from among the total claims received by them during that tenure. A customer will want to select a reliable insurance provider. It becomes easy for a customer to determine the reliability of the insurance company with the help of this claim settlement ratio.
• Affordable Plans: An insurance purchaser will always want a good insurance plan that fits their necessary requirements. Sahara India Life Insurance provides comprehensive life cover on the payment of an affordable premium rate. Various insurance plans offered by Sahara India provide multiple options and benefits at a very affordable premium rate.
• Excellent Customer Service: Sahara India Life Insurance is one of the leading life insurance providers offering multiple life insurance policies that are affordable. Their customer care service is accessible 24x7 on their website and their customer care toll-free number is also accessible by the policyholder. It helps the customers in staying connected with them.