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Sahara India Life Insurance
Sahara India Life Insurance is the insurance business of the Indian business conglomerate Sahara India Pariwar. Sahara India Life Insurance was granted insurance license by the IRDA on February 6, 2004. The initial paid up capital of the wholly Indian insurance company is INR 157 million. The Chairman of the company is Mr. Subrata Roy Sahara.
Insurance Bouquet
Sahara India Life Insurance in India offers a variety of insurance products that cater to different sections of society. Both individual and group Sahara Insurance products are sold.
Group Insurance
The Group products of Sahara India Life Insurance include:
- Samooh BimaNew
- Jan Kalyan
- Sahara Samooh
- Sahara Jamakarta
- Samooh Suraksha
- Samyojana
Individual Insurance
The Individual products of Sahara India Life Insurance are:
- Sahara Samriddhi
- Sahara Sahyog
- Sahara Sampann
- Sahara Kavach
- Sahara Ankur
- Sahara Sanchay-R
- Sahara Swabhimaan
- Sahara Nidhi
- Sahara Amar Jeevan
Varied Benefits
The Jan Kalyan group scheme addresses life insurance needs of the economically weaker sections of the Indian population. It is a Term Insurance scheme. The insurance cover varies between INR 10,000 and 25,000. Accident benefit is one of the added points of the Jan Kalyan scheme.
One of the highlights of the individual Sahara India Life Insurance products is the Sahara Sanchay-R scheme. The Sanchay-R is a unit linked plan that combines market linked returns with risk coverage. The scheme is open to any Indian citizen from 14 years to 55 years.
The Sahara Amar Jeevan insurance plan is ideal for persons who would like to live a fulfilling life after professional retirement. The minimum age for starting the scheme is 25 years. Maximum age limit is 55 years. The plan envisages monetary savings in little amounts per month.
Registered Office
The registered office of the company is:
Sahara India Life Insurance
Sahara India Bhawan
1, Kapoorthala Complex
Aliganj
Lucknow-226 024
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