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Benefits of Sahara India Life Insurance
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.
Latest News on Sahara India Life Insurance
- Sahara India Life Insurance offers a diverse selection of plans to meet the demands of individuals from all socioeconomic backgrounds and generations. The company's customer service and support centre is highly qualified and skilled. In today's India, Sa
- 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 ca
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Claim Process at Sahara India Life Insurance
Claim IntimationIn the event of the death of the life assured, the insurance company should be intimated as early as possible.
Submission of DocumentsFor easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
Claim EvaluationAfter successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
Claim SettlementIf claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.
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FAQ About Sahara India Life Insurance
Why should I opt for Sahara India Life Insurance?
You can pick your choice from a wide array of plans from Sahara India Life Insurance, based on your preference and budgetary constraints. The plans are easy to afford, and the claim settlement ratio is high.
What plans does Sahara India Life Insurance offer?
Sahara India Life offers unit-linked plans, endowment plans, group insurance plans, and money-back plans.
How can I pay the Sahara India Life Insurance premium?
You can pay the Sahara India Life Insurance premium online through Internet banking, debit card, or credit cards.
What is the claim settlement ratio of Sahara India Life Insurance?
Sahara India Life Insurance had a claim settlement ratio of 90.16% in FY 2018-19.
What are the contact details of Sahara India Life Insurance?
You can connect with Sahara India Life Insurance personnel using the toll-Free No: 1800-180-9000. Alternatively, you can email at email@example.com.