This product provides only term insurance cover, thus satisfying the insurance need of persons, who are unable to save enough for getting themselves covered through individual insurance plans. Term Insurance means that sum assured shall be payable to nominee only on death of member during continued membership of the group and currency of the policy.

This product provides only term insurance cover, thus satisfy the insurance need of persons, who are unable to save enough for getting themselves covered through individual insurance plans. Term Insurance means that sum assured shall be payable to nominee only on death of member during continued membership of the group and currency of the policy. Through group term insurance, adequate cover, say 7 times of annual income, is possible with an outlay of just about 3% to 5% of annual income.

Keeping the interest of the under privileged sections of the society in mind the Sahara India Life Insurance Company Ltd now introduces Sahara Social Security Scheme. This product provides only term insurance cover. Term insurance means that sum assured shall be payable to the nominee only on death of the member during continued membership of the group and currency of the policy. Hence this product satisfies the insurance need of persons, who are unable to save enough for getting themselves covered through individual insurance plans. This is of particular importance for groups belonging to unorganized/informal sectors including economically vulnerable /backward classes.