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‘Sahara Shrestha Nivesh-Jeevan Bima’ is a without profit single premium endowment plan which secures your family's financial protection at one go, doing away with the obligation of annual payments. It suits the requirements of those with an unpredictable, seasonal or uneven income stream. Likewise, if you have earned a handsome bonus or have made a windfall gain from say sale of a property, you can consider directing your money to single-premium plans. This plan is designed to meet the real investment and protection needs and help you to maintain your family's financial independence. |
Minimum Entry Age |
9 Years (Nearer birthday) where the risk commences immediately |
Maximum Entry Age |
60 Years (Nearer birthday) |
Minimum Sum Assured |
Rs. 30,000/- |
Maximum Sum Assured |
Rs. 1 Crore subject to underwriting |
Minimum Single Premium |
Rs. 16,992 for age at entry 9, policy term 10 years and Sum Assured 30000 |
Policy Term under the plan is |
5 Years to 10 Years subject to minimum maturity age of 19 years nearer birthday. |
Premium Paying Term |
Single Premium |
Maximum Maturity Age |
70 Years |
Premium Payment Mode |
Single Premium ONLY |
Rebate available |
High Sum Assured (read details). |
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‘Sahara Shubh Nivesh-Jeevan Bima’ is a without profit single premium endowment plan with added advantage of life cover up to maturity by having to pay premium only once. It suits those who have dreams and aspirations at specified times like buying a house and giving one’s children the best education. These can be fulfilled only by planning our finances for various financial obligations well in advance. The only step in financial planning is investing in Wealth Creation Plans. This plan of ‘Sahara Life’ offers more liquidity and is ideal for customers who are investment savvy and also want the protection of life as it offers you a life cover for the policy term and that too without burdening you to pay premium for the entire term i.e. invest today and reap the benefit at maturity. |
Minimum Entry Age |
9 Years (Nearer birthday) where the risk commences immediately |
Maximum Entry Age |
60 Years (Nearer birthday) |
Minimum Sum Assured |
Rs. 50,000/-(There after in multiple of Rs 5000/-) |
Maximum Sum Assured |
No Limit subject to underwriting |
Policy Term under the plan is |
10 years (fixed) |
Premium Paying Term |
Single Premium |
Maximum Maturity Age |
70 Years |
Available premium Payment Mode |
Single Premium |
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Minimum Issue Age |
14 Years (Nearer birthday) |
Maximum Issue Age |
50 Years (Nearer birthday) |
Minimum Sum Assured |
Rs 50000/- and thereafter in multiples of Rs 5000/- where sum assured will not be less than 10 times of annualized premium for age at entry less than 45 years and 7 times of annualized premium for age at entry more than or equal to 45 years. |
Maximum Sum Assured |
No limit, subject to underwriting |
Minimum Policy Term |
15 Years |
Maximum Policy Term |
40 Years subject to maximum maturity age of 70 years |
Premium Paying Term |
Same as policy term. |
Maximum Coverage Age |
70 Years |
Available premium Payment Modes |
Yearly, Half-yearly, Quarterly and Monthly. |
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