Insurance Companies in India

The Sahara Pariwar, popularly known as the world's largest 'family' with diversified business interests, is a recent entrant in the field of life insurance. Its insurance company - Sahara India Life Insurance Company Ltd. was granted license by the insurance regulator - the IRDA, on 6 February 2004. With this approval, Sahara Life Insurance becomes the first wholly Indian-owned company in the Indian life insurance market without any collaboration with the organizations abroad. The paid up capital of the insurance company at the time of its commencement was Rs 157 Crore. The Chairman of Sahara Pariwar, Subrata Roy Sahara, is also the chairperson of Sahara Life Insurance Company limited.

The insurance plans offered by Sahara India Life Insurance Company Limited are unique in their own terms. The company offers both individual and group insurance products. Through the different insurance plans, the company aims to cater to the different needs of the Indian society. For instance, the Sahara Jan Kalyan group scheme is formulated to address the life insurance needs of the financially weaker sections of the Indian population. One of the highlighting points of the scheme is accident benefit.

Apart from the working and the dependent population, the insurance plans formulated by Sahara India Life Insurance Company Limited are beneficial for the retired people as well. The pension plans of the company (such as Sahara Amar Jeevan) help the policy holder to live a frivolous and relaxed life after retirement. As per the plan, the person holding the policy is subjected to do monetary savings in little amounts per month. Talking about the individual plans, Sahara Sanchay - R scheme and Sahara Samarth are also beneficial in many ways.
 

Insurance Plans

Children

• Sahara Ankur

• Sahara Nidhi
• Sahara Sahyog

• Sahara Sampann
• Sahara Samriddhi

• Sahara Kavach

• Sahara Swabhimaan
• Sahara Amar Jeevan

• Sahara Sanchay - R
• Sahara Samarth

• Sahara Samooh Samyojana
• Sahara Jamakarta Samooh Bima
• Sahara Samooh Suraksha
• Sahara Jan Kalyan