Sahara Life: Sahara India Life Insurance was registered by the IRDA on 6th of February 2004 and was the first company which entered the industry independently without any foreign collaboration.
Apart from providing value added services catering to different sections of the society, the company also has some varied schemes which include the Jan Kalyan group scheme addressing life insurance requirements of the economically weaker sections of the population.
Another interesting scheme is the Sanchay-R scheme which is a unit linked plan that unites market linked returns with risk coverage open to any citizen of the country from 14 years to 55 years.
The Group products of Sahara India Life Insurance include Samooh BimaNew, Jan Kalyan, Sahara Samooh, Sahara Jamakarta, Samooh Suraksha and Samyojana.
The Individual products of the company are Sahara Samriddhi, Sahara Sahyog, Sahara Sampann, Sahara Kavach, Sahara Ankur, Sahara Sanchay-R, Sahara Swabhimaan, Sahara Nidhi and Sahara Amar Jeevan. With a variety of options for customers
all over India the company aims at providing excellent services which will ensure flexibility, transparency and trust build between the customers and the company.
Sahara India Life insurance sells their policies through the retail distribution system comprising of direct sales from their branches and offices and indirect sales with the help of the insurance agents and brokers.
The company also offers Accident Benefit and Critical Illness Riders for better policy initiatives amongst people in India.
Sahara India has been set up with the state-of-the-art technology which enhances upon further growth opportunities required to maintain the status formed of providing tremendous services in the insurance sector.
Though the Life Insurance infiltration in the country is about 22% of the Insurable population where premium income is of about 2% of the GDP, this group considers this as a high growth region of the Indian economy and aims at fulfilling dreams of millions waiting to invest and gain through simple procedures of claiming insurance policies.
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