What is Sahara life Term Plan?
Sahara Life Term plans are cheapest yet most vital of all life insurance products which secure your family in case of your unfortunate demise. Sahara has a low cost term insurance plan that is designed with the objective of providing protection to your family.
What are its key benefits?
The maximum maturity age is 70 years. The premium paying term is single payment. Section 80C and 10(10D) under the Income Tax Act, provides tax benefits for premiums paid regularly. This plan is a without profit endowment plan with a single premium payment option with a benefit of life cover up to the maturity.
Why buy insurance on InsureMile online platform?
Because enquiry about insurance quotes, buying of insurance and other transactions are simple, transparent and competitive on InsureMile platform Because InsureMile does not ask you for your phone number or email details, thus you are not harassed by unwanted calls or mail. Because InsureMile will guide you, whenever you need any assistance
What are its features?
Simple and comprehensive life cover. Sum assured is paid out as death benefit. Minimum sum assured of Rs.5 lakhs. Minimum benefit term of 15 years and maximum of 20 years. Flexible premium payment frequencies including monthly, quarterly, half-yearly and yearly. Income tax benefits
The most important differentiator is InsureMile’s ‘Buy A Policy, Feed A Child’ mission. For every policy you buy, InsureMile on your behalf contributes 25 meals to a child. You are thus becoming part of a Social Movement to eradicate hunger among children in India. There is no additional amount to be paid for the social cause. It is part of the premium. You can claim tax benefits for the donation you have made.