Sahara Kavach

Sahara Kavach is a vanilla term plan where the nominee would receive the sum assured if the life insured dies within the policy tenure but nothing is payable on maturity.

Term Insurance

Death Benefit

Maturity Benefit

Compare this plan with other Term Plans

Key Features

It is a pure Term Insurance Policy with Death Benefit only

Life Insured can be covered till 65 years age.

5 years is provided to the policyholder in case of revival of lapsed policies.

Riders

No riders are available in this policy

Benefits

Death Benefit

In case of death of the policy holder, the nominee gets the sum assured under the plan

Maturity Benefit

There are no maturity benefits under this plan.

Income Tax Benefit

Life Insurance premiums paid up to Rs.1,00,000 are allowed as a deduction from the taxable income each year under section 80C

Eligibility

	Minimum	Maximum
Sum Assured (in Rs.)	5,00,000 and then in multiples of 50,000	No Limit
Policy Term (in years)	15	20
Premium Payment Term (in years)	Equal to policy term	Equal to policy term
Entry Age of Policyholder	18	50
Age at Maturity	-	65
Single Premium (in Rs.)	NA	NA
Payment modes	Yearly, Half-Yearly, Quarterly and Monthly

FAQs

You stop paying the premium

If the policy holder stops paying the premium, then the policy lapses and all benefits stop. You can however re-instate the policy within 5 years of lapsation by fulfilling the necessary requirements.

You want to surrender the policy

There are no surrender benefits under this term plan.

You want a loan against your policy

There is no loan facility in this plan.