|
|
|
|
|
|
|
Insurance Company
|
Sahara India Life Insurance Company Ltd
|
|
Plan Name
|
SAHARA Kavach
|
|
Plan Nature
|
TRADITIONAL
|
|
Plan Category
|
Term Plan
|
|
UIN No.
|
127N009V01
|
|
About Plan
|
For those who have limited savings but desire to safeguard their families against the uncertainties of life, the plan provides the ideal solution. By paying a lower premium a larger risk cover can be purchased. In case of unfortunate death the Sum Assured is payable.
|
|
|
|
|
|
|
|
Minimum Entry Age
|
18 Years
|
|
Maximum Entry Age
|
50 Years
|
|
Minimum Sum Assured
|
Rs 500000
|
|
Maximum Sum Assured
|
Rs 5000000
|
|
Minimum Policy Term
|
15 Years
|
|
Maximum Policy Term
|
20 Years
|
|
|
|
|
|
|
|
|
|
Benefits
|
|
|
| Particulars | Description |
|
Maturity Benefits
|
There is no maturity benefit under this policy.
|
|
Death Benefits
|
Sum Assured is payable on death during the term of the policy if the policy is in force.
|
|
Loan against policy
|
No loan is available under the plan.
|
|
Surrender Benefit
|
There is no Surrender Value under this policy.
|
|
|
|
Tax Benefits
|
|
|
| Section | Description |
|
SEC 80 C
|
Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
|
|
SEC 10 (10)D
|
Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
|
|
|
|
|
|
|
|
|
|
|
|
SAHARA Kavach is for those who have limited savings but desire to safeguard their families against the uncertainties of life, the plan provides the ideal solution. By paying a lower premium a larger risk cover can be purchased. In case of unfortunate death the Sum Assured is payable.
|
|
Sum Assured is payable on death during the term of the policy if the policy is in force.
|
|
For yearly & Half-yearly mode of premium payments rebate of 3% and 1.5% respectively.
|
|
|
|
|
|
|
|
29-Jan-09
16:51
|
Insurers to inform consumer on bouncing of cheque
|
|
29-Oct-08
12:05
|
IRDA asks ULIP performance report
|
|
|
|
|
View another Plan
|
|
|
|
|
Insurance Company
|
|
|
|
|
Solution for
|
|
|
|
|
Type
|
|
|
|
|
Category
|
|
|
|
|
Plan
|
|
|
|
|
|
|