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Sahara India vs Sbi Pension Plans

COMPANY DETAILS

Sahara India

Sbi Pension Plans

Rating	Rating 4.6	Rating 4.6
Number of life insurance plans and add-ons	No. of Plans -	No. of Plans 1
Annual Premiums Collected (2024-25)	Annual Premiums Collected (2024-25) 61.44 Cr	Annual Premiums Collected (2024-25) Rs 1 lakh to No limit
Payout Options	Payout Options Life insurance policies, unlike health insurance, do not typically involve a network of hospitals fo	Payout Options -
Claim ratio	Claim ratio 97.08%	Claim ratio Minimum Age- 30 year%
Solvency Ratio	Solvency Ratio 8.8	Solvency Ratio 85 years
Branches	Branches 80+	Branches Annual, half-yearly,
Riders Available	Riders Available Accidental Death Benefit Rider	Riders Available 10 to 30 years
Policy Term	Policy Term 9 to 30 years	Policy Term 10 to 40 years

Overview

Sahara India Life Insurance: Overview

Sahara India ventured into the life insurance domain in 2004 and became the first wholly-owned Indian brand to operate in this sector without any foreign collaboration. To meet the life insurance requirements of every individual, Sahara India Life Insurance offers a wide range of Endowment plans, Money-Back plans, Annuity-based plans, Unit-Link plans, and Group Insurance plans. These plans can help meet the financial needs of different age groups and people belonging to different income segments. Apart from the above, Sahara India also offers add-on plans such as Accident Benefit and Critical Illness Riders.

Riders

Riders You Can Avail With Sahara Life Insurance Plans

Name of the Rider	Benefits
Sahara Life Accidental Death Benefit Rider	This rider provides coverage against the policyholder's death due to an accident.

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