Sahara Life Child Plans

Sahara Life offers a range of child plans designed to secure your child's financial future. These plans are tailored to meet the specific needs of parents who wish to provide their children with financial security and support their aspirations.

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Investing in your child's future:A wise decision & a loving choice
  • Insurer pays premium in case of loss of life of parent

  • Create wealth for child’s aspirations

  • Tax Free maturity amount+

  • 12+ plans available

Nothing Is More Important Than Securing Your Child's Future

Invest ₹10k/month your child will get ₹1 Cr Tax Free*

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What are Child Plans?

Child plans are financial products designed to help parents save and invest in their children's future. They combine features of insurance and investment, offering a guaranteed sum of money at maturity along with life cover for the parent.

  1. Sahara Life Child Plans

    Sahara Life offers a range of child plans designed to secure your child's financial future. These plans are carefully crafted to provide a combination of savings and insurance coverage. 

  2. Sahara Ankur Child Plan

    Plan Type: Unit-linked Life Insurance (ULIPs)

    Target Audience: Parents looking to save for their child's future while also having life insurance coverage.

    Benefits:

    • Investment Potential: Leveraged the potential of market-linked investments to grow the policy's value (subject to market risks).

    • Fund Choice and Flexibility: Offered different fund options to suit diverse risk appetites and investment goals.

    • Future Security: Aimed to build a substantial corpus for the child's future needs like education or marriage.

    • Premium Payment Flexibility: Allowed customisation of premium payment terms based on individual needs and financial planning.

    Please note:

    • As of today (February 19, 2024), this plan is no longer available for purchase.

    • Any existing Sahara Ankur Child Plan policies will continue to operate according to their terms and conditions.

    • If you're considering a child insurance plan, it's essential to research currently available options offered by various insurers to compare features, benefits, and costs.

    Investment Investment
    Secure Secure
    Child Banner
    Secure your child’s future with or without you
    Start Investing
    ₹10,000/Month
    & Get
    ₹1 Crore*
    *Standard T & C Apply

    People also read: Sukanya Samriddhi Yojana

    Plan at Glance

    Particulars

    Minimum

    Maximum 

    Issue Age

    0 years

    13 years

    Maturity Age

    25 years

    40 years 

    Premium Paying Term

    21 years minus the age of the child at entry

    Minimum Policy Term

    12 years

    Minimum Premium

    Single - Rs. 30,000/-

    Regular Premium - Rs. 8,000/- yearly, Rs. 4000/- half yearly &  Rs. 750/- monthly (Group billing only)

    Premium Payment Mode

    Single Premium, Yearly,  Half-yearly or Monthly

Invest More Get More
Invest ₹10K/Month YOU GET ₹1 Crores* For Your Child View Plans
Invest ₹8K/Month YOU GET ₹80 Lakhs* For Your Child View Plans
Invest ₹5K/Month YOU GET ₹50 Lakhs* For Your Child View Plans
Standard T&C Apply *

People also read: Sukanya Samriddhi Yojana Calculator

How to Buy Child Plans Through Policybazaar?

To buy a child plan from PolicyBazaar, follow these steps:

  • Visit the PolicyBazaar homepage and navigate to the "Personal" tab.

  • Click on "Child Plans" from the dropdown menu.

  • Fill out the lead form by providing your name and mobile number.

  • After filling out the lead form, click on the "View Plans" button.

  • Provide details such as your city, income, your age, and your child's age on the next page then click "Continue."

  • You will be directed to the quotes page, where you will find quotes from more than 10 insurers.

  • Next, choose the plan type based on the payment schedule – whether it's a one-time payout or a Monthly Payout Plan.

  • Select the plan that best suits your needs and click on "Get details". 

Following these steps will guide you through the process of purchasing a child plan from Policybazaar.

Sahara Life Child Plans - FAQ

  • How does the Sahara Ankur Child Plan work?

    The Sahara Ankur Child Plan is a unit-linked insurance plan designed to accumulate savings for the child's future.
  • What is the premium payment duration for the Sahara Ankur Child Plan?

    Premiums are payable until the life assured reaches 21 years of age.
  • What are the premium payment options for the Sahara Ankur Child Plan?

    Premiums can be paid either as a Single payment or through regular premiums (monthly, half-yearly, yearly).
  • What benefits does the Sahara Ankur Child Plan offer?

    This plan offers maturity benefits, death benefits, and surrender benefits to the policyholder.
  • Can partial withdrawals be made from the Sahara Ankur Child Plan?

    Yes, partial withdrawals of the sum assured are permitted under this plan.
  • Is additional protection available for policyholders of the Sahara Ankur Child Plan?

    Yes, policyholders can opt for additional protection through the Premium Waiver Benefit Rider if they desire.
  • How to pay a premium? What are the modes of payment available?

    The Sahara Life insurance company Ltd. offers different modes of premium payment namely:
    • Cheque payment at the branch
    • ECS ( At certain locations)
  • How can I check policy status for Sahara Life Child Plans?

    To check the policy status login on the home page with your user name and password.
  • What is the policy renewal process for Sahara Life Child Plans?

    To renew the policy, you can visit the nearest branch during working hours. You can also call on the customer care.
  • What is the company’s process to settle claim for Sahara Life Child Plans?

    You can visit the nearest branch of the Sahara Life Insurance company between 10 AM to 5PM. 
  • What is the policy cancellation process for Sahara Life Child Plans?

    You can visit the nearest branch of the Sahara Life Insurance company to surrender your policy between 10 AM to 5PM. Upon succesful completion of the procedure, the refund will be directly debited in your account and the policy will stand cancelled.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Please note that the quotes shown will be from our partners
*Tax benefit is subject to changes in tax laws
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
#The lumpsum benefit is calculated if policyholder invested ₹10000 monthly for 10 years in the fund with a policy term of 20 years. This Point To Point past performance data of last 10 years has been used to illustrate a scenario for the customers benefit. It is assumed that the past 10 years returns would have also been delivered in last 20 years. This is not guaranteed and not in anyway indicative of what the customer may actually get 20 years from now. The investment is subject to market risk and the risk is borne by the policyholder.

Child Plan

Investment

Child Plan

Secure

Secure your Child’s
Career Goal
Start Investing ₹10,000/Month
& Get ₹1 Crore*
*Standard T & C Apply
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Child Plan 2
Average Rating
(Based on 22 Reviews)

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Sahara Life Child Plans Reviews & Ratings

4.1 / 5 (Based on 22 Reviews)
(Showing Newest 10 reviews)
Rakesh
Kota, July 12, 2016
Child Care
My child have a child insurance plan which is less in premiums but the returns are many. Policy coverage is good and claims are easy to processed. Service is fine and online renewal of the policy is possible. Hassle free documentations and it reduces paperwork.
Alisha
Ajmer, June 29, 2016
Child Insurance Plan
The child insurance plan i purchase for my son. Service of your team is fantastic and very quick. Policy coverage is high and premium is less. The internet service is easy to operate and anyone can easily access it. Good future security for my child.
Saurabh
Palwal, May 17, 2016
Good
I have sahara life child plan. Policy coverage is good 88% but the premium is low. Service provided is bit slow and claims are good and Rs.33 L is the amount i get after policy get end. The updates regarding policy is send to me regularly. I just wanted to say that satisfactory policy plan. I like the plan.
Naveen
Badlapur, May 17, 2016
Perfect Plan
I have the best child policy i bought from sahara life insurance and the policy plan is awesome. The policy coverage is 90% and the claims are Rs.36 L after policy get mature. The investment is low and the returns are high. Good future plan with tax protection. Daily updates send me regularly. Good work.
Bhupesh
Chaksu, May 17, 2016
Good Policy Coverage
I found awesome sahara life child plan. The claim is high and the policy coverage is 87%. Service you provided is fast and very quick. Daily updates are mail and texted to me. The policy is good for future investment and it saves taxes also. The policy updates are mailed to me daily. I like it.
Himanshu
Bhiwani, May 17, 2016
Wonderful
I buy sahara life child plan. Policy have various benefits but the policy coverage is the best ~89% is covered in the policy. Claims are high and the premiums are low. Service is good. Nice future investment which saves tax also. The behaviour of executives is very calm.
Vivek
Coimbatore, May 17, 2016
Service Is Good
I purchase sahara life child policy plan. The policy coverage is 90% and the claims are good with low premiums. Service you provided is very quick and the behaviour of the executives and staff members is nice. Good future investment and it reduces taxes also.
Umakant
Deoli, May 17, 2016
Responsive Faculty
I own sahara life child plan which has very good policy coverage ~85%. The service is also good, fast and on time. The claims are high ~ 35 L and claiming process is easy because the executive and staff members providing good response and quick services. Good investment with tax savings. Daily updates are send to me regularly.
Lalit
Ahmedabad, May 17, 2016
Satisfactory
I found awesome sahara life child plan for my child. The claim is high and the policy coverage is 89%. Service you provided is fast and very quick. Daily updates are mail and texted to me. The policy is good for future investment and it saves taxes also. I'm satisfied with the policy.
Nakul
Gwalior, May 17, 2016
Fantastic Policy Plan
The best child policy plan i bought from sahara life insurance and the policy plan is awesome. The policy coverage is 90% and the claims are 37 L after policy get mature. The investment is low and the returns are high. Good future plan with tax protection. Service you provided is very quick and on time. Good for tax saving too. Good job.
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