Sahara Life ULIP Plan is a comprehensive financialproduct that provides a unique blend of life insurance coverage and investment options. The plan offers you the flexibility to invest in a diverse range of market-linked funds along with financial protection for your loved ones. This ULIP Plan from Sahara Life is tailored to meet your evolving needs for a secure and growth-oriented financial future.
Returns as on 30-09-2026. The returns are the returns of best-performing fund in the plan
Disclaimer : ˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s
insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.inRead MoreRead Less
Key Features of Sahara Life ULIP Plans
Choice of Single and Regular Premium Plans:
The portfolio includes single premium and regular premium ULIP variants.
Multiple Fund Options:
All three plans provide access to five investment funds: Secured, Balanced, Smart, Growth, and Prima Fund.
Life Cover with Market-Linked Investing:
The plans combine wealth accumulation with life insurance protection, with select variants offering death benefits linked to fund value and sum assured.
Liquidity Through Partial Withdrawals:
Select plans allow partial withdrawals from the 6th policy year onwards.
Flexibility Through Fund Switching:
Policyholders may switch between available funds based on changing investment goals and market outlook, with two free switches available during a policy year.
Additional Protection Through Riders:
Utkarsh Jeevan Bima includes an option to add Accident Benefit and Accidental Total & Permanent Disability Rider for wider financial protection.
Tax Benefits:
Premiums paid and eligible benefits may qualify for tax benefits under Sections 80C and 10(10D) of the Income Tax Act, subject to prevailing tax laws.
Why Invest in India's Growth Story?
Long-term investing continues to gain relevance as individuals look for ways to build wealth while maintaining financial protection. According to AMFI data, monthly SIP contributions crossed ₹20,000 crore for the first time in FY24, reflecting growing participation in market-linked investing and long-term financial planning.
For individuals looking to build wealth while keeping life cover in place, ULIPs offer an investment-linked approach with flexibility across fund choices, premium commitments, and protection needs.
The Sahara Life ULIP Plan is a unit-linked insurance plan offered by Sahara Life Insurance. You can allocate premiums to a variety of investment funds based on your risk preferences. The plan provides flexibility and potential for wealth creation, making it suitable for those seeking both insurance protection and investment growth. It combines life insurance coverage with Sahar Life investment plans .
Video
information
The Indian Investment Boom: Opportunities You Can't Afford to Miss!
How Much Historical Returns are Provided by the Plans?
Investment Scenario
Monthly Investment:
₹22,000
Investment Duration:
18 years
Exit Timeline:
At Policy Maturity
Product Category:
Market-Linked ULIP Plans
Scenario 1:
Returns @ 4%
Plan Name
Estimated Maturity Value
Assumed Return Rate
Sahara Utkarsh Jeevan Bima
₹85.8 L
4%
Sahara Sugam Jeevan Bima
₹83.9 L
4%
Sahara Sanchit Jeevan Bima
₹80.6 L
4%
Scenario 2:
Returns @ 8%
Plan Name
Estimated Maturity Value
Assumed Return Rate
Sahara Utkarsh Jeevan Bima
₹1.56 Cr
8%
Sahara Sugam Jeevan Bima
₹1.51 Cr
8%
Sahara Sanchit Jeevan Bima
₹1.43 Cr
8%
Note: Past performance is illustrative. Actual returns depend on market conditions, fund choice, and economic cycles. Historical returns do not guarantee future performance.
Benefits of Sahara Life ULIP Plans
Long-Term Wealth Creation:
Access five fund options for market-linked corpus creation over time.
Life Cover with Investments:
Market-linked investing backed by life insurance protection across plan variants.
Single and Regular Premium Choices:
Choose between one-time investing or periodic premium payment flexibility.
Fund Switching Flexibility:
Switch between available funds to align investments with changing goals.
Partial Withdrawal Access:
Withdraw part of the fund value from the 6th year.
Optional Rider Benefits:
Select variants offer accidental death and disability rider protection.
Tax Benefits:
Eligible premiums and benefits may qualify for tax advantages.
List of Sahara Life ULIP Plans
Sahara India Life Insurance has three different types of ULIP plans, each with its own set of advantages. The following are the different types of ULIP plans sold by Sahara Life Insurance:
Sahara Life ULIP plans vary across single premium investing, regular premium wealth creation, life cover structures, and investment flexibility. Below is a closer look at the available plan options:
Sahara Sanchit Jeevan Bima
Sahara Sanchit Jeevan Bima is a unit-linked life insurance plan offered by Sahara India Life Insurance Company Ltd. It is a single-premium plan, which means that the entire premium is paid at the time of purchase. The policy term can be chosen from 5 to 10 years.
Features of Sahara Sanchit Jeevan Bima
Secured Fund:
This fund invests in fixed-income securities, such as government bonds and corporate bonds.
Balanced Fund:
This fund invests in a mix of fixed income securities and equity securities.
Smart Fund:
This fund invests in a mix of equity and debt securities.
Growth Fund:
This fund invests primarily in equity securities.
Prima Fund:
This fund is a combination of the Secured Fund and the Balanced Fund.
Accident Benefit Rider:
This rider provides additional coverage in the event of your demise or total and permanent disability due to an accident.
Sahara Utkarsh Jeevan Bima Plan
Sahara Utkarsh Jeevan Bima Plan is a Unit Linked Insurance Plan (ULIP) offered by Sahara India Life Insurance. It is a life insurance plan with an investment component. The policyholder can choose from five different funds to invest their premiums. The returns on the investment will depend on the performance of the underlying funds.
Key Features of Sahara Utkarsh Jeevan Bima Plan
Investment Options:
The plan offers five different investment options, each with its own risk profile and potential return. The options are:
Secured Fund:
This fund invests in fixed income securities, such as government bonds and corporate bonds.
Balanced Fund:
This fund invests in a mix of fixed income and equity securities.
Smart Fund:
This fund invests in a mix of domestic and international equity securities.
Growth Fund:
This fund invests primarily in equity securities.
Prima Fund:
This fund is a combination of the Secured Fund and the Growth Fund.
Fund Switching:
You can switch between investment options at any time during the policy term.
Life Cover with Fund Value:
The death benefit payable is sum assured plus fund value, subject to a minimum of 105% of total premiums paid.
Sahara Sugam Jeevan Bima Plan
Sahara Sugam Jeevan Bima Plan is a Unit- Linked Insurance Plan (ULIP) offered by Sahara Life Insurance. It is a regular premium plan, which means that the policyholder needs to pay premiums on a monthly, quarterly, half-yearly, or yearly basis. The policy term can be chosen between 10, 15, or 20 years. The premium paying term will be the same as the policy term.
Key Features of Sahara Sugam Jeevan Bima Plan
Investment Growth:
The premiums paid under the plan are invested in a variety of funds, including equity, debt, and balanced funds.
Fund Switching:
You can switch between funds without any charges up to twice a year.
Five Fund Options:
Policyholders may invest across Secured, Balanced, Smart, Growth, and Prima Funds based on risk appetite and financial goals.
Life Cover with Wealth Creation:
The death benefit payable is the higher of sum assured less partial withdrawals or policy fund value, subject to policy terms.
Partial Withdrawal Facility:
Partial withdrawals are allowed from the 6th policy year onwards, subject to minimum balance requirements.
Why Buy Sahara Life ULIP Plans from Policybazaar?
Over 9 lakh customers have invested ₹12,400 Cr through Policybazaar
No hidden charges. All costs and returns are clearly disclosed
Certified advisors provide unbiased guidance based on your needs
IRDAI-regulated, ensuring advice is in the customer’s interest
How do I claim my Sahara ULIP Plan maturity amount?
To claim your Sahara ULIP maturity amount:
Contact Sahara Life Insurance: Reach out through their website, toll-free numbers, or nearest branch.
Gather Documents: Policy documents, ID proof, and bank details.
Fill Maturity Claim Form: Submit the duly filled form along with documents.
Verification and Processing: Sahara will verify and process your claim.
Maturity Payout: Receive your maturity amount within 15-30 working days (subject to verification).
How do I check my Sahara ULIP Plan maturity?
There are three ways to check your Sahara ULIP plan maturity:
Online: Log in to Sahara Life's customer portal using your policy details. The maturity date should be visible under your plan information.
Policy Document: Refer to your original policy document. The maturity date will be mentioned under Policy Term.
Customer Care: Contact Sahara Life customer care at (0522) 2306955 or 2306966. They can access your policy details and confirm the maturity date.
Who merged with Sahara Life?
Technically, Sahara Life was not involved in a merger. In June 2023, the Insurance Regulatory and Development Authority of India (IRDAI) transferred the policyholder-related assets and liabilities of Sahara Life Insurance to SBI Life. This was not a traditional merger but rather a regulatory intervention due to Sahara Life's financial situation.
What is the death benefit of the Sahara Life ULIP Plan?
The death benefit of a Sahara Life ULIP plan depends on the higher of the following two:
Maximum of Sum Assured: If the fund value has fallen due to market fluctuations, you still receive the guaranteed Sum Assured.
Fund Value: If the fund value has grown higher than the Sum Assured, your nominee receives the larger amount.
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:
Cash/ Cheque payment at the branch
ECS ( At certain locations)
How can I check policy status for Sahara Life ULIP Plans?
To check the policy status login on the home page with your username and password.
What is the policy renewal process for Sahara Life ULIP Plans?
To renew the policy, you can visit the nearest branch during working hours. You can also call the customer care.
What is the company’s process to settle claims for Sahara Life ULIP Plans?/span>
You can visit the nearest branch of the Sahara Life Insurance company between 10 AM and 5 PM. You can also call the toll-free number
What is the policy cancellation process for Sahara Life ULIP Plans?
You can visit the nearest branch of the Sahara Life Insurance company to surrender your policy between 10 AM and 5 PM. Upon successful completion of the procedure, the refund will be directly debited into your account and the policy will stand cancelled.
"Superb policy i buy i.e., sahara life traditional plan. The returns are good ~Rs.35 L in very low premiums ~Rs.11 K quarterly per year. Service is fast which facilitate by executives and all company members with nice behaviour and quick response. It save my taxes. I like it."
TB
Tanmay
Ahmedabad, January 16, 2025
Power Plan
"I have sahara life traditional plan. The policy coverage is 84% and the claims are high which can be easily sanctioned. The service provided by the executives and staff members are fast and responsive. Nice policy plan which save taxes also. Good behaviour of executives and staff members is very nice."
ZH
Zakhir
Bangalore, January 16, 2025
Quality Investment
"I own sahara life traditional plan which facilitate great services. The policy coverage is high ~90% and the premiums are low ~13 K thrice per year. The payback money is high around 39 L. The services are fast and the behaviour of the executives are really nice with policy owners. Daily updates are mailed, Good service."
GS
Gurpreet
Chandigarh, January 16, 2025
Nice Insurance
"I invest my money in sahara life traditional plan. The policy coverage is good ~89% and the claims are high. The premiums are low ~11 K quarterly per year. Paybacks are really very good Rs.39 L. Good investment and tax saver policy plan. The executives and staff members are behave well with fast service. Good job, I like the plan."
AY
Ankit
Chittoor, January 16, 2025
Fantastic
"I have traditional insurance policy plan which i buy from sahara life insurance. The policy coverage is 90% and the claims are good. The premiums are low and the claiming process is easy and sanctioned in short time period. The policy is good future investment and it saves taxes too. Fantastic Plan."
KK
Kamal
Indore, January 16, 2025
Excellent Work
"Sahara life insurance is one of the best insurance company. I took traditional insurance policy plan which provide me good service and high returns. The premiums are low and the policy coverage is high ~89% with high claims. The behaviour is good from executives and staff members. Good future investment which reduces my taxes."
MS
Manish
Hyderabad, January 16, 2025
Damn Good
"Policy has all benefits and the investments are also low. Around Rs.33 L is payback amount. Sahara life insurance provide me traditional plan which has good facilities and the service is very quick. The up gradation details in policy is mailed to me time to time. Fantastic future investment. Good behaviour of executives is really very impressive. I like it."
MA
Mayank
Chattarpur, January 16, 2025
Trustworthy
"Sahara life traditional plan which has 89% policy coverage and the claims are easy to get because of fast services provided by the executives and staff members. The daily updates are texted and mailed time to time to may email id and cell number. Nice future investment and tax saving too. I'm happy with my policy plan."
YS
Yajan
Jammu, January 16, 2025
Coverage Is Good
"Policy has all benefits and the investments are also low. Around Rs.34 L is payback amount after policy end. Sahara life traditional plan which has nice facilities and the service is very quick. This is good future investment which is tax saver also. The service provided by the executives is nice. Regular updates are mailed to me."
HK
Harman
Gangtok, January 16, 2025
Good Service
"The traditional policy plan i have from sahara life insurance which is really nice plan. The premium is low and the policy coverage is around 85% and claims are high. Services is fast, so any work is done without waiting and no paper work. Good policy which save taxes. Daily updates send to me regularly."
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Tax benefit is subject to changes in tax laws
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds. 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.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
