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For life's many ups and downs, for education and marriages of beloved children, providing for a family house, we bring you financial security against unfortunate death & living too long by creating an immediate asset- Our Money Back Policy Sahara Sampann. This policy returns your money at regular intervals for your recurring financial requirements and also provides enhanced risk cover after every 5 years to take care of your increasing responsibilities. This policy is available for terms 15 years only. This plan is suitable for "Safe" investors who get safety, returns & tax benefits in one package here. It is also suitable for those who want to accumulate funds for future investment opportunities |
| Minimum Issue Age |
14 Years(last birthday) |
| Maximum Issue Age |
55(nearer birthday) years for 15 year term |
| Minimum Premium |
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Rs 5000 (For 14 Year to 38 Year)
For Existing IR |
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Rs 6000 (For 39 Year to 54 Year)
For Existing IR |
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Rs 7000 ( 55 Year) For Existing
IR |
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Rs 7500 ( For 14 Year to 55
Year) For New Joining |
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Rs 8000 ( For 14 Year to 55
Year) For New Joining |
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Rs 9000 ( For 14 Year to 55
Year) For New Joining |
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Rs 10000 ( For 14 Year to 55
Year) For New Joining |
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Rs 15000 ( For 14 Year to 55
Year) For New Joining |
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| Maximum Premium |
Rs.2,00,000/- |
| Maximum Sum Assured. |
None, subject to underwriting |
| Policy Terms |
15 Year |
| Premium Paying Term |
Same as policy term |
| Maximum Maturity Age |
70 years |
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| On Survival (Return) |
| 4 |
20% |
| 8 |
20% |
| 12 |
30% |
| 15 |
30% |
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| On Unfortunate Death |
| Duration of the policy(yrs) after commencement |
15yr plan (Sum assured) |
| Up to 5 Years |
100% |
| Above 5 and up to 10 years |
150% |
| Above 10 and up to 15 years |
200% |
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Sum Assured will be icrease 50 % in every five year
On maturity- All vested bonus alongwith terminal bonus, if applicable, is Payable
Tax Benefit
Premiums Paid under the policy are eligible for Income Tax Benefits under section 80C of the Income Tax Act 1961
The Maturity Proceeds of the policy are not taxed as income of the policy holder or his dependents under section 10(10d)
on the IncomeTax Act 1961
IF the payment of premiums is discountinued
lIf the premiums have been paid for at least 3 years the policy acquires paid-up value which is reduced
Sum Assured in proportion to the premiums paid to premiums payable less survival benefits already
paid.The attached bonuses remain with the policy but the policy does not participate in future profits
Surrendered Value
After the policy has run and premiums have been paid for at least 3 years.
Higher of Special surrender value and Guaranteed surrender value is payable, where
lGuaranteed surrender value is equal to 30% of premiums paid
(excluding the first year's premium, extra premiums and rider premiums, if any).
In case any survival benefit has been paid or has become payable ,
the premiums paid prior to the due date of last survival benefit paid
or payable shall be excluded while calculating surrender value.
Cash value of existing attached bonus will also be paid
lBasis for calculating Special surrender value shall be announced by
the company from time to time
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Download Consent Letter & Self declaration form in case unavailability of Standard Age Proof like:-
PAN card
Driving License
Passport
Secondary School certificate
Birth Certificate
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