Sahara Ankur Child Plan

Parent and a child share a very special bond. Parents work hard for their entire life to fill bucket brimmed up with the dreams of their children. They always walk an extra mile just to fullfill the demands of their children, parents have already planned and designed their child’s future in their heads and by owning a child insurance policy fir their kids, parents own one of the safest financial tool that helps us as an adult to be ahead in our game of financial planning.

What is Sahara Ankur Child Plan ?

Sahara Ankur Child Plan is one of the plans that promotes savings and serves insurance coverage both at the same time just to ensure that the dreams and desires of one’s beloveds are always protected

Product Benefits

1. It is an Unit-linked policy coverage that helps in doubling up the amount of your savings.

2. You as the owner of the policy have the flexibility to opt the fund type and to switch between different types of funds.

3. This plan also helps in building an entity that offers protection of your future.

4. The plans are designed in such a manner that they offer flexibility to choose the premium payment term as per the investment horizon and risk appetite of customers.

 How to apply for Sahara Ankur Child Plans?

1. On the official page of the Sahara Ankur Child Plans , click on the Traditional Insurance tab under the Personal tab.

2. Click on the  New Quotes options to compare and choose the plan from the top insurance providers.

3. Mention your date of birth, and also choose if you are a smoker or a non-smoker.

4. Add in your personal details like, name, email address, city, country code, and mobile number and then click on Continue.

5. Now, you will head to the Life Insurance quotes page and here you will get to see and choose life insurance quotes of more than 10 insurers.

6. After comparing from all the given plans, opt a life insurance quote, tap on the premium amount to buy the chosen plan.

7. You will see a pop-up notification bar on your screen which will help you with an overview of the chosen plan like premium, plan features, exclusions, additional riders, and more and than tap on Proceed.

8. This will lead you to the insurer’s page and now enter in all the mandatory details to buy the plan.

Sahara Ankur Child Plan covers policy Details?

Features of Sahara Ankur

1. Maturity 

With Sahara policy maturity, you will get the entire fund amount.

2. Surrender Value 

With the Sahara India Child Scheme, if you have paid the premium for an year approximately, then you are eligible to receive 50 percent of the total fund amount.

3. Death Benefit 

In case of the death of the policy owner, if all the premiums are clear, the maximum amount which is assured and reduced by withdrawals between 2 years just after the death of the life assured on the submission of death will be paid.

4. Coverage 

If due to any reason the policy membership with Sahara Life Child Plan  has ended in the middle of the policy period, then, in that case, you are eligible to receive the coverage until the policy anniversary is completed.

5. Risk Cover 

Under this plan, the risk coverage will begin after the age of 7 year of owning the policy.

6. Tax Benefits 

The number of premiums paid under this policy are eligible for income tax benefits that comes under the Section 80C of the Income Tax Act, 1961. The benefits can change any time depending upon the on going statutory provisions.

 Why you need an Sahara Ankur Child Plan and Investment Plan?

1. This is an unit-linked insurance policy plan which aims at collecting savings.

2. The premium under this plan has to be settled till the life assured under the policy crosses the age of 21 years.

3. The mode of premium payment can either be Single or regular premium (monthly/half-yearly/yearly).

4. This plan serves it’s customers with maturity benefit, death benefit, and surrender benefit.

5. The fragmented withdrawal of the amount assured is allowed under this plan.

6. If the policy owner demands for additional protection it can be provided with the help of Premium Waiver Benefit Rider.

 Applying for a Traditional / Investment Plan from the Company

Online Option

There are few of the plans which the company issues via the only mode only. To apply online, you are just requested to register using a login ID and password on the official website of the insurance company. Once you are logged-in, you now have to choose a particular policy plan, and fill in the application form for the same. After the selection of your desired plan, you can make the premium payment via debit card/credit card/net banking.

Offline Application

One can purchase multiple plans of Kotak Life Investment Plans from banks, agents, brokers, branch and intermediaries.

How you can save with the Sahara Ankur Child Plan?

Death Benefit 

In case of the death of the policy owner, if all the premiums are clear, the maximum amount which is assured and reduced by withdrawals between 2 years just after the death of the life assured on the submission of death will be paid.

Coverage 

If due to any reason the policy membership with Sahara Life Child Plan  has ended in the middle of the policy period, then, in that case, you are eligible to receive the coverage until the policy anniversary is completed.

Risk Cover 

Under this plan, the risk coverage will begin after the age of 7 year of owning the policy.

Tax Benefits 

The number of premiums paid under this policy are eligible for income tax benefits that comes under the Section 80C of the Income Tax Act, 1961. The benefits can change any time depending upon the on going statutory provisions.

Why you Should buy the Sahara Ankur Child Plan?

The Sahara Ankur Child Plans has an extremely very strong portfolio of traditional and investment plans which help to cater to all of your protection and savings requirements towards your child.

FAQs 

1. Sahara Ankur Child Plan?

1. It is an Unit-linked policy coverage that helps in doubling up the amount of your savings.

2. You as the owner of the policy have the flexibility to opt the fund type and to switch between different types of funds.

3. This plan also helps in building an entity that offers protection of your future.

4. The plans are designed in such a manner that they offer flexibility to choose the premium payment term as per the investment horizon and risk appetite of customers.

2. Which is the best Sahara Ankur Child Plan for long term?

 Each and every plan that is offered by Sahara Ankur Child Policy Plan holds a different kind of benefit and feature and so, in conclusion, which ever plan fulfills your bucket of expectations and needs is the best for you. 

3. How can I check policy status for Sahara Ankur Child Plans?

*For checking the current status of your Sahara Life Child Plan all you need to do is to visit the office or the nearest branch of Sahara Life Insurance and ask your query to the executives regarding the status of your child insurance plan.

Second is what you can do is to call the customer care number or service helpline number on(0522) 2337777 during the official hours which is between 10 a.m. to 5 p.m. and check about your policy status. Last in the list is that you can dial the toll-free number 1800-180-9000  between 10 AM to 5PM and enquire about your policy status.

4. What is the policy renewal process for Sahara Ankur Child Plan?

 The renewal of Sahara Life Child Plan can be done in the following ways:

Online mode: Login to your policy account using your Login ID and Password and choose the plan that is due for renewal. Click on the ‘Pay Renewal Premium Now’ and select your payment mode and after making the payment, your plan will be renewed immediately.

Offline mode: All you need to do is to visit the nearest branch of the Sahara Ankur Child Policy Plan and clear the remaining dues related to the premiums to renew the policy.

5. What is the policy cancellation process for Sahara Ankur Child Plan?

 Cancellation of the policy is only permitted in the free-look period of the policy. For cancelling the policy in the free-look phase the customer is required to submit the below listed documents at the nearest Sahara life insurance company branch office:

1. Original policy document

2. Cancelled cheque

3. An application mentioning the honest reason behind the cancelling the policy 

6. How to pay a premium? What are the modes of payment available?

Premium payment is done in simple steps by Sahara Life. Customers of Sahara Life can easily pay premiums through the following modes: Cheque Payment ECS Facility Cash Payment.

7. What is the Invest Protect Option?

The child plans which is provided by the Sahara Ankur Child Policy Company falls under the most suitable savings plan. The plans are offered with various convenient ways to invest and receive maturity amount along with benefits. With the chosen investment plan, the policy owner is provided assurance regarding the financial security of their child’s future.

Leave a Comment

Your email address will not be published.