Sahara India was granted its license by IRDA on 6 th feb 2004 to commence Life Insurance buisness in India.With this approval Sahara India Life Insurance Company Ltd. becomes the first wholly and purely Indian company, without any foreign collaboration to enter the Indian Life insurance market. The launch is with an initial paid up capital of 157 crores. The Chairman of the company is Shri Subrata Roy Sahara who is also the Chairman of Sahara Pariwar.

The various Plans offered by them are
Children Plans
Unit linked Insurance plans
Money Back Plans
Endowement Plans
Term Insurance plans
Pension Plans