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Sahara to support Indian Master Polo

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MUMBAI: Sahara India Pariwar, a major business conglomerate, today announced that it will provide support the upcoming ‘Indian Masters Polo‘ which is scheduled to be played from 29 February to 4 March at the Jaipur Polo ground in New Delhi.

As a part of its endeavour, to promote the game of Polo, Sahara India Pariwar will also provide a prize money of Rs 500,000 to all the four participating teams. The event is promoted by Equisport Management, a sports management company.

Played since the year 1911, the Indian Masters Polo is one of the two ‘Grand-Slams‘ of Indian Polo along with the Indian Open, which is played at the highest level of 16 goals. The iconic tournament will be played between four professional teams of Sahara Warriors, Jindal Steel & Power, Cavalry-USPA & the Cavalry-TJP and will also witness some of the leading Indian and international professionals.

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Speaking on the occasion, Sahara India Pariwar managing worker & chairman Subrata Roy Sahara said, “I believe that Sports represent the most spirited, healthy and energetic facet of a society. I feel really honoured to be associated with the sport of Polo it has its roots in India and represents the glorious heritage of India. Sahara India Pariwar is happy to be associated with this iconic tournament and I hope it will provide encouragement to both the sport and the sportsmen.”

Equisport Management CEO Adhiraj Singh said, “I take this opportunity to thank Sahara India Pariwar, specially ‘Saharasri‘ Mr. Subrata Roy Sahara who is the greatest patron of sports, for coming forward and supporting the Indian Masters Polo. I am sure this association would encourage all the national and international players to perform even better in the various forthcoming International tournaments.”

The sponsor of Indian Cricket and Hockey, Sahara India Pariwar, has adopted Indian Boxing, Wrestling, Archery, Shooting, Track & Field and Tennis covering support of a total of 95 sportsmen in these six games who are potential medal winners, until after London Olympics 2012.

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MAM

Term Life Insurance Explained: Who Needs It and Why It Matters

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If you are actively investing to grow your money month after month, you already understand the value of planning ahead. SIPs, long-term portfolios, retirement planning and goal-based investing all point to one thing. You are building a future with intent.

What often gets missed in this process is one foundational question. How well is the income that funds all these plans protected?

Term life insurance fits naturally into this stage of financial planning. It does not compete with investments. It supports them by protecting the income that makes long-term growth possible.

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Why Income Protection Is a Core Part of Financial Planning

Every financial plan begins with income. Before money is invested or saved, it is earned.

Over time, this income is allocated across multiple needs:

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● monthly household expenses
● EMIs and long-term loans
● savings and emergency funds
● investments aimed at future goals

As responsibilities increase, financial planning becomes layered. Each layer assumes income continuity. Term life insurance exists to ensure that this structure does not become fragile due to overdependence on a single income source.

It adds stability to plans already in motion rather than introducing a new objective.

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What does term life insurance do?

Term life insurance provides a fixed payout to your nominee if you pass away during the policy term. The purpose of this payout is practical and clearly defined.

It is intended to:

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● replace lost income for a defined period
● help manage outstanding liabilities
● support ongoing household and goal-based expenses

There is no investment or savings component. This keeps the product focused and cost-efficient, allowing individuals to opt for meaningful coverage without diverting funds meant for growth-oriented investments.

Why Term Life Insurance Complements Investing?

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Investments and insurance play different roles in a financial plan.

Investments are designed to:

● grow wealth over time
● compound with consistency
● be adjusted as goals and risk appetite change

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Term life insurance is designed to:

● provide financial continuity
● protect existing plans from disruption
● remain stable once put in place

Keeping these roles separate improves clarity. Investments are allowed to perform without being forced to double up as protection, while insurance quietly supports the overall structure.

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Who Should Consider Term Life Insurance?

Term life insurance becomes relevant when financial planning extends beyond individual needs. This typically includes:

a) Working professionals

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When income supports shared expenses or long-term plans, protection becomes essential.

b) Individuals with long-term liabilities

Home loans, education loans and other EMIs often extend over decades. Term insurance ensures these obligations remain manageable.

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c) Parents planning future milestones

Education, healthcare and lifestyle goals require continuity over many years.

d) Early planners with rising incomes

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Starting earlier allows coverage to align smoothly with career progression and evolving responsibilities.

How Much Coverage Should Be Considered?

Coverage should be guided by financial reality rather than affordability alone.

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A well-rounded evaluation typically considers:

● number of years income needs to be replaced
● existing and future liabilities
● long-term goals already planned
● inflation and rising living costs

Many insurance companies offer options starting from 50 lakhs, 1 crore term insurance and higher. It allows individuals to choose coverage based on their income, liabilities and future plans.

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How Term Life Insurance Fits Into a Long-Term Plan

Once set up, term life insurance does not demand frequent attention.

It does not require active monitoring, market tracking or performance reviews. Its role is structural rather than dynamic.

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By ensuring financial continuity, it allows families to:

● stay aligned with long-term plans
● avoid rushed financial decisions
● focus on execution rather than damage control

When aligned correctly, term insurance strengthens the foundation on which investments, savings and retirement plans are built.

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Choose the Right Insurance Partner

Once the need, coverage amount and role of term life insurance are clear, the final and most important step is choosing the right partner.

This decision should be based on:

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● clarity and transparency in policy terms
● a strong claim settlement track record
● consistency in servicing and communication
● the ability to support long-term financial planning rather than just selling a product

Term life insurance is a long-term commitment. The partner you choose today will be the one your family relies on years down the line.

When protection is aligned with purpose and backed by a dependable insurer, term life insurance becomes a quiet but powerful part of a well-built financial plan.

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