Bandhan Life Insurance
Claim Settlement Ratio | 99.66% |
Customer Care | 9:00 AM to 7:00 PM |
Death Benefit Paid For | 274 policies |
Total Death Benefit Paid | 86.14 Crore |
Bandhan Life Insurance is a joint venture between Bandhan NV and Bennett, Coleman and Co. Ltd.. The insurer offers multiple term life insurance products with great benefits and features. Bandhan Life Term insurance plans are affordable and cater to the different needs of the customer. Bandhan Life Insurance featured a claim settlement ratio of 99.66% in the FY 2023-2024, which depicts the ability of the insurance company to settle the claim.
Bandhan Life Term Insurance Plans
Bandhan Life Insurance offers several term insurance plans which are listed below:
- Bandhan Life iTerm Comfort
- Bandhan Life iTerm Prime
- Bandhan Life Saral Jeevan Bima
Term Life Insurance Premium Calculator
Gender
- Male
- Female
Date of Birth
Do you smoke or chew tobacco?
- Yes
- No
Choose required coverage to secure your family’s future
Best Bandhan Life Insurance Plans
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.7%
- Revised Zero Cost Benefit
- Terminal Illness
- Cover Continuance Benefit
- Insta-Payment on Claim Intimation
- Nominee's Choice payout
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.2%
- Waiver of Premium on Disability
- Terminal Illness
- Life Stage Benefit
- Special Exit Benefit
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.4%
- Terminal illness
- Special Exit - Option to get your premiums back
- Renewability Option
Best Term Insurance Plans In India
Popularly Opted Term Insurance Sum Assured
Claim Process at Bandhan Life Insurance
Why to Buy Term Insurance Policy Online from InsuranceDekho
- Tax benefit upto 1,50,000*
- Claim support everyday 10AM-7PM
- 80 Lacs+ happy customers
FAQs
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Can I make changes to my Bandhan term policy after I buy it?
No, policy terms and the premium amount cannot be changed once the policy is bought.
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Are terrorist attacks covered under the Bandhan life term insurance policy?
Yes, death due to terrorist attacks is covered under the Bandhan term plan. The death benefit can be claimed by the policyholder nominee or the legal heir.
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How much life cover should I select when I buy an Bandhan term plan?
Your ideal life cover amount should depend upon your financial situation. Income and Liabilities should be taken into consideration. The basic rule to select your life cover is:
- At age 30 years, life cover should be 20 times your annual income.
- At age 40 years, life cover should be at 15 times your annual income.
- At age 50, your life cover should be 10 times your annual income.
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What is Critical Illness Cover?
Critical illness cover is an additional benefit rider available with Aegon term plan which will provide the policyholder with a lump sum payout if diagnosed with listed 36 critical illnesses. There are no restrictions on hospitals or against any expenses incurred.