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Bandhan Life Insurance

144 reviews Rate This
Bandhan Life Insurance
Claim Settlement Ratio99.37%
Death Benefit Paid For274 policies
Total Death Benefit Paid86.14 Crore

Bandhan Life Insurance Company, formerly known as Bandhan Life Insurance Company, was founded in 2008 through a collaboration between Bandhan N.V. and The Times Group. This partnership brought together the expertise of Bandhan, an international financial services provider, and the media conglomerate The Times Group.

Since its inception, the insurance provider has been dedicated to meeting the diverse financial needs of its customers and assisting them in achieving their long-term financial goals. The company offers a range of insurance plans, including Term Insurance plans, Unit Linked Insurance Plans (ULIPs), Health Insurance, and Savings Plans.

Types of Bandhan Life Insurance Plans

Bandhan Life offers a wide range of plans to choose from. Following are the types of life insurance plans offered by the insurance company:

  1. Term Insurance Plans: Bandhan Life offers many term insurance plans which comprise Bandhan Life Saral Jeevan Bima, Bandhan Life iTerm Plan, Bandhan Life Group Term Plus Insurance Plan, Bandhan Life Group Credit Shield Insurance Plan, and Bandhan Life Rural Term Insurance Plan.
  2. Savings Plans: Bandhan Life Insurance offers four savings plans namely Bandhan Life POS-GRIP, Bandhan Life Jeevan Riddhi Insurance Plan, Bandhan Life Regular Money Back Insurance Plan, and Bandhan Life Insta Pension Insurance Plan.
  3. Unit-Linked Insurance Plans: Bandhan Life Insurance offers two ULIPs namely Bandhan Life iInvest Plan and Bandhan Life iMaximize Plan which provides a blend of protection and market linked returns.
  4. Health Insurance Plans: Bandhan Life Insurance provides a health insurance plan with the name Bandhan Life Group Health Plan.

Term Life Insurance Premium Calculator


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Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

User Reviews

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What users are saying
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  • Personalised Follow-up

    I was impressed by InsuranceDekho's personalized follow-up after I purchased my Aegon Life Insurance policy. Their genuine concern for my well-being stood out, showcasing exceptional customer engagement. Thank you, InsuranceDekho, for delivering such outstanding service.

    By Vishal Tanwar
    On: Mar 05, 2024
  • Nice Features

    Purchasing a life insurance policy from InsuranceDekho was easy and smooth. The InsuranceDekho company provides excellent features like anytime assistance, free consultation at home, a policy tracker, and many more useful features. Through their customer-centric facilities, I was able to purchase an Aegon Life Insurance Plan with ease. Thank you InsuranceDekho team for helping me out with the process.

    By Chetna Pandey
    On: Feb 07, 2024
  • Dedicated Customer Team Suppor...

    The team of InsuranceDekho helped me with important information when I was buying the Aegon Life Insurance plan with them. They helped me understand all about the Aegon Life Insurance Plan in a better way.

    By Vinod Tiwari
    On: Dec 11, 2023
  • Friendly support team

    The support team of InsuranceDekho was extremely helpful when I was buying the Aegon Life Insurance Policy. They provided me with the right guidance and made it easy for me to buy the same from InsuranceDekho. 

    By Rajesh Puri
    On: Nov 22, 2023
  • User-Centric Approach

    I recently switched to the Aegon Life Insurance Policy from  InsuranceDekho. The plan focuses on the user's needs and preferences, which is evident in the way their website is designed and the services they offer.

    By Nitin Kumar
    On: Nov 02, 2023

Life Insurance News


  • What Life Insurance plans are offered by Bandhan India?

    Bandhan Life Insurance offers various insurance plans such as Term Insurance, ULIPs, Health and Savings Plans.

  • Why should I choose Bandhan Life Insurance?

    Bandhan Life Insurance offers various insurance plans such as Term Insurance, ULIPs and Savings Plans. Bandhan Life is a trusted brand and has featured a high claim settlement ratio of 98.01% in the FY 2019-20.

  • What are the benefits of purchasing Bandhan Life Term Insurance Plans?

    Bandhan Life strives to provide the best insurance plans, the benefits offered by Bandhan Life while purchasing term plans are as follows:

    • No paperwork required
    • Hassle-free claim process
    • Get a quote in a matter of seconds
    • The plan provides lifelong coverage
    • 36 optional critical illness cover
    • Availability of 100% cover for Terminal Illness
    • Availability of Accidental Death Cover
    • Availability of Waiver of Premium Option.
  • When will my Bandhan Life Insurance policy get issued?

    Bandhan Life Insurance policies are issued quickly within 2 days after receiving all the required documents and medical records.

  • Can I change my term insurance plan after I purchase it?

    Contact details, payment mode and frequency can be changed in a term insurance plan after your purchase. Although you cannot change the sum assured amount and policy tenure once the policy has been bought.