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Bandhan Life Insurance User Reviews

134 reviews Rate This
Highlights
Claim Settlement Ratio99.37 %
Customer Care9:00 AM to 7:00 PM
Death Benefit Paid For274 policies
Total Death Benefit Paid86.14 Crore

Term Life Insurance Premium Calculator

Gender

  • Male
  • Female

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Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best Bandhan Life Insurance Plans

1 Crore
1.5 Crore
2 Crore
2.5 Crore
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.51%
Starting From 682/Month
Claim Settlement
Key Features:
  • Right Green Tick Zero Cost Benefit
  • Right Green Tick Terminal Illness
  • Right Green Tick Nominee's Choice payout
  • Right Green Tick Voluntary Top Up
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 95.28%
Starting From 812/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Waiver of Premium on Disability
  • Right Green Tick Terminal Illness
  • Right Green Tick Life Stage Benefit
  • Right Green Tick Special Exit Benefit
  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.39%
Starting From 771/Month
Claim Settlement 24hr Claim Settlement
Key Features:
  • Right Green Tick Terminal illness
  • Right Green Tick Special Exit - Option to get your premiums back
  • Right Green Tick Renewability Option
See More Plans
Rating of Bandhan
4.7
Based on
134 User reviews
  • Excellent customer care services

    The customer care team of InsuranceDekho are extremely knowledgeable and professional. The team provides effective solutions. I had my doubts before purchasing Aegon's iTerm plan, but the customer care executive was able to clear my doubts and I finally purchased the term plan. 

    V
    Vikas Narang
    On: Aug 11, 2021
  • Easy premium calculation

    InsuranceDekho helped me understand the premium calculation on the basis of type of plan, daily habits, coverage term, coverage amount, medical history, age and gender. I took all these factors into account while comparing the term plans through InsuranceDekho Term Insurance Premium Calculator and I purchased Aegon iTerm plan. 

    S
    Shalini Mehta
    On: Aug 10, 2021
  • Top insurance company listed

    InsuranceDekho has listed some of the top insurance companies. The information related to the companies and the plans offered by them helps you choose the best insurance company and the best term plan. I purchased an Aegon iTerm Insurance plan.

    S
    Satyajit Seshu
    On: Aug 04, 2021
  • Policy issued quickly

    The policy issuance at InsuranceDekho is hassle-free and instant. I recently got an Aegon Life iTerm Plan issued without any inconvenience. Really happy with the entire team for putting efforts to help customers at every step. 

    S
    Seema Dewan
    On: Aug 03, 2021
  • Easy claim settlement

    Claim settlement at InsuranceDekho is very smooth, the team provides a seamless experience guide step by step for the claim settlement. I filed a claim for the Aegon Life iTerm Insurance plan very easily and quickly. 

    S
    Shresth Hansraj
    On: Jul 28, 2021
  • Simple plan

    Ever since I have purchased my Aegon Life iTerm Plan, I am satisfied. The plan is simple and comes at a minimal premium rate. I got my plan issued a few days back with the help of the InsuranceDekho team. Thanks to them for so much help!

    J
    Jaspreet Singh
    On: Jul 26, 2021
  • Got the best quotes

    I was looking for term insurance plans when I found the InsuranceDekho platform. Glad to inform you that I got the best quotes on the site. Finally, after complete analysis and consultation from the team, I bought my Aegon iTerm Insurance Plan.   

    N
    Neeraj Adhlakha
    On: Jul 23, 2021
  • Issuance process was transparent

    The issuance process of Aegon Life iTerm Plan on InsuranceDekho was very transparent. Be it policy overview or premium payment, every step was clear and simple.  I got the best possible service. 

    A
    Akshat Pandey
    On: Jul 21, 2021
  • Quick issuance

    My experience of buying the Aegon Life Saral Jeevan Bima plan was hassle-free. The InsuranceDekho team was there to help me with the issuance process, which was quite easy and did not take much time. I would definitely recommend InsuranceDekho to all in my known. 

    K
    Kundan Singh
    On: Jul 16, 2021
  • Premium calculation was easy

    Before buying an Aegon policy, I used the premium calculation at the website of InsuranceDekho. I would like to say that the premium calculator for term insurance was easier to use than I expected it to be. 

    H
    Harsh Kumar
    On: Jul 14, 2021

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Bandhan Life Insurance Contact Details

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Claim Process at Bandhan Life Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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FAQs

  • What will I get if my Bandhan Life Term Insurance policy matures?

    Bandhan Life Term plan does not have a maturity benefit. The benefits will be paid out to the policyholder family in case of his/her death or to the policyholder in case if he/she is diagnosed with a terminal illness. If the policyholder chooses the critical illness benefit, the benefits would be paid out to the policyholder if he/she is diagnosed with any of the listed 36 critical illnesses.

  • 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.

  • 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. 

  • 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.
  • 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.