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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

Date of Birth

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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
  • Secure payments

    While purchasing Aegon Term Insurance Policy I was a little skeptical about entering my card details on the website but I was highly impressed by the different payment gateway options available that assured me that the payment is completely secure.

    P
    Parmeet Chandok
    On: Aug 08, 2023
  • Hassle-free policy issuance

    Bought the Aegon Term Insurance Policy from InsuranceDekho. The purchasing process was quick and completely hassle free and the policy details were sent immediately after the payment. The policy issuance is hassle-free. Extremely easy to purchase a term plan from InsuranceDekho. 

    V
    Vanshika Bist
    On: Jul 31, 2023
  • Family-Friendly Coverage Options

    InsuranceDekho's term insurance policies cater to families with various needs. The family-friendly coverage options make it a reliable choice for safeguarding loved ones. After much deliberation, I bought the Aegon Term Insurance Policy for my family.

    S
    Samrat Saini
    On: Jul 20, 2023
  • No unnecessary steps

    There were no unnecessary steps involved when I was buying the Aegon Term Insurance Policy from InsuranceDekho. By completing a few relevant steps, I was easily able to buy the Aegon Term Insurance Policy from InsuranceDekho.

    M
    Mansie Khandelwal
    On: Jul 17, 2023
  • Efficient Policy Renewal Process

    InsuranceDekho's policy renewal process for my Aegon Term Insurance Policy was incredibly efficient. They sent timely reminders and made the renewal process straightforward and hassle-free. 

    H
    Hema Vasandhani
    On: Jul 13, 2023
  • Hassle-Free Claims Process

    When it comes to term insurance, a smooth and hassle-free claims process is crucial. I had a positive experience with my Aegon Term Insurance Policy during a recent claim. They were prompt, efficient, and compassionate. InsuranceDekho’s professionalism made things a little easier. Reliable and trustworthy!

    N
    Netra Sharma
    On: Jun 28, 2023
  • Competitive Premiums

    When comparing different term insurance policies, I found that the premiums offered by the Aegon Term Insurance Policy from InsuranceDekho were highly competitive. The coverage provided is excellent considering the affordability of the premiums. It's a great value-for-money option.

    D
    Dhawal Oza
    On: Jun 26, 2023
  • List of top insurance companies

    The website of InsuranceDekho had a detailed list of the best insurance companies. Along with this, a number of plans were also available. So, I bought the Aegon Term Insurance Policy from InsuranceDekho.

    S
    Sourabh Negi
    On: Jun 21, 2023
  • Transparent Terms and Conditions

    I appreciated the transparency of the terms and conditions explained while buying the Aegon Term Insurance Policy from InsuranceDekho. There were no hidden clauses or surprises, and everything was clearly explained. It gave me confidence in the policy and the company.

    M
    Monica Dabbral
    On: Jun 14, 2023
  • Clarity from the Start

    The process for purchasing the Aegon Term Insurance Policy from InsuranceDekho was refreshingly transparent. From the beginning, I had a clear understanding of the requirements and the factors considered for assessing my eligibility. The transparency in the process provided me with confidence and trust in the policy, knowing that it was based on clear and fair criteria.

    N
    Navya Bhatia
    On: Jun 12, 2023

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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.