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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

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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
  • Knowledgeable Agents -

    The agents at the InsuarnceDekho customer care are responsive and knowledgeable. They are readily available to answer my questions whether it is in regard to my Aegon Term Insurance Policy or in general. They provide guidance and assist with any policy-related inquiries.

    S
    Sharan Mahajan
    On: Jun 07, 2023
  • The policy was issued in no time

    I recently bought the Aegon Term Insurance Policy from InsuranceDekho and was so happy to see that the policy was issued immediately. Once my application was submitted and approved, they promptly issued the policy documents, ensuring that I had immediate coverage in place. 

    A
    Alena Husain
    On: Jun 05, 2023
  • Long-Term Planning Made Easy

    With the Aegon Term Insurance Policy, long-term financial planning has become simple and straightforward. I appreciate the ability to choose the term length that suits my needs, allowing me to align coverage with my goals. I took this plan from the InsuarnceDekho website while going through many providers. 

    A
    Ajeet Meher
    On: May 29, 2023
  • Excellent coverage with a reasonable price

    I've had my Aegon Term Insurance Policy for a few years now, and I couldn't be happier with my decision. The policy offers excellent coverage at a reasonable price. It's good to know that my family will be financially secure if something were to happen to me. I highly recommend this policy to everyone. I purchased this policy from InsuarnceDekho.

    P
    Poonam Thakur
    On: May 25, 2023
  • Robust customer care service

    The InsuranceDekho website's customer service is outstanding. I purchased the Aegon Term Insurance Policy from InsuranceDekho and I required some assistance at the time of purchasing the plan. I called the helpline number, and the customer care executive was quite pleasant to work with and assisted me in completing the procedure quickly.

    B
    Bhavna Maurya
    On: May 18, 2023
  • 100% digital experience

    I enjoyed a 100% digital experience when I was buying the Aegon Term Insurance Policy from InsuranceDekho. As I was buying the term plan online mode, I was able to submit all the relevant documents online. 

    U
    Uma Thakkar
    On: May 16, 2023
  • Budget-friendly plan

    I wanted to buy a life insurance plan but my budget was limited. But, on the InsuranceDekho website, I was able to find a number of budget-friendly plans and thus I eventually bought the Aegon Term Insurance Policy from InsuranceDekho. 

    S
    Shailesh Misra
    On: May 09, 2023
  • Various plan options

    There are many plan options available to choose from on the InsuranceDekho website. I recently visited them and chose the Aegon Term Insurance plan from their website. The plan is unique in itself and offers varied features and benefits. Loved the plan. 

    B
    Bhaskar Debnath
    On: May 04, 2023
  • Timely assistance from the executives

    I contacted InsuranceDekho’s team because I had some queries related to my Aegon Term Insurance Plan.  The customer care team reached out to me quickly and helped me resolve my queries regarding my policy. I am very thankful to InsuranceDekho for the services provided. 

    S
    Sunil Singh
    On: Apr 27, 2023
  • I got instant updates

    As soon as I bought the Aegon Term Insurance plan from InsuranceDekho, I received an instant update that I had successfully bought the policy. I was notified about it in my email and my policy was issued in a matter of no time, thus saving a lot of time as a whole. 

    K
    Kiara Sen
    On: Apr 25, 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.