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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
  • Got a good term plan

    I was planning to purchase a term insurance plan but I had very little information about term insurance. InsuranceDekho’s website helped me conduct a thorough research, I got to know about factors affecting premium, types of term insurance plans and also got to know how to choose a good term plan. I purchased the Aegon i-Term plan. 

    H
    Harsh Gujral
    On: Feb 02, 2023
  • High claim settlement ratios

    After good research to purchase a good term insurance plan, I found a list of insurance companies based on the claim settlement ratios at InsuranceDekho. This list helped me choose an insurance provider I can fully rely on. Finally, I purchased an Aegon i-Term plan. 

    N
    Nishant Singh
    On: Jan 30, 2023
  • Purchased at ease

    I bought the Aegon I term plan from the InsuranceDekho website. I could purchase it at ease. I had to follow certain easy steps to purchase it with the proper guidance of the executive and the team. The plan is a must-buy. Thanks to the team! 

    A
    Archi Batra
    On: Jan 25, 2023
  • Found some of the best insurance companies

    On the InsuranceDekho website, I discovered a list of insurance providers ranked by claim settlement ratio. I learned about the importance of claim settlement ratios while shopping for a term plan on the internet. After conducting extensive research, I purchased the Aegon term plan. 

    A
    Ayushi Madhukar
    On: Jan 09, 2023
  • I bought it without hesitation.

    The purchasing process on the InsuranceDekho website is straightforward. I purchased the Aegon term plan from their website. The procedure was simple and straightforward. I was able to buy it in a short amount of time.

    D
    Dhwani Sharma
    On: Jan 04, 2023
  • Impressed by their customer care service

    While buying the Aegon i-Term plan from the InsuranceDekho website, I found it tough to buy it. I contacted customer care service and they solved all my queries. I finally have a plan I was looking for for so long. Satisfied with the purchase 

    A
    Aprajita Pandey
    On: Jan 02, 2023
  • Top insurance companies listed

    The InsuranceDekho website has a list of all the top insurance companies which helped me look for an appropriate plan. After viewing everything, I decided to buy the Aegon I term plan. The plan offers all the necessary benefits and is worth buying. 

    A
    Anupam Gupta
    On: Jun 23, 2022
  • Good-to-go plan

    Aegon Life iTerm Insurance plan is excellent. It includes all of the features that one would expect from a solid term insurance policy. It makes me happy and fulfilled. This plan was purchased on the InsuranceDekho website. 

    N
    Nishtha Tanwar
    On: May 06, 2022
  • Chat box feature

    The InsuranceDekho website has a chat box facility.  I used it while buying the Aegon ITerm plan. I got to know the various benefits that the plan offers through this feature. I would recommend this plan to all. 

    T
    Tanvi Aggarwal
    On: Apr 26, 2022
  • Well managed website

    I bought the Aegon ITerm plan from the InsuranceDekho website. The website is so well managed that it was easy for me to navigate the things on the website. The plan offers various benefits and features which convinced me to go with this plan. 

    P
    Pavleen Kaur
    On: Apr 15, 2022

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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.