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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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  • Yes
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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
  • 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 20, 2022
  • Easy premium calculation

    At InsuranceDekho I was easily able to calculate the premium of a term insurance policy based on my age, gender, sum assured, and policy term. The online premium calculator displayed several term insurance quotes which helped me compare them easily. After comparing, I purchased an Aegon i-Term plan from InsuranceDekho. 

    V
    Vasu
    On: Jan 18, 2022
  • Amazing services provided

    I was not able to renew my Aegon I-Term plan on my own, I had to contact the helpdesk to get assistance to renew my term plan. The customer care executive helped me renew my term plan. I appreciate the efforts and services provided by InsuranceDekho. 

    F
    Firoza Sakib
    On: Jan 17, 2022
  • Easy premium calculation

      At InsuranceDekho I was easily able to calculate the premium of a term insurance policy based on my age, gender, sum assured, and policy term. The online premium calculator displayed several term insurance quotes which helped me compare them easily. After comparing, I purchased an Aegon i-Term plan from InsuranceDekho. 

    V
    Vinesh Simha
    On: Jan 13, 2022
  • Hassle-free claim settlement

    It was very easy to file a claim with InsuranceDekho. The instructions were clearly mentioned on the website. I filed a claim for Aegon’s i-Term plan at the InsuranceDekho’s website. I must say that the claim was settled without any hassles and before the anticipated time. I am very impressed with InsuranceDekho’s services.

    S
    Sanjiv Mona
    On: Jan 05, 2022
  • Hassle-free renewal

    I renewed my Aegon i-Term insurance plan from InsuranceDekho and I must say the process was very convenient and time-saving. It took me a few minutes to renew the policy without any paperwork on the website.

    P
    Pooja Bhasin
    On: Dec 30, 2021
  • Secured payments

    Recently I purchased an Aegon i-Term plan from InsuranceDekho’s website. InsuranceDekho ensures the privacy of its customers, the payments are completely secure and encrypted. The payments require two-step authentication. I am very satisfied with my purchase with InsuranceDekho.

    H
    Harsh Lamba
    On: Dec 28, 2021
  • Multiple riders

    I wanted to purchase a good rider for my term insurance policy which will help me enhance the coverage of my existing Aegon i-Term insurance policy. InsuranceDekho provided me good information about the riders and I was able to choose a suitable rider for my policy without any hassle.

    M
    Mayank Arora
    On: Dec 23, 2021
  • Hassle-free and timely claim settlement

    I filed a claim for the Aegon i-Term plan on InsuranceDekho’s website, it was very easy to file a claim with the help of InsuranceDekho. The claims teams helped through every step and updated me. The claim was settled before the expected time. InsuranceDekho offers hassle free and timely claim settlement.

    N
    Nihal Vidur
    On: Dec 21, 2021
  • Paperless policy issuance

    I am very satisfied with the services provided by InsuranceDekho. I purchased Aegon i-Term plan from InsuranceDekho, the entire policy issuance process was hassle-free, time saving and paperless.

    M
    Mohak Nagpal
    On: Dec 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.