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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
  • 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: Nov 24, 2021
  • User friendly platform

    InsuranceDekho is a very user friendly platform from where I purchased Aegon i-Term plan. I was able to compare several term plans within minutes that fit my budget and requirements. The InsuranceDekho’s website is easy to navigate and user friendly. Instructions to purchase, file a claim or renew your policy are also mentioned on the website.  

    S
    Shyla Thundayal
    On: Nov 23, 2021
  • Good customer service

    I was not able to purchase the Aegon i-Term insurance plan from InsuranceDekho’s website. I called the helpdesk number of InsuranceDekho, the customer service specialist helped me through every step and made it very easy for me to purchase the policy. 

    V
    Vivek Soni
    On: Nov 18, 2021
  • Best term plans offered

    I could find some of the best term plans on InsuranceDekho’s website. The company offers term plans from leading insurance providers and offers an amazing tool which helps me compare plans. I purchased an Aegon i-Term plan from InsuranceDekho. 

    I
    Ivy Ritula
    On: Nov 16, 2021
  • Completely hassle free policy issuance

    Bought Aegon i-Term plan from InsuranceDekho. I was worried that I wouldn’t receive the policy details or a soft copy of policy documents on time. Within minutes of making payment the policy details were sent to my email ID, shortly after that soft copy of the policy documents were also sent to email ID. Completely hassle-free policy issuance from InsuranceDekho. ...

    P
    Pallavi Handa
    On: Nov 11, 2021
  • 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: Nov 09, 2021
  • High claim settlement ratios

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

    Y
    Yashvi Saluja
    On: Nov 03, 2021
  • Thanks InsuranceDekho

    I was looking for a good savings plan when I found the Aegon Life Jeevan Riddhi Insurance Plan. I must say that I have found the perfect plan according to my needs and all thanks to InsuranceDekho I have a reliable solution by my side. 

    R
    Rachna Puri
    On: Oct 28, 2021
  • Dedicated customer assistance

    InsuranceDekho’s customer assistance team is quite knowledgeable and well-spoken. I had some issues while renewing my Aegon’s i-Term plan so I called the toll-free helpline number of InsuranceDekho. The customer care teams understood my point and helped me renew my term insurance policy. 

    V
    Vijayent Mehra
    On: Oct 27, 2021
  • Premium was easy to calculate

    I was interested in purchasing Aegon’s i-Term plan. I must say that the online premium calculator tool helped me make a purchasing decision as it helped me compare several term insurance plans according to my requirements and budget. Finally, I purchased the plan after comparing. 

    E
    Emran Deo
    On: Oct 26, 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.