Bandhan Life

Overview

Since its inception in 2008, Bandhan Life Insurance Limited (formerly, Aegon Life*) has led the charge in transforming the insurance landscape in India. Focused on innovation and customer-centric solutions, the company aims to make insurance accessible, affordable, and straightforward for everyone.

Types of Products Offered

Here are some plans from Bandhan Life available on Bajaj Markets:

Plan	Premium
Bandhan Life iTerm Comfort	₹13,989* + ₹2,518 (GST)
Bandhan Life iTerm Prime	₹9,190* + ₹1,572 (GST)

*Premium mentioned above is for non-smoking 25-year-old salaried women with a coverage of up to ₹1,00,00,000 till 70 years. The premium can vary depending on circumstances and factors.

Contact Details

Here’s how you can get in touch with Bandhan Life in case of any queries:

Call (Toll-Free): 1800-209-9090
Email: customer.care@aegonlife.com

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Disclaimer:

Participation to buy insurance is purely voluntary. The contract of Insurance is between Bandhan Life Insurance Company Limited and the Insured and not between Bajaj Finserv and the Insured.

This policy is underwritten by Bandhan Life Insurance Company Limited. This is a non-linked non - participating term insurance plan. All terms and conditions are guaranteed throughout the policy term. GST and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. An extra premium may be charged as per our then existing underwriting guidelines for sub-standard lives, smokers or people having hazardous occupations, etc. The insurance cover for the life insured will commence on the policy issue date.

Life Insurance Coverage is available in this product. Please know the associated risk and applicable charges from your insurance agent or the intermediary or policy document of the insurer

For any information including cancellation, claims and complaints, please contact our Insurance Advisor/Intermediary or call 1800-209-9090 (9 am to 7 pm, Mon to Sat) or write to us at customer.care@aegonlife.com. Visit us at: www.aegonlife.com

Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfilment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Bandhan Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.

The brochure is not a Contract of Insurance. The precise terms and conditions of this plan are specified in the Policy contract

Buying a Life Insurance Policy is a long-term commitment. An early termination of the Policy usually involves high costs and the Surrender Value payable may be less than the all the Premiums Paid.

This plan is also available for sale through online mode. This product brochure should be read along with Benefit Illustration.

Bajaj Finserv Direct Limited is a registered corporate agent of Bandhan Life Insurance Company Ltd. For Bajaj Finserv Direct Limited, IRDAI Registration Number CA0551 and does not underwrite the risk or act as an insurer.

Is Bandhan Life an Indian company?

Yes, Bandhan Life is an Indian life insurance company.

Should I get a life insurance plan for Bandhan Life?

Yes, getting a life insurance plan from Bandhan Life is a great idea. Bandhan Life is one of India’s most trusted insurance providers. They have a claim settlement ratio of 99.37% for FY 2022-23.