Bandhan Life vs Canara Hsbc Life Life Insurance 2026 | PolicyX
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Bandhan Life

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Canara Hsbc Life

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

₹ 512.28 crores

Annual Premiums Collected (2024-25)

₹ 027.46 crore
Payout Options

Payout Options

Lump sum, regular frequencies or a combination of both

Payout Options

Lump sum, regular frequencies, or a combination of both.
Claim ratio

Payout Options

99.66%%

Payout Options

99.43%%
Solvency Ratio

Solvency Ratio

2.69

Solvency Ratio

2.06
Pan India Presence

Pan India Presence

130+

Pan India Presence

100+
Riders Available

Riders Available

Bandhan Life AD Rider, Critical Illness Rider, Accidental Total and Permanent Disability (ATPD) Rider, Waiver of Premium Rider, Income Benefit Rider, Terminal Illness Benefit

Riders Available

Accidental Death Benefit, Child Care/Child Support benefits, Accidental Total & Permanent Disability (ATPD), Accidental Total & Permanent Disability Premium Protection Plus, Terminal Illness Cover, and Block Your Premium.
Inception year

Inception year

27,160.06 cr

Inception year

-
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

-

Complaint ratio per ₹1 crore of premium collected

-
Average claim settlement time

Average claim settlement time

-

Average claim settlement time

-
Recommended Videos
Bandhan Life iTerm Prime || Bandhan Life i Term Prime Term Plan || Best Term Plan in India

Bandhan Life iTerm Prime || Bandhan Life i Term Prime Term Plan || Best Term Plan in India

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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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