Compare

Bandhan Life vs Edelweiss Tokio Life

Bandhan Life

Bandhan Life Insurance is one of the major player transforming the insurance sector in India. The company aims to make insurance accessible, affordable, and straightforward for everyone.

Edelweiss Tokio Life

Edelweiss Life is a subsidiary of Edelweiss Group incorporated in the year 2011. It is an association between Edelweiss financial service limited and Life Marine Holdings Inc.

COMPANY DETAILS

Bandhan Life

Edelweiss Tokio Life

Rating	Rating 4.6	Rating 4.6
Number of life insurance plans and add-ons	No. of Plans -	No. of Plans -
Annual Premiums Collected (2023-24)	Annual Premiums Collected (2023-24) Rs. 369.95 Cr	Annual Premiums Collected (2023-24) 1690.47 crores
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	Claim ratio 99.03%	Claim ratio 99.02%
Solvency Ratio	Solvency Ratio 3.1	Solvency Ratio 2.1
Branches	Branches 130+	Branches 109+
Riders Available	Riders Available Accidental Death Benefit Rider, Critical Illness Rider	Riders Available Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider, Critical Illness Rider
Policy Term	Policy Term 5 to 40 years	Policy Term 10 to 62 years

Know More About Companies

Overview

Bandhan Life Insurance

Bandhan Life Simplifying Insurance for Every Indian. Since its inception in 2008, Bandhan Life (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. Bandhan Life Insurance offers a range of insurance plans such as: Savings, ULIP, Guaranteed, Child and so on. You can check Bandhan Life Insurance policy status via their website.

Bandhan Life Insurance Company ensures to look after your insurance needs by offering:

Tailor-made Plans
Digital Excellence

Customer Centric
Partnered with Bank of Baroda and Union Bank of India

Riders

Riders You Can Avail With Bandhan Life Insurance Plans

Name of the Rider	Benefits
Bandhan Life Accidental Death Benefit Rider	This rider provides an additional payout in case of the policyholder's death due to an accident. The payout amount is usually a multiple of the sum assured chosen at the time of policy purchase.
Bandhan Life Critical Illness Rider	This rider provides a lump sum payout to the policyholder in case of the diagnosis of a listed critical illness.

Consult for Personalized Insurance Advice

But how does it work?

Schedule a call with India’s number 1 trusted advisor with a 4.5+ rating on Google. We are not your average insurance agents. Our advisors are experts in their insurance knowledge and will give you the right information at the right time. The service is free of cost! Don’t worry, we won’t spam as we value your time.

Other Life Insurance Companies

Life Insurance
Term Insurance

LIC Of India

Hdfc Life Insurance

Icici Prudential Life Insurance

SBI Life Insurance

Max Life Insurance

TATA AIA Life Insurance

Pnb Metlife India Insurance

Bajaj Allianz Life Insurance