Bandhan Term Insurance
- Flexible Death Benefit
- 99.66% CSR
- Premium Discount For Females
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Updated on Jul 07, 2025 9 min read
Bandhan Term Insurance offers you multiple term insurance plans based on the features, benefits, and eligibility criteria. Here are some of the term plans offered by Bandhan Term Insurance.
| Plan | Entry Age | Tenure | Min. Sum Assured | Unique Features |
|---|---|---|---|---|
| Bandhan Life Saral Jeevan Bima Plan | Minimum Age - 18 years Maximum Age - 65 years | Annually, half-yearly, quarterly & monthly | Base sum assured: 5 lakhs |
|
| Bandhan Life iTerm Comfort Plan | Minimum Age - 18 years Maximum Age - 65 years | Annual, half-yearly, quarterly & monthly | Base sum assured: 25 |
|
| Bandhan Life i-term Prime Plan | Minimum Age - 18 years Maximum Age - 65 years | Annual, half-yearly, quarterly & monthly | Base sum assured: 25 |
|
Here is a quick overview of the Bandhan Term Insurance Plans listed in the above table.
Bandhan Life Saral Jeevan Bima is a pure protection, simple, and easy to understand plan that offers a death benefit to your nominee in case of your demise. The plan comes with flexible premium paying terms and modes so that you can choose the best option for yourself.
Bandhan Life Saral Jeevan Bima is a pure protection, simple, and easy to understand plan that offers a death benefit to your nominee in case of your d...
Unique Features
Bandhan Life iTerm Comfort, from Bandhan Life Insurance Company, is a pure protection plan that offers a guaranteed lump sum payout in the event of yo...
Unique Features
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Bandhan iTerm Prime Plan is a pure protection term insurance plan that comes with affordable premiums. The plan has a minimum sum assured of 25 lakhs ...
Unique Features
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All you need to know about Term Insurance
Bandhan Term Insurance plans offer riders or add-ons that enhance the scope of your insurance coverage. Riders are extra benefits that can be added to your base policy at an additional cost, which is generally very minimal. In this section, we will discuss the riders available with Bandhan Life Term Insurance plans in points:
| 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. |
Bandhan Term Insurance is one of the most trustworthy and reliable insurer partners you can choose from. Here are the reasons why you should choose Bandhan Term Insurance Plans:
In case of unforeseen demise of the life insured during the policy term, Bandhan Life Term Plans offer guaranteed death benefit to the nominee.
Bandhan term insurance plans provide extensive coverage at affordable premiums, ensuring your family's complete protection without straining your finances.
Bandhan Life Term insurance policies offer a high coverage amount, which can range from a few lakhs to several crores of rupees.
Bandhan term insurance policies offer tax benefits under Section 80C and Section 10(10D) of the Income Tax Act of 1961.
Term insurance policies offer flexibility in terms of the policy term, coverage amount, and riders. You can plan your term insurance as per your needs.
Bandhan Life Term Insurance Plans offer various additional benefits to the policyholders.
Bandhan Life term plans offer flexible premium payment terms ranging from 10-15 years for limited term and 60 years for regular term.
Some Bandhan Life term insurance plans provide an option to exit your policy and get all your premiums back.
Bandhan Life term plans, such as iTerm Comfort, allow you to get all the premiums paid back as maturity benefits.
Bandhan Life term plans allow policyholders to choose the policy tenure that best suits their needs.
Bandhan Life term insurance offers a 5% online discount on the first-year premiums to its customers.
There are a plethora of Bandhan Life Term Plans based on their features, benefits, and premiums. You can select the one that best suits your requirements.
This plan only provides a death benefit to the nominee and comes at an affordable cost. No maturity benefit will be given.
This plan offers inbuilt coverage against accidents, disability, and death.
This plan offers affordable term insurance coverage along with flexible policy terms.
This plan offers inbuilt coverage against critical illnesses.
Here are the documents required to buy Bandhan Life Term Insurance:
Photo ID Proof (either of one) - Passport, Aadhaar card, PAN card, Driving License.
You can buy the Bandhan Term Insurance policy from Policyx.com or the Bandhan Term Insurance website.
Fill out the form at the top of this page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, and riders (if required), and then proceed to make the payment.
Visit the official website of Bandhan Life Insurance Company.
Click on ‘Buy Term Plan' on the navigation bar and select ‘Term Insurance Plans'.
Click on the ‘Buy Now' button and fill in the required details.
Tap on 'Next' and select a plan as per your requirements.
Select the cover option you want and make your payment.
Filing a claim for Bandhan Life Term is a simple and hassle-free task. You can easily fill and submit their claims online or offline. To file a claim for the Bandhan Term Plan, you need to follow the below-mentioned steps.
Inform the company about the incident via any of the channels- by writing an email at customer.care@bandhanlife.com, calling the toll-free number (1800-209-9090), filling out the online claim form on its website, or visiting the nearest branch.
Bandhan customer support staff will review your claim form and will assist you at every step. Their staff will next evaluate your claim and notify you if any papers are still pending.
After receiving all the documents and claim forms, the company will verify the details as per their norms. On successful completion, the claim will be settled and the amount will be transferred to the nominee's bank account and the same will be communicated to him/her over a call or an email.
You can submit your Bandhan Life Insurance claim by visiting one of Bandhan Life Insurance's branch offices. For the details of Bandhan Life Insurance branches, you can visit their website and locate the nearest branch. You have to submit the essential documents at the branch so that your claim can be processed.
If you have any more queries regarding Bandhan Term Insurance Plans,
Renewals, or Claim Procedures, contact our insurance experts at:
1800-4200-269 now!
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Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.
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