Bandhan Life iTerm Comfort

Overview

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 your unfortunate demise.

With this plan, you can get protection throughout your earning years, along with add-on riders for Accidental Death and 36 Critical Illnesses.

Key Benefits of Bandhan Life iTerm Comfort

• Long-term protection
• Assured life cover with lump sum payout
• Flexible premium policy term
• Inbuilt critical illness cover
• Inbuilt accidental death benefit cover
• Tax benefits as per law

Benefits

Riders Associated with Bandhan Life iTerm Comfort Term Plan

You can add the following riders to your iTerm Comfort plan:

• Bandhan Life Accidental Death Benefit Rider: Provides a lump-sum payout equal to the rider's sum assured in case of the policyholder's death due to an accident.
• Bandhan Life Critical Illness Rider: This rider provides a lump-sum payout and/or waiver of premium upon diagnosis of any of the 36 listed critical illnesses.

Features

Death Benefit

The plan provides a guaranteed death benefit to the nominee in case of the unfortunate demise of the life insured during the policy term.

Enhanced Protection

Bandhan iTerm Comfort Plan offers protection against 36 critical illnesses.

Flexible Terms

This plan offers flexible policy and premium payment terms.

Riders Availability

Two riders are available for enhanced protection with your base plan.

Exclusions

• Suicide during the first 12 months of policy inception.
• Death occurring due to a pandemic.
• Injuries or illnesses caused due to any type of adventure sports.
• Death due to consumption of drugs or alcohol, except for clinical purposes.
• Any pre-existing disease not disclosed at the start of the policy.

Additional Plan Details

Special Exit Value (SEV)

You can exit from this plan once your insurance need is over. This feature is available only once you attain the age of 55 years.

Death Benefit

Bandhan iTerm Comfort Plan offers a death benefit to the nominee in case of the unfortunate demise of the life insured during the policy tenure.

Tax Benefit

Bandhan iTerm Comfort offers tax benefits for up to ₹1.5 Lakhs under Section 80C and up to ₹2.5 Lakhs under Section 10(10D) of the Income Tax Act 1961.

Riders Protection

With Bandhan iTerm Comfort, you can add 2 riders to your plan for coverage against accidental death and 36 critical illnesses.

Conclusion

Bandhan iTerm Comfort is a pure term insurance plan offering death benefits. It is a simple plan with affordable premiums and an option to enhance protection against accidental death and 36 critical illnesses. To learn more about the Bandhan Life iTerm Comfort plan or other services, contact our insurance experts at PolicyX.com by calling 1800 420 0269. Our experts will resolve your insurance queries and suggest the best term insurance plan for you.