Bandhan Term Insurance vs Acko Term Insurance Term Insurance 2026 | PolicyX
COMPANY DETAILS ✎ Edit

Bandhan Term Insurance

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Acko Term Insurance

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

Annual Premiums Collected (2024-25)

₹ 512.28 Cr

Annual Premiums Collected (2024-25)

₹ ₹64.05 crore
Payout Options

Payout Options

Lump sum, monthly, or a combination of both

Payout Options

Lump-Sum Payment, Fixed Monthly Payout, Increasing Monthly Payout, and Lump Sum + Monthly Income.
Claim ratio

Payout Options

99.66%

Payout Options

99.70%%
Solvency Ratio

Solvency Ratio

2.6

Solvency Ratio

1.96
Pan India Presence

Pan India Presence

130

Pan India Presence

200
Riders Available

Riders Available

Accidental Death Benefit Rider, Critical Illness Rider

Riders Available

Accidental Death Benefit, Accidental Total & Permanent Disability, Critical Illness Benefit
Inception year

Inception year

2008

Inception year

2016
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

0.155

Complaint ratio per ₹1 crore of premium collected

Not available
Average claim settlement time

Average claim settlement time

30 days

Average claim settlement time

15 days
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Types of Bandhan Term Insurance Plans

Every plan currently being sold by Bandhan Term Insurance, shown side-by-side so you can shortlist quickly.

Bandhan Life iTerm Comfort

Bandhan Life iTerm Comfort is a pure protection term plan, providing a guaranteed lump sum payout to nominees upon the policyholde... Read More

Unique Features

  • Comprehensive protection
  • Special exit value
  • 2 rider benefits
Sum AssuredEntry Age: 18 Years
Entry AgeMax Entry Age: 65 Years
View plan

Bandhan Life Saral Jeevan Bima

Bandhan Life Saral Jeevan Bima is a pure protection term plan designed for simplicity, offering a death benefit to the nominee. It... Read More

Unique Features

  • Flexible premium payment term
  • Affordable premiums
  • Tax benefits
Sum AssuredEntry age - 18 years
Entry AgeMax entry age - 65 years
View plan

Types of Acko Term Insurance Plans

Every plan currently being sold by Acko Term Insurance, shown side-by-side so you can shortlist quickly.

Term Insurance Articles

Quick Comparison with Other Insurers

NG
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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