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

Pramerica Term

✎ Edit

Bandhan Term Insurance

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

Annual Premiums Collected (2024-25)

₹ 2074.43 crores

Annual Premiums Collected (2024-25)

₹ 512.28 Cr
Payout Options

Payout Options

Lump sum, monthly, or a combination of both

Payout Options

Lump sum, monthly, or a combination of both
Claim ratio

Payout Options

99.18%%

Payout Options

99.66%
Solvency Ratio

Solvency Ratio

2.33

Solvency Ratio

2.6
Pan India Presence

Pan India Presence

134

Pan India Presence

130
Riders Available

Riders Available

Accelerated Benefit Rider, Waiver of Premium Rider, Children's Term Insurance Rider, Return of Premium Rider, Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider

Riders Available

Accidental Death Benefit Rider, Critical Illness Rider
Inception year

Inception year

2008

Inception year

2008
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

0.039

Complaint ratio per ₹1 crore of premium collected

0.155
Average claim settlement time

Average claim settlement time

15 days

Average claim settlement time

30 days
Recommended Videos
Pramerica Term Insurance Plans Overview

Pramerica Term Insurance Plans Overview

All you need to know about Term Insurance

All you need to know about Term Insurance

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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

Term Insurance Articles

Quick Comparison with Other Insurers

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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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