Sud Life vs Bandhan Term Insurance

  • Multiple policy tenure to choose from
  • Premiums starting @Rs 15/day
  • 30-day grace period
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Sud Life vs Bandhan Term Insurance

Sud Life

Star Union Dai-ichi Life Insurance is a joint venture between Bank of India, Union Bank of India and Dai-ichi holdings with 19000+ bank branches and 15 million customers.

Bandhan Term Insurance

Bandhan Life also known as Aegon Life Insurance is one of the best term insurance provider that has served more than 5 million customer till date.

COMPANY DETAILS Edit SUD Term Insurance Company

Sud Life

Edit Bandhan Term Insurance

Bandhan Term Insurance

Rating
Number of term insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

Rs 5746.37 Cr

Annual Premiums Collected (2023-24)

430.91 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

97.42%

Payout Options

99.66%
Solvency Ratio

Solvency Ratio

2.2

Solvency Ratio

2.5
Pan India Presence

Pan India Presence

11k branches

Pan India Presence

150
Riders Available

Riders Available

Accidental Death and Total & Permanent Disability Benefit Rider

Riders Available

Accidental Death Benefit Rider, Critical Illness Rider
Policy Term

Policy Term

5 to 40 years

Policy Term

5 to 70 years

Know More About Companies

Overview

SUD Life Term Insurance: Overview

Star Union Dai-Ichi Life Insurance offers 3 term insurance plans to suit your different needs: Saral Jeevan Bima, Life Protect Shield, and Life Protect Shield Plus. These plans protect your family's financial future if you pass away untimely during the policy term.

SUD Life Term Plans are designed to protect your family financially even in your absence. It is a reputed and trusted name in the insurance sector. SUD Life Term Plans offer a range of benefits including affordable premiums, high sum assured, flexible payout options, longer coverage, etc. These plans come with additional rider benefits including Accidental Death and Total and Permanent Disability Rider and Family Income Benefit Rider. You can choose a life cover ranging from 5 lakhs to 5 crores as per your financial needs and requirements.

What are some of the
Benefits
that set them apart?

  • Stay Protected with a life cover.

  • Get back all your premiums at maturity.

  • Protection against 40 critical illnesses.

  • Tax benefits.

  • High cover at affordable premiums.

  • Multiple premium payment term options.

  • Get an extra payout with additional riders.

Riders

Riders You Can Avail With SUD Term Insurance Plans

Name of the rider Benefits
SUD Life Accidental Death and Total & Permanent Disability Benefit Rider Get an extra payout on top of the base cover for up to 180 days upon death due to an accident or accidental total & permanent disability.

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Bandhan Term Insurance

Explore India’s best-selling Term insurance plans below

Bandhan Life also known as Aegon Life Insurance is one of the best term insurance provider that has served more than 5 million customer till date.

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

  • Affordable Premiums
  • High Coverage
  • Riders Available

Bandhan Life i-term Prime (Pros)

Bandhan Life i-term Prime
  • Bandhan Life Women CI Rider
  • Bandhan Life CI Care Rider
  • Bandhan Life WoP Rider on CI

Bandhan Life i-term Prime (Cons)

Bandhan Life i-term Prime
  • No Maturity Benefit
  • No Loan Allowed
  • Policy Terminates Post Payment of Death

Bandhan Life i-term Prime (Other Benefits)

Bandhan Life i-term Prime
  • Surrender Benefit
  • Inbuilt Terminal Illness Benefit
  • Life Coverage Till the Age of 100 Years

Bandhan Life i-term Prime (Eligibility Criteria)

Bandhan Life i-term Prime
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 25 L
  • Maximum Maturity Age - 100 Yrs
  • Premium Payment Term - SP

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

  • Comprehensive protection
  • Special exit value
  • 2 rider benefits

Bandhan Life iTerm Comfort (Pros)

Bandhan Life iTerm Comfort
  • Bandhan Life CI Care Rider
  • Bandhan Life AD Rider
  • Suicide Cover After 12 Months

Bandhan Life iTerm Comfort (Cons)

Bandhan Life iTerm Comfort
  • No Maturity Benefit
  • No Loan Allowed
  • No Surrender Benefit

Bandhan Life iTerm Comfort (Other Benefits)

Bandhan Life iTerm Comfort
  • Tax Benefit
  • Option to Attach or Detach Riders
  • Policy Revival Within 5 Years

Bandhan Life iTerm Comfort (Eligibility Criteria)

Bandhan Life iTerm Comfort
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 25 L
  • Maximum Maturity Age - 70 Yrs
  • Premium Payment Term - 40 Years

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

  • Flexible premium payment term
  • Affordable premiums
  • Tax benefits

Bandhan Life Saral Jeevan Bima (Pros)

Bandhan Life Saral Jeevan Bima
  • Flexible premium payment term
  • Affordable premiums
  • Tax benefits

Bandhan Life Saral Jeevan Bima (Cons)

Bandhan Life Saral Jeevan Bima
  • 1 year WP for suicide
  • No policy loan
  • No pre-existing illness cover

Bandhan Life Saral Jeevan Bima (Other Benefits)

Bandhan Life Saral Jeevan Bima
  • Hassle-free buying process
  • Tax benefits
  • Riders availability for enhanced protection

Bandhan Life Saral Jeevan Bima (Eligibility Criteria)

Bandhan Life Saral Jeevan Bima
  • Entry age - 18 years
  • Max entry age - 65 years
  • Min sum assured - 5 lakhs
  • Max maturity age - 85 years
  • PPT - RP/SP/LP
Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.