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Bandhan Life Simplifying Insurance for Every Indian
Since its inception in 2008, Bandhan Life (formerly, Aegon Life) has led the charge in transforming the insurance landscape in India. Focused on innovation and customer-centric solutions, the company aims to make insurance accessible, affordable, and straightforward for everyone.
Why Bandhan Life Stands Out:
Explore the difference with Bandhan Life and join in securing a prosperous future for you and your loved ones.
Bandhan Life Insurance Awards & Achievements
The company has been recognized on various occasions for its achievements. Some of its recent achievements are as follows:
Bandhan Life Insurance offers an economical way of securing your family after you. Let's have a look at some of the brilliant features of the policy making it one of the best available term insurance plans in the domain.
The products offered by Bandhan Life have attached riders for enhanced protection against accidental death, dismemberment, disability, critical illness, etc. The section below lists the insurance policies offered by Bandhan Life.
Bandhan Term Insurance Plans are a type of life insurance that provides financial security to the family or dependants in case of death of the policyholder. The plans offer enhanced protection to the life assured against 36 critical illnesses inclusive of kidney failure, heart attack and cancer. These plans also help in taking off other liabilities such as home loan, personal loan, car loan, etc.
Plan | Entry Age | Maturity Age | Sum Assured |
iTerm Comfort |
Minimum Age:- 18 years Maximum Age:- 65 years |
70 years | Rs. 25 lakhs and upwards |
Saral Jeevan Bima |
Minimum Age:- 18 years Maximum Age:- 65 years |
70 years | Rs. 5 to 25 lakhs (in multiple of ₹50,000/- only) |
Know More About: Bandhan Life Term Insurance
Bandhan savings and investment plans offer multiple benefits such as a loyalty booster at the end of every policy year, simple reversionary bonuses and market-linked returns along with tax benefits to the policy owner.
Plan Name | Entry Age | Maturity Age | Policy Term |
POS-GRIP |
Minimum Age:- 1 year Maximum Age:- 50 years |
65 years | 10-20 years |
You can buy Bandhan Life Insurance Plan in two different ways i.e. via the official website of Bandhan Life Insurance or you can visit the nearest branch of the company.
**Once the payment is made, you will get a payment confirmation at your registered email address.
Submit duly completed claim forms and required documents at the nearest Bandhan Life Branch or at their Head Office.
Upon receipt of the documents, the company commences the Claim Process and futher validates the information provided.
Further, upon verification, the company releases the balance/ complete death/ rider benefit amount to the beneficiary.
Bandhan Life Insurance Limited, A-201, 2nd Floor, Leela Business Park, Andheri-Kurla Road Andheri-East Mumbai- 400059
customer.care@bandhanlife.com
Toll-Free Number: 1800-209-9090 (Monday-Saturday | 9am - 7pm IST)
Online policy - Once the policy is issued, the soft copy of the policy document is sent to your registered email id within 4 working days.
Offline policy - Once the policy is issued, the soft and hard copy of the policy document is sent to your registered email id and mailing address within 4 working days.
The status of your Claim can be identified by calling the Customer Care Helpline at the Toll Free number- 1800 209 9090 or by writing to them at customer.care@bandhanlife.com.
In case a claimant has a query regarding claims, they can approach the Customer Care department at 1800 209 9090. In case the claimant finds the response dissatisfactory, he/she may write to the Grievance Redressal Committee at the following address:
Bandhan Life Insurance Company Limited, Building no.- 3, Third floor, Unit no.- 1, Nesco IT Park, Western Express Highway, Goregaon (East), Mumbai -400063, Maharashtra
If the claimant is still not satisfied, (s)he can approach the Insurance Ombudsman.
To increase the Sum Assured of Bandhan insurance policy, you need to submit a duly signed request to the Bandhan life insurance company.
Yes. you can add or remove riders from your Bandhan Life Insurance plans. You need to submit a duly signed request letter to add a rider to the policy. To remove a rider, you need to call on the hotline number of the Bandhan Life Insurance company. Keep your policy number and T-PIN handy at the time of the call.
You can pay your Bandhan Life Insurance premium through any of the following options:
You can revive a lapsed policy by paying the premium and notifying the company by sending an email/letter.
You will receive a soft copy of the policy document at your registered email address within 4 working days from the policy being issued.
Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.
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February 5, 2023
Asia/Kolkata
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