Not sure how much cover you need?
Budget-friendly. Benefit-heavy.
Option to
Get Premiums
Back&
Tax Benefit%
Under Section
80C & 10(10D)
No medical tests needed
just a Quick Video
Call##
Trusted by families with a
99.67% Claim
Settlement Ratio^
Why Term Insurance Matters?
Financial security
Shield your loved ones if something happens to you.
Loan protection
Prevent your family from bearing your liabilities.
Income replacement
Maintain your family’s lifestyle.
Tax savings%
Pay less while protecting more.
We're proud to announce a rise
in our Claim Settlement Ratio to
^99.73%
Why Should You Choose Bandhan Life?
100% Online
No scans, no uploads… and we mean it! We do not ask you to upload or scan any document unless it is absolutely necessary
Super Simple Products
We don’t believe in complicating things, so our products are super simple and easy to understand
Always There For You
Have questions about your policy? Our expert insurance advisors are ready to help! Understand your policy, get answers to your questions
A Part Of The Bandhan Group
As a part of the Bandhan Group, we have a legacy or trust and empathy to back us up and empower your dreams
100% Online
No scans, no uploads… and we mean it! We do not ask you to upload or scan any document unless it is absolutely necessary
Super Simple Products
We don’t believe in complicating things, so our products are super simple and easy to understand
Always There For You
Have questions about your policy? Our expert insurance advisors are ready to help! Understand your policy, get answers to your questions
A Part Of The Bandhan Group
As a part of the Bandhan Group, we have a legacy or trust and empathy to back us up and empower your dreams
BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/ FRAUDULENT OFFERS!
IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
Bandhan Life iTerm Prime (UIN: 138N084V02). A Non-Linked Non-Participating Individual Pure Risk Premium Life Insurance Plan. Life insurance cover is available under this product. Life cover is benefit payable on the death of the life assured during the policy term. For more details on risk factors, terms & conditions please read sales brochures and benefits illustrations carefully before concluding a sale. Insurance issuance is subject to board approved underwriting policy.
[&] On availing Special Exit Value (SEV), total of premiums paid, along with underwriting extra premiums paid, plus loadings for modal premiums (if any) will be paid back to the insured, and the policy will terminate. Here, the total premium paid is the total of all the premiums received, excluding any extra premium, any rider premium, and taxes. SEV is applicable only to base cover premium, and not to any additional optional riders. SEV is available for policies where the age of insured at inception of the policy is up to 40 years (as of last birthday), and the policy matures at the age of 70 years (as of last birthday) and can be availed during the period of one year once they attain the age of 55 years (as on last birthday). For more details on SEV and risk factors, please read the sales brochure carefully before concluding a sale.
[%] Premium paid under the plan is eligible for Tax Benefits u/s 80C 10(10D), 115BAC and other provisions of the Income Tax Act,1961. Goods and Services tax and Cesses, if any will be charged extra as per prevailing rates. Tax laws are subject to amendments made thereto from time to time. The Company does not assume responsibility on tax implication mentioned anywhere in this page. It is recommended to obtain professional advice for applicability of tax benefits.
[##] In case of any observations during Video Medicals, physical medicals will be required, and premiums rates may vary. Home visits are subject to availability in your location.
[+] A 5% discount will be applicable only on the first-year premium for online customers. An additional 5% discount on the first-year premium will be applicable to customers who enable automated digital underwriting through data available from digital sources. The process for qualifying for this discount shall be as per the Board-Approved Underwriting Policy.
[^] Individual Death Claim Settlement Ratio for Bandhan Life Insurance Limited for FY 2023-24 is 99.66% as per annual audited figures.
[*] T&C Apply.
Bandhan Life Insurance Limited (formerly Aegon Life Insurance Company Limited), IRDAI Reg. No. 138. Corporate Identity No: U66010MH2007PLC169110. Registered Office: Bandhan Life Insurance Limited. A – 201, 2nd Floor, Leela Business Park, Andheri-Kurla Road, Andheri (E), Mumbai – 400059. Tel: +91 226118 0100, Toll Free No.:1800 209 90 90 (9 am to 7 pm, Mon to Sat), Email: customer.care@bandhanlife.com. Website: www.bandhanlife.com.
ADVT No. II/May 2025/0046