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Bandhan Life

MumbaiEst. 2007bandhanlife.com
98.15% CSR

Formerly Aegon Life Insurance, renamed after Bandhan Financial Holdings acquired a majority stake. ISO 27001:2013 certified for information security, with most products distributed as zero-documentation, fully online plans.

Data reviewed: 23 July 2026

98.15%

Claim Settlement Ratio

Source: IRDAI · FY2023–24

2007

Founded

12

Products Listed

Products by Bandhan Life(12)

Information sourced from publicly available data and may not reflect the latest terms. Visit bandhanlife.com for current details.

Bandhan Life

Bandhan Life iTerm Elite

Bandhan Life's flagship online term plan, offering pure-risk cover with optional riders and one of the industry's higher maximum entry ages.

Term Insurance5–67 years

Bandhan Life

Bandhan Life iInvest Advantage

A flexible unit-linked wealth-creation plan from Bandhan Life's iInvest ULIP range, combining market-linked growth with life cover.

ULIP10–20 years

Bandhan Life

Bandhan Life iGuarantee Assurance

A non-linked, participating savings plan from Bandhan Life offering guaranteed benefits alongside potential bonus additions, part of the insurer's iGuarantee range.

Endowment10–20 years

Bandhan Life

Bandhan Life iGuarantee ChildAssure

A guaranteed-benefit child savings plan from Bandhan Life, part of the insurer's iGuarantee product family, combining guaranteed payouts with a life-cover safety net for the child's future.

Child PlanStructured to the child's age, typically running until the child turns 18–25

Bandhan Life

Bandhan Life Secure 'N' Grow

A traditional savings plan from Bandhan Life combining guaranteed benefits with life cover.

EndowmentStandard endowment/savings plan tenure band, per current product terms

Bandhan Life

Bandhan Life Saral Pension

Pension / Annuity

Bandhan Life

Bandhan Life iTerm Prime Insurance Plan

A comprehensive term insurance policy offering financial protection to the family with affordable premiums, flexible coverage options, special exit benefits, and optional riders.

Term Insurance5 to 62 years (up to maximum cover age of 80 years)

Bandhan Life

Bandhan Life iGuarantee Insurance Plan

A non-linked non-participating individual life insurance savings plan designed to provide guaranteed returns alongside life insurance coverage to achieve planned financial goals.

Endowment6 to 20 years

Bandhan Life

Bandhan Life iTerm Elite Insurance Plan

Bandhan Life iTerm Elite is a comprehensive online term insurance plan designed to provide substantial financial protection with flexible payout options and enhanced coverage features.

Term Insurance5 to 50 years

Bandhan Life

Bandhan Life iMaximize Insurance Plan

Bandhan Life iMaximize Insurance Plan is a unit-linked non-participating insurance plan that offers combination of life protection and market-linked investment growth with choice of multiple investment funds.

ULIP10 to 20 years

Bandhan Life

Bandhan Life iGuarantee Assure

Comprehensive term life insurance with death benefit and optional riders

Term Insurance10-30 years

Bandhan Life

Bandhan Life iGain

Unit-linked insurance plan with investment and life insurance benefits

ULIP10-25 years

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