Aegon Term Insurance

Previously called Aegon Life, Bandhan Life is a trusted name in the insurance sector. It is widely considered synonymous with innovative and customer-focused solutions designed for comprehensive financial protection.

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Built on a foundation of reliability and transparency, Bandhan Life aims to empower individuals and families with the peace of mind they deserve.

Bandhan Life (formerly Aegon) term insurance is a tailor-made product designed to provide affordable and extensive life coverage. It ensures that your loved ones remain financially secure in your absence by covering major expenses and liabilities.

With flexible premium options, add-ons like critical illness cover, and competitive rates, Bandhan Life term insurance caters to diverse needs. Whether it’s safeguarding your family’s future or securing ongoing financial commitments, this plan is a smart step toward financial stability.

What is Bandhan Life Term Insurance Plan?

The Bandhan Life (Aegon) term insurance plan is a comprehensive solution designed to secure your family’s financial future in case of unforeseen events. This plan offers extensive life coverage at an affordable premium, ensuring your loved ones remain financially stable in your absence. 

It provides flexibility with options for add-on riders such as critical illness or accidental death benefits, enhancing financial protection. Additionally, the plan may include a return of premium feature — this refunds the paid premiums if the policyholder survives the term. 

Ideal for individuals seeking long-term security, Bandhan Life term insurance is an excellent option to support your family’s needs during uncertain times.

Why Should You Consider Buying Aegon Term Insurance Plans?

Mentioned below are the key reasons to buy Bandhan Life (formerly Aegon) term insurance plans —

  • 99.66% of claims settled
  • Quick and easy policy issuance
  • Everything online — from buying the plan and managing it to initiating a claim 
  • Customisable term plans
  • Swift settlement of claims

Features and Benefits of Aegon Term Insurance Plans

Here are the features and benefits of Bandhan Life term insurance plans —

Bandhan Life iTerm Prime
  • Affordable premium
  • Special exit value at the age of 55 years
  • Flexible payment options
  • Zero documentation and medicals on video
  • Riders like accidental death benefit rider
  • High coverage amount
Bandhan Life iTerm Comfort
  • Return of premium available
  • Life cover and additional riders like an accidental death benefit
  • Flexible payment options
  • Medicals on video and zero documentation
Bandhan Life Saral Jeevan Bima
  • Flexible premium payment plans — monthly, annually, and half-yearly 
  • Life cover
  • Affordable premium rate
  • Death benefit — 10 times the annual premium amount or 105% of the total premiums paid or the sum assured (whichever is higher)
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Eligibility Criteria to Apply for an Aegon Term Insurance Plan?

To apply for an Aegon term insurance plan, you must meet the following eligibility criteria —

  • Minimum entry age - 18 years
  • Maximum entry age - 65 years

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Reviews & Ratings

4.6 / 5
(based on 24,645 reviews)

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