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Bandhan life Group iCredit Insurance Plan

Bandhan Life Group iCredit Insurance

Bandhan Life for best Group Insurance

Bandhan Life aim to safeguard your members’ financial commitments so that their family’s future isn’t burdened in case of any unannounced misfortune.
Bandhan Life Group iCredit Insurance Plan is one such plan with comprehensive features that provides life insurance cover to the members of your group by adequately covering their outstanding loan amount.
With this plan let us help you to take a step towards preventing liabilities from affecting your members’ and their loved ones’ wellbeing.

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Bandhan Life for Group iCredit Insurance reviews

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Distribution - Number of branches pan India (March 2019)

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Sum Assured Minimum / Maximum - Term Plans

25 lacs / Unlimited

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Solvency Ratio (FY 2018-19) *

2.59

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Number of Lives Covered (Ind+Group) **

285,524

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Entry Age Minimum/Maximum (Years) - Term Plans

18/65

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Policy Term Minimum / Maximum (Years) - Terms Plans

5/62

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Number of Policies Sold (Ind+Group) *

37,487

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Claims Settlement Ratio (Ind+Group) ***

96.90%

* - As per IRDAI data - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes | ** - as per L-25 Public Disclosure of Insurance Companies for 2019-20 | *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published.