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Bandhan life Akhil Bharat Term Insurance Plan

Bandhan Life Akhil Bharat Term Insurance

Bandhan Life for best Akhil Bharat Term Insurance

We at Bandhan Life know that your loved ones’ financial security is a priority for you and you’d want to ensure they can cope financially even in case you were not around to look after them.
To help you take a simple step towards providing them that security, we bring to you Bandhan Life Akhil Bharat Term Plan.
This is an easy to understand term insurance plan which provides you life insurance cover for the duration you choose, at an affordable price.

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Bandhan Life for Akhil Bharat Term 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.