Prices Increasing soon Prices Increasing Soon

Compare Bandhan Life Vs ICICI Prudential

iTerm Prime
₹992/month
Max Coverage Upto
70 yrs
Claim Settlement Ratio
99.7%
Average Claim Trend
99.37%
VS
iProtect Smart Lumpsum
₹975/month
Max Coverage Upto
99 yrs
Claim Settlement Ratio
99.17%
Average Claim Trend
97.42%
Compare Now
Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from /month+
+91
Secure
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Compare bandhan life vs icici prudential
iTerm Prime ₹ 992monthly
iProtect Smart Lumpsum ₹ 975monthly
Max Coverage Upto
  • 70 Years
  • 99 Years
Claim Settlement Ratio Death claims settled in a financial year
  • 99.7 %
  • 99.17 %
Average Claim Trend Last 3 Years Average Claim Ratio
  • 99.37%
  • 97.42%
Death Claim Paid Claim amount paid in FY21-22 on Death claims
  • 273 Crores
  • 1950 Crores
Online Discount Discount available when policy is purchased online
  • NA
  • 5 % Off
Premium Payment Option
  • Regular Pay

    Pay For : 10/15 Years

    60 Years of age

  • Regular Pay

    Pay For : 5/7/10/15/Policy Term - 5 Years

    60 Years of age

Return of Premium PlanPay & get entire amount on maturity
  • View Plans
  • View Plans
Free Look PeriodPeriod of time in which a new life insurance policy owner can terminate the policy (deductions applicable basis T&C)
  • 30 days
  • 30 days
Tax BenefitReceive tax benefits u/s 80C and 10(10D), as per the applicable Income Tax laws
  • Yes
  • Yes
  • Plan Features
Claim Settlement Promise
  • NA
  • 24hr claim settlement
Terminal IllnessDeath benefit of the life assured shall be paid upon diagnosis of a Terminal Illness.
  • NA
  • Free(As an add-on)
Death Due To AccidentIf death happens due to an accident, this rider offers you additional sum assured over and above the base sum assured
Disability Due To AccidentIn case of permanent disability, dismemberment (loss of the use of certain body parts) due to accident, this rider pays you regularly for next 5-10 yrs in a certain percentage of Sum Assured
  • NA
  • NA
Critical IllnessCover 9 or fewer illness
  • NA
  • NA
Cash For HospitalizationIn case of hospitalization, fixed per day benefit will be paid to you for each day of Hospitalization. This is a fixed amount not linked to the actual expenses incurred.
  • NA
  • NA
  • Insurer Details
Inception
  • 2008
  • 2000
Solvency RatioThe solvency ratio of the insurance company is the size of its capital against the all risk it has taken. It is an indicator of the insurance company's long-term survival
  • 3.33
  • 2
Grievances SolvedGrievances are the indicator of how good company is handling their customer's query
  • 100%
  • 99.97%
No. of Branches
  • NA
  • 471
View complete comparison
Want to compare different insurance plans?

Term Plan Comparison

Term insurance is essential because it provides financial security for your loved ones in case of your untimely death. It ensures they can cover expenses like loans, education, and daily living costs, even in your absence. Comparing term insurance policies from different insurers helps you find the best coverage at the most affordable price, tailored to your specific needs.

When comparing term insurance policies from two of the top Indian insurers like Bandhan And Icici Prudential Life Insurance, consider factors like the premium amounts, the sum assured, and the policy tenure. Look at the claim settlement ratios to understand how reliable each insurer is in paying out claims. Additionally, check for any riders or additional benefits offered, such as critical illness rider or accidental death benefits.

To simplify this process, you can use Policybazaar's comparison tool. This tool allows you to quickly and conveniently compare various term insurance policies side-by-side. It highlights key differences, benefits, and costs, helping you make an informed decision without the hassle of manually researching each policy.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in


Premium By Age

Term insurance Articles

  • Recent Article
  • Popular Articles
06 Dec 2024

HDFC Life Insurance Income Replacement in Tamil...

The divide between rural and urban lifestyles in Tamil Nadu is

Read more
06 Dec 2024

HDFC Life Insurance Income Replacement in Sikkim

Sikkim, a state rapidly advancing through industrialisation and

Read more
06 Dec 2024

HDFC Life Insurance Income Replacement in...

With 62% of Rajasthan's population dependent on agriculture, the

Read more
06 Dec 2024

HDFC Life Insurance Income Replacement in Punjab

Once reaching economic heights following the Green Revolution,

Read more
06 Dec 2024

HDFC Life Insurance Income Replacement in Odisha

With agriculture as a primary income source, Odisha's growing

Read more

Term Insurance Calculator Online : Get Instant...

Term Insurance Calculator [[ Term Insurance Calculator - Calculate your term insurance premium for free Term

Read more

LIC Jeevan Saral Maturity Calculator

LIC Jeevan Saral Maturity calculator is an online tool that helps potential customers calculate the premiums and

Read more

LIC Surrender Value After 10 Years Calculator

The surrender value of a LIC insurance policy is the amount that the policyholder will receive if they decide to

Read more

Best Term Insurance Plan for 1 Crore : Buy Best...

A ₹1 crore term insurance plan ensures financial security for your family by providing a ₹1 crore payout as a

Read more

Claim Settlement Ratio of Term Insurance Plan...

Claim Settlement Ratio (CSR) is an important parameter in the selection of an insurance policy. If you are going

Read more
Need Help? Request Callback
top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL