Aditya Birla Sun Life
Super Term Plan
- 65 years Maximum entry age
- 85 years Maximum maturity age
- 98.65% Death claims settled (insurer)
Sample premium
₹19,400 a year*
Bandhan Life · 138N084V03
Bandhan Life iTerm Prime
Bandhan Life iTerm Prime (IRDAI UIN 138N084V03) is a term life insurance plan for people aged 18 to 65 at entry, with cover up to age 85.
Premiums depend on age, cover, city, health and the options you choose. Where the insurer published a premium, the figure shown is for the exact profile stated next to it; your premium will differ. Comparezi does not sell insurance or give advice: check the insurer's prospectus and policy wording, which prevail.
In short
Bandhan Life iTerm Prime is a term life insurance plan from Bandhan Life. Key specifications: maximum entry age 65 years, maximum maturity age 85 years, death claims settled (insurer) 99.73%. Among term life insurance here it fits best for insurer's claim payout record.
Sample premium
₹9,453 a year*
*For: Standard male life, age 30, non-smoker, Sum Assured Rs 50 lakhs (not Rs 1 crore), Policy Term 55 years (coverage till age 85), Regular Pay (PPT 55 years), annualized premium; exclusive of any taxes, cess and levies. Only premium figure in the brochure.. Your premium will differ.
- Maximum entry age
- 65 years
- Maximum maturity age
- 85 years
- Death claims settled (insurer)
- 99.73%
Pros
- Insurer paid 99.73% of individual death claims, higher than 96% of the 27 term life insurance plans on Comparezi that state it
Who should buy it
- Best for Insurer's claim payout record · What matters most? (pick any) #1 of 29 term life insurance for this
Full specifications
Eligibility
| Minimum entry age | 18 years |
|---|---|
| Maximum entry age | 65 years |
| Maximum maturity age | 85 years |
| Policy term | Minimum 5 years (Regular Pay), 15 (10 pay), 20 (15 pay), PPT+ |
| Minimum sum assured | ₹25,00,000 |
| Maximum sum assured | No Limit, subject to Board Approved Underwriting Policy |
Plan
| Premium payment | Regular Pay (same as Policy Term); Limited Pay: 10 years | 15 years | Pay till age 60; Annual, Half-Yearly and Monthly |
|---|---|
| Return of premium option | No |
| Death benefit payout | Lump sum |
| Riders | Bandhan Life AD Rider (UIN: 138B006V05) |
Premium
| Sample annual premium | ₹9,453 |
|---|---|
| Sample premium is for | Standard male life, age 30, non-smoker, Sum Assured Rs 50 lakhs (not Rs 1 crore), Policy Term 55 years (coverage till age 85), Regular Pay (PPT 55 years), annualized premium; exclusive of any taxes, cess and levies. Only premium figure in the brochure. |
Insurer
| Death claims settled (insurer) | 99.73% |
|---|---|
| Claims figures for | FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15) |
| IRDAI UIN | 138N084V03 |
About the iTerm Prime
Bandhan Life iTerm Prime (IRDAI UIN 138N084V03) is a term life insurance plan for people aged 18 to 65 at entry, with cover up to age 85. It is one of 29 term life insurance plans on Comparezi, from Bandhan Life.
Information only. Comparezi does not sell insurance, does not give advice and is not paid by insurers. The policy wording issued by the insurer prevails over this summary.
Eligibility and cover
- Entry age: 18 to 65 years
- Maximum maturity age: 85 years
- Policy term: Minimum 5 years (Regular Pay), 15 (10 pay), 20 (15 pay), PPT+5 (Pay till 60); maximum 70/75/80/85 less entry age
- Minimum sum assured: ₹25,00,000
- Maximum sum assured: No Limit, subject to Board Approved Underwriting Policy
Plan options
- Premium payment: Regular Pay (same as Policy Term); Limited Pay: 10 years | 15 years | Pay till age 60; Annual, Half-Yearly and Monthly
- Return of premium: Not covered
- Death benefit payout: Lump sum
- Riders: Bandhan Life AD Rider (UIN: 138B006V05)
How it compares on Comparezi
Of the 27 term life insurance plans on Comparezi with a stated maximum maturity age, 11 have a longer one and 10 have the same.
Premium
It depends on your age, cover, city and options. Bandhan Life's own published premium table gives ₹9,453 a year for this profile: Standard male life, age 30, non-smoker, Sum Assured Rs 50 lakhs (not Rs 1 crore), Policy Term 55 years (coverage till age 85), Regular Pay (PPT 55 years), annualized premium; exclusive of any taxes, cess and levies. Only premium figure in the brochure. Your premium will differ; get a quote from the insurer.
About the insurer
Bandhan Life paid 99.73% of individual death claims in FY 2024-25 (by number of claims, computed from IRDAI's published claim counts).
Similar plans from other insurers
- Aditya Birla Sun Life Super Term Plan (Bandhan Life iTerm Prime vs Aditya Birla Sun Life Super Term Plan)
- Ageas Federal Life iSecure Plan (Bandhan Life iTerm Prime vs Ageas Federal Life iSecure Plan)
- Axis Max Life Smart Secure Plus Plan (Bandhan Life iTerm Prime vs Axis Max Life Smart Secure Plus Plan)
- Bajaj Life iSecure II (Bandhan Life iTerm Prime vs Bajaj Life iSecure II)
Sources
- Insurer document (PDF) (bandhanlife.com)
- Insurer page (bandhanlife.com)
- Brochure (bandhanlife.com)
- IRDAI publication (irdai.gov.in)
Checked 6 November 2026. Values the documents do not state are left out rather than estimated. See how Comparezi checks data.
Alternatives
Alternatives to the iTerm Prime
Ageas Federal Life
iSecure Plan
- 65 years Maximum entry age
- 85 years Maximum maturity age
- 98.52% Death claims settled (insurer)
Sample premium
₹14,640 a year*
Axis Max Life
Smart Secure Plus Plan
- 65 years Maximum entry age
- 85 years Maximum maturity age
- 99.7% Death claims settled (insurer)
Sample premium
₹16,178 a year*
Bajaj Life
iSecure II
- 65 years Maximum entry age
- 85 years Maximum maturity age
- 99.29% Death claims settled (insurer)
Sample premium
₹13,451 a year*
Head to head
Compare the iTerm Prime
Term Life Insurance
24 views
Smart Secure Plus Plan vs iTerm Prime
- Smart Secure Plus Plan
- iTerm Prime
Term Life Insurance
23 views
iSecure II vs iTerm Prime
- iSecure II
- iTerm Prime
Term Life Insurance
21 views
Super Term Plan vs iTerm Prime
- Super Term Plan
- iTerm Prime
Term Life Insurance
21 views
iSecure Plan vs iTerm Prime
- iSecure Plan
- iTerm Prime
Questions
iTerm Prime FAQs
It depends on your age, cover, city and options. Bandhan Life's own published premium table gives ₹9,453 a year for this profile: Standard male life, age 30, non-smoker, Sum Assured Rs 50 lakhs (not Rs 1 crore), Policy Term 55 years (coverage till age 85), Regular Pay (PPT 55 years), annualized premium; exclusive of any taxes, cess and levies. Only premium figure in the brochure. Your premium will differ; get a quote from the insurer.
138N084V03. The UIN identifies the exact product version filed with IRDAI; check it on your policy documents.
From 18 years to 65 years; limits can differ by plan option.
Up to age 85 at most; the limit can differ by plan option.
No. It is a pure term plan without a return-of-premium option.
99.73% of individual death claims were paid in FY 2024-25, by number of claims, computed from IRDAI's published claim counts. It is an insurer-wide figure, not one for this plan.
Bandhan Life AD Rider (UIN: 138B006V05).
Data sources
- Manufacturer official pages
Last updated
Product details
Disclosure
Links to insurers are not paid. Comparezi earns only from labelled ads, which never affect the Comparezi Score, the order of insurers, or the price shown, which is what the insurer listed when we checked.