iTerm Prime in one table
| Insurer | Bandhan Life Insurance Limited |
|---|---|
| Sum insured | ₹25 lakh upwards, with no fixed upper limit. What you are offered above that depends on your age, income and health at underwriting. The bank and point-of-sale versions carry their own caps. |
| Entry age | 18 to 65 years |
| Cover runs to | Up to 85 years |
Claim settlement and complaint figures are IRDAI-published and held centrally by NYVO, not taken from the insurer's marketing.
What iTerm Prime does, and what it does not
Term insurance is a narrow product, so the useful question is not how this plan scores against a benchmark – it is what it pays for and what it leaves out. Both lists come from Bandhan Life's own documents.
iTerm Prime exclusions: what the plan will not pay for
Every policy carries exclusions, and they are the clauses people read for the first time at claim stage. These are the ones worth knowing before you buy.
Where iTerm Prime falls short
No plan is right for everyone, and a page that only lists strengths is not much use to you. These are the gaps we would raise on a call before recommending it.
iTerm Prime questions, answered
How much cover does iTerm Prime offer?
₹25 lakh upwards, with no fixed upper limit. What you are offered above that depends on your age, income and health at underwriting. The bank and point-of-sale versions carry their own caps.
Who can buy iTerm Prime?
Entry to iTerm Prime runs from 18 to 65 years. Cover can run to age 85, which is the maximum maturity age on this plan. What you are actually offered still depends on your income, health and any cover you already hold.
What does iTerm Prime not cover?
Like every term plan, iTerm Prime excludes suicide within 12 months of policy commencement or revival – the payout is limited to a return of premiums, per the standard clause. Read the policy wording for the exact percentage. The policy wording you are issued is the contract.
Read it from the insurer
We summarise. The policy wording is the contract, and it is the only document that settles a dispute. These links go to the insurer's own pages.
Understand the terms before you commit
A plan page tells you what this policy does. These explain why each term matters and what it costs you when it is missing.