Aegon Term Insurance

Previously called Aegon Life, Bandhan Life is a trusted name in the insurance sector. It is widely considered synonymous with innovative and customer-focused solutions designed for comprehensive financial protection.

Built on a foundation of reliability and transparency, Bandhan Life aims to empower individuals and families with the peace of mind they deserve.

Bandhan Life (formerly Aegon) term insurance is a tailor-made product designed to provide affordable and extensive life coverage. It ensures that your loved ones remain financially secure in your absence by covering major expenses and liabilities.

Best Term Insurance Plans in UAE

Some of the best Term Insurance quotes in UAE & Dubai are:

Policy Term

Age

Cover

Payment Frequency

YearlyMonthly

98.1% Claim Settlement Ratio

Term Life Protect

Life Cover (AED)1,000,000

Policy Term (Years)10

Passive War Cover
Pre Existing Disease Coverage
Medical Checkup Not Required
Worldwide Coverage

95% Claim Settlement Ratio

Term Life

Life Cover (AED)1,000,000

Policy Term (Years)10

Worldwide Coverage
Life Cover
Entry Age

98% Claim Settlement Ratio

International Term Assurance

Life Cover (AED)1,000,000

Policy Term (Years)10

Passive War Cover
Pre Existing Disease Coverage: Subject to Approval*
Medical Checkup Not Required
Worldwide Coverage
Critical Illness Cover

98% Claim Settlement Ratio

Live Life Now

Life Cover (AED)1,000,000

Policy Term (Years)10

Worldwide Coverage

98% Claim Settlement Ratio

Critical Illness Protection

Life Cover (AED)1,000,000

Policy Term (Years)10

Worldwide Coverage
Cancer Cover

With flexible premium options, add-ons like critical illness cover, and competitive rates, Bandhan Life term insurance caters to diverse needs. Whether it’s safeguarding your family’s future or securing ongoing financial commitments, this plan is a smart step toward financial stability.

What is Bandhan Life Term Insurance Plan?

The Bandhan Life (Aegon) term insurance plan is a comprehensive solution designed to secure your family’s financial future in case of unforeseen events. This plan offers extensive life coverage at an affordable premium, ensuring your loved ones remain financially stable in your absence.

It provides flexibility with options for add-on riders such as critical illness or accidental death benefits, enhancing financial protection. Additionally, the plan may include a return of premium feature — this refunds the paid premiums if the policyholder survives the term.

Ideal for individuals seeking long-term security, Bandhan Life term insurance is an excellent option to support your family’s needs during uncertain times.

Buy Term Insurance Now

Why Should You Consider Buying Aegon Term Insurance Plans?

Mentioned below are the key reasons to buy Bandhan Life (formerly Aegon) term insurance plans —

99.66% of claims settled
Quick and easy policy issuance
Everything online — from buying the plan and managing it to initiating a claim
Customisable term plans
Swift settlement of claims

Features and Benefits of Aegon Term Insurance Plans

Here are the features and benefits of Bandhan Life term insurance plans —

Bandhan Life iTerm Prime	Affordable premium Special exit value at the age of 55 years Flexible payment options Zero documentation and medicals on video Riders like accidental death benefit rider High coverage amount
Bandhan Life iTerm Comfort	Return of premium available Life cover and additional riders like an accidental death benefit Flexible payment options Medicals on video and zero documentation
Bandhan Life Saral Jeevan Bima	Flexible premium payment plans — monthly, annually, and half-yearly Life cover Affordable premium rate Death benefit — 10 times the annual premium amount or 105% of the total premiums paid or the sum assured (whichever is higher)

Eligibility Criteria to Apply for an Aegon Term Insurance Plan?

To apply for an Aegon term insurance plan, you must meet the following eligibility criteria —

Minimum entry age - 18 years
Maximum entry age - 65 years

Term Insurance Calculator for Aegon Term Insurance

Everything You Need to Know About Term Insurance
Self Employment Insurance	Can I Cancel My Insurance Policy?
Disability Insurance for Individuals	Risks Are Not Covered in the Term Insurance
Top Self-Employed Insurance Plans	5 Years Term Policy in UAE
Disability Cover under Term Insurance	Family Term Life Insurance
Staggered Payment in Term Insurance	Term Life Plan for Wife
Universal Term Life Insurance	Long Term Insurance

Reviews & Ratings

★★★★★4.7 / 5

(based on 41,800 reviews)

Jabir AliDubai, 14 July 2026

★★★★★

Smooth and fastAt first I was scared because online insurance feels risky sometimes, but support team answered all my questions. Buying process was smooth and fast.

Amir MusadekinAbu Dhabi, 3 July 2026

★★★★★

Easy to useGood platform for expats in UAE. I got term insurance without unnecessary back and forth. Website is also easy to use compared to others.

Mahmoud Mohyeldin MahmoudDubai, 1 July 2026

★★★★★

Affordable premiumHonestly I delayed buying term plan for years thinking it complicated. Turned it was quite simple. Premium is affordable and coverage amount is good.

Omar BaazizDubai, 30 June 2026

★★★★★

Well explainedWhat I liked most is they didnt force me into buying expensive plans. They explained benefits and risks clearly which is rare nowadays.

Mohamed AbdelrehimAbu Dhabi, 27 June 2026

★★★★★

Good after serviceTheir team helped understand claim settlement and riders properly. I added also critical illness cover. Service was nice even after policy issued.

Usman AfzalAbu Dhabi, 26 June 2026

★★★★★

Excellent coverageApplied for life insurance online while sitting at home in Sharjah. Process took some time because of medical checks but finally everything got approved smoothly.