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.

4.7/5
45,327
Central Bank UAE Registration No.: - 123
Insurance Partners
Trusted Customers
Policies Sold
Price Guarantee
Starting @ AED 50/month*
- Home
- Term Insurance
- Aegon (Bandhan) Term Insurance
Aashima Mongia
Content Writer (Expertise: Term Life Insurance & Investment)
Aashima Mongia is a Content Executive at Policybazaar.ae, dedicated to bridging the gap between complex financial products and the people who need them. Specializing in Term Life Insurance and Investment portfolios, Aashima translates the "fine print" into high-value insights for the UAE market. With a background rooted in Commerce and Digital Strategy, she combines rigorous research with an audience-first philosophy. Her work is a blend of data-backed research and a deep understanding of the UAE's economic pulse, ensuring that every guide she writes is practical, timely, and easy to digest.


Atul Kathuria
Business Head – Term & Investment | Policybazaar.ae
Mr. Atul Kathuria, Business Head of Term & Investment, is a seasoned business leader with more than 15 years of experience across industries, which includes specialising in the life insurance and wealth management space. An alumnus of IIT Delhi, he brings a strong analytical background and deep expertise in building goal-oriented financial solutions tailored for residents and expats in the UAE. By working closely with top insurers, he has strengthened Policybazaar UAE's range of term and investment plans, making financial planning more accessible and effective.
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:

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

- Worldwide Coverage
- Life Cover
- Entry Age

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

- Worldwide Coverage

- 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.
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 |
|
|---|---|
| Bandhan Life iTerm Comfort |
|
| Bandhan Life Saral Jeevan Bima |
|
Reviews & Ratings
More From Term Insurance
- Recent Articles
- Popular Articles
Last Updated : 24 Sep 2026Term Insurance for Smokers in UAE: Premiums & Rules 2026Term and life insurance for smokers in UAE: smoker vs non-smoker premiums for AED 1M cover, what counts as smoking (vapes, shisha, dokha) and how to pay less.
Last Updated : 24 Sep 20262 Crore Term Insurance for NRI in UAE: Premium & PlansCompare 2 crore term insurance plans as an NRI in the UAE: premium factors, how much cover you need, India vs UAE plans, documents and how to buy from Dubai.
Last Updated : 11 Sep 2026Term Insurance for NRI in India: Plans, Benefits & EligibilityExplore term insurance for NRIs in India with flexible coverage, global protection and easy online purchase. Check eligibility, benefits, documents and premium options.
Last Updated : 03 Sep 2026Term Insurance After Critical Illness in UAECan you get term insurance after critical illness in the UAE? Learn about eligibility, medical underwriting, premiums, exclusions, documents and possible outcomes.
Last Updated : 03 Sep 2026Term Insurance for Freelancers in UAEExplore term insurance for freelancers in the UAE. Learn about eligibility, income proof, coverage, benefits and how self-employed professionals can get life insurance.
Last Updated : 25 Aug 2026Term Insurance Payout UAE: Options, Death Benefit & How It WorksUnderstand term insurance payout options in the UAE, including lump sum, monthly income and combination payouts, beneficiaries, claim process and timelines.
Last Updated : 17 Sep 2026Top Life Insurance Companies in Dubai, UAE 2026 | Compare Top ProvidersCompare top 10 life insurance companies in UAE , Zurich (98% CSR), MetLife, HAYAH & more. CBUAE-licensed. Get instant quotes. Explore top providers and choose a plan that fits your needs.
Last Updated : 26 Aug 2026Term Insurance for Self-Employed in UAE 2026 | From AED 50*/MonCompare the best term insurance plans for self-employed individuals in UAE. No employer cover? Secure AED 1M life cover from AED 50/month. Get free quotes now.
Last Updated : 02 Oct 2026Term Insurance for NRI | Best Term Insurance Plan for NRI in UAETerm Insurance for NRI - Compare and Buy best term insurance policies for NRI in UAE & know important things before buying the term plan for NRI in UAE.
Last Updated : 23 Mar 2026Term Insurance for Spouse in UAE - Features & BenefitsTerm Insurance for Spouse - Choose the best term insurance plan for your spouse in UAE with features & Benefits. Also, know who can buy a spouse term insurance plan.
Last Updated : 12 Dec 2025Top Life Insurance Plans for Expats in the UAE: Protect Your Family's FutureDiscover the best life insurance options for expatriates in the UAE. Learn about key benefits, top plans, and essential tips to secure financial protection for your loved ones.
Last Updated : 19 Sep 2025Short Term Disability Insurance | Benefits & How It WorksDiscover short term disability insurance options to safeguard your income during challenging times. Get affordable coverage tailored to your needs!


