Bandhan Life Launches iIncome Wealth: Instant Income within 7 days, Life Cover up to 100 YearsOffers instant income, family protection through plan continuity, and additional income benefits for women

Kolkata, July 07, 2025: Bandhan Life Insurance, the life insurance arm of Bandhan Group, today announced the launch of Bandhan Life iIncome Wealth—that provides instant income starting within 5 to 7 working days of premium payment, along with life cover up to age 100. This income includes guaranteed payments plus possible cash bonuses. A key feature of the plan is the ‘Secure Policy Benefit’, which ensures that if the policyholder passes away during the policy term, the family receives a lump sum amount and continues to receive income and maturity benefits without having to pay any future premiums. With an entry age as low as three months, Bandhan Life iIncome Wealth allows parents and guardians to start building a financial cushion for their children right from infancy—helping secure milestones like education, marriage, or a first home.
This participating life insurance plan also offers flexible payout options and additional income for women policyholders.
Satishwar B., MD & CEO, Bandhan Life Insurance, emphasized the significance of this innovation:
“At Bandhan Life, we are committed to solving real-life financial challenges. A vast majority of Indians live from paycheque to paycheque, often without a safety net . For many, even managing basic monthly expenses can lead to borrowing. A job loss or medical emergency can throw families into financial turmoil. iIncome Wealth is designed to address this need head-on. Bandhan Life iIncome Wealth is more than just a policy; it’s a financial solution that not only provides life cover that lasts a lifetime but also offers an immediate supplementary income. Whether used for daily expenses or savings for bigger dreams, this supplementary income empowers our customers to live with dignity and confidence.”
Bandhan Life iIncome Wealth is thoughtfully designed to support customers at every stage of life, offering life cover up to age 100. In the event of the policyholder’s passing, the family receives at least 105% of the total premiums paid, ensuring lasting protection. With the ‘Secure Policy Benefit’, the plan goes a step further—ensuring the family’s financial goals remain on track, income and maturity benefits continue as planned, future premiums are not collected, and a lump sum amount is paid out immediately to provide crucial support in a difficult time.
The plan is built to meet both short- and long-term financial needs. Customers can choose flexible income payout options or accumulate and withdraw the income at a later stage. Whether managing everyday expenses, building an emergency fund, or saving for future goals, the plan adapts to individual needs.
Women policyholders receive an additional 1.5% income, reflecting Bandhan Life’s commitment to financial inclusion and equity.
Premiums can be paid over 5 to 12 years, with policy coverage lasting up to 45 years or until age 100. A premium offset option—available after the first three full years—allows customers to use the income from the plan to pay future premiums, offering greater convenience and flexibility. Customers can also avail of loans up to 80% of the policy’s surrender value after the first policy year.
Bandhan Life iIncome Wealth is more than just an insurance plan—it’s a steady source of financial support, a shield against life’s uncertainties, and a step toward long-term financial independence. In a world of growing volatility, now is the time to act—to protect today and empower tomorrow.
About Bandhan Life:
Bandhan Life is more than just an insurance company- we are committed to India’s future. With nearly 95% of the population lacking adequate life cover, millions of Indian families remain vulnerable to financial insecurity. Our mission is to make life insurance accessible and appealing to everyone, turning it from something people avoid into something they actively seek. By leveraging state-of-the-art technology, we’re breaking new ground in the insurance industry and making our insurance more accessible, user-friendly, and tailored to the unique needs of Emerging India. With our promise of “Bharat ki Udaan, Bandhan Se,” we are dedicated to narrowing the protection gap in India, ensuring that no one is left unprotected. At Bandhan Life, securing your future means more than insurance means inspiring confidence and certainty in every moment of life. With us, you’re not just insured; you’re empowered to live life to its fullest, backed by our unwavering commitment to financial security and trust.

For more information, visit www.bandhanlife.com

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