Life Insurance – Bharat National Bank

Life Insurance – Overview

Bharat National Bank, in partnership with BNB Life Insurance Company, offers a range of life insurance products for Indian families. From pure term plans for maximum coverage at minimal cost, to endowment and ULIP plans combining insurance with wealth creation — we have a solution for every life stage.

Our plans are IRDAI-regulated with a claim settlement ratio of 98.2%, ensuring your family receives promised benefits when they need it most.

🎯 Tax Benefits

Premiums are eligible for deductions up to ₹1.5 Lakhs under Section 80C. Maturity proceeds tax-free under Section 10(10D).

Our Insurance Plans

✓

BNB Term Shield: Pure term life insurance up to ₹2 Crores from ₹499/month. Covers death, critical illness, and accidental disability.

✓

BNB Endowment Plus: Savings-cum-insurance with guaranteed maturity benefits. Ideal for children's education or retirement.

✓

BNB Wealth Builder (ULIP): Unit-linked plan investing in equity and debt funds. Grow wealth while staying insured with fund switching options.

✓

BNB Child Future Plan: Secure your child's milestones — education, marriage, career. Premium waiver if policyholder passes away.

✓

BNB Pension Plan: Retirement annuity for regular income post-retirement. Immediate and deferred annuity options.

Why BNB Life Insurance?

✓

98.2% Claim Settlement — one of the highest in India.

✓

Flexible Premium Payment: Monthly, quarterly, half-yearly, or annual modes.

✓

Add-on Riders: Accidental death, critical illness, waiver of premium, hospital cash.

Eligibility

Indian residents aged 18–65. Minimum sum assured ₹5 Lakhs. No medical exam required for coverage up to ₹50 Lakhs (subject to age). NRIs eligible for select plans.

Get a Free Insurance Quote

Our advisor will help you choose the best plan.