Chennai, Feb. 10 -- Bandhan Life Insurance, the life insurance arm of Bandhan Group, has announced a new Unit Linked Insurance Plan (ULIP) - iInvest Ultima - along with a Mid Cap new fund launch (NFL).

The company said the new fund opens at Rs 10 NAV and is available until February 18, 2026.

iInvest Ultima is designed to help customers grow their wealth while protecting their loved ones. In addition to the new fund launch, iInvest Ultima gives customers access to Bandhan Life's other funds.

The ULIP comes with added benefits like an Accidental Death Benefit Rider, loyalty rewards, and a return of 100 percent mortality charges from the 15th policy year.

The plan is best suited for customers aged 30-50, comfortable with market risk and an...