Simple Reversionary Bonus rate for the year ending 31.03.2011 on the Postal Life Insurance Policies on their becoming claim, due to death or maturity:-
Sl.
|
Type of Insurance Policy
|
Rate of Bonus
|
(i)
|
Whole Life Assurance (WLA)
|
Rs.85 per thousand sum assured
|
(ii)
|
Endowment Assurance (EA)
|
Rs.60 per thousand sum assured
|
(iii)
|
Money Back Policies (AEA)
|
Rs.55 per thousand sum assured
|
(iv)
|
Convertible Whole Life Policies
|
Whole Life Bonus would be applicable but on conversion, Endowment Bonus rate will be applicable
|
(v)
|
Terminal Bonus
|
Rs.20 per sum assured of Rs.10,000 subject to maximum of Rs.1,000 for whole life policies and Endowment policies with term of 20 years and above.
|
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