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Wednesday, June 19, 2013

Declaration of simple Reversionary Bonus for the year ending 31-3-2011 on the Postal Life Insurance Policies

Type of Insurance Policy
Rate of Bonus
Whole Life Assurance (WLA)
Rs.85 per thousand sum assured
Endowment Assurance (EA)
Rs.60 per thousand sum assured
Money Back Policies (AEA)
Rs.55 per thousand sum assured
Convertible Whole Life Policies
Whole Life Bonus would be applicable but on conversion, Endowment Bonus rate will be applicable
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.

Click here to view Department of Posts (Directorate of PLI) Letter No.04-02/2012-LI dated 17.06.2013

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