Published in Gazette of India,
Extraordinary, Part1, Section I, No 244 dated 28th October,
2013.
Simple Reversionary Bonus rate for
the year ending 31.03.2010 on the Rural 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.65 per thousand sum assured
|
|
(ii)
|
Endowment Assurance (EA)
|
Rs.50 per thousand sum assured
|
|
(iii)
|
Anticipated
Endowment Assurance (AEA)
|
Rs.47 per thousand sum assured
|
|
(iv)
|
Convertible Whole Life Policies
|
Whole Life Bonus would be applicable but on conversion,
Endowment Bonus rate will be applicable
|
The rate of Bonus for the year
2009-10 will be applicable from the date of receipt of this notification by the
Circles and this will also be applicable to claim cases received but not
settled till the date of receipt of this Notification.
Interim Bonus at the rates mentioned
above will also be payable for all claims arising due to maturity or death
until future valuation is completed.
View the
Original Order:
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