Thursday, January 29, 2009

###_LIC's Terminal Bonus Rates.......

Terminal Bonus for the year 2005-06:
  • In addition to the Reversionary Bonuses, LIC has also declared Final (Additional) Bonus and Loyalty Addition to give add on value to those policyholders who keep their long term policies in force.
  • There is an increase in Final (Addl.) Bonus in the range of 16 % to 100%, The rates of Final (Additional) Bonus are upto Rs.1,680 per thousand Sum Assured depending upon plan, term and sum assured of the policy for policies fulfilling the stipulated conditions.
  • The Loyalty Additions in respect of Jeevan Shree, New Jeevan Shree and Bima Nivesh-2002 policies ranging from Rs.40 to Rs.125 per thousand Sum Assured depending upon term of policy have also been declared.

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