Simple
Reversionary Bonus rate for the year ending 31.03.2011 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 2010-11 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.
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