Sentences with phrase «simple reversionary bonus expressed»
Not exact matches
Provided all due premiums have been paid, the company will declare a Simple Reversionary Bonus, which is expressed as a percentage of the Sum Assured.
https://www.policybazaar.com/
Simple Reversionary Bonus: Simple Reversionary Bonus is declared at the end of each financial year and is expressed as a percentage of sum assured on maturity.
Applicable and the accrued reversionary bonus is payable on death or surrender or maturity claim amount.Reversionary bonus is expressed as a percentage of the base sum assured.Terminal bonus is payable only on maturity and is expressed as a % of the accrued simple reversionary bonus.