So, above policy has accumulated Rs. 1,44,000 in three years (2014 - 16) and it is known as vested bonus and it will
keep accumulating bonus for each year during policy year.
Not exact matches
Keeping up with ever - shorter rewards promos — For consumers, the rise of deals and
bonuses that last for as little as one day can mean even more ways to save money or
accumulate credit card rewards.
As the policy term progresses, these benefits in the form of
Bonuses keep accumulating and at the time of matuirty, policy holder gets lump sum amount i.e. Sum Assured +
Bonus.