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REVERSIONARY BONUS
Bajaj Allianz Life Insurance declares bonus worth Rs 1,070 crore in FY22The bonus declared by the company includes regular reversionary bonus of Rs 840 crore and terminal and cash bonus of Rs 230 crore.
Reliance Nippon Life declares Rs 306.88 crore bonus to policyholdersThis bonus issuance will benefit over 6,85,000 participating policyholders, a company release said.
Six smart things to know about bonus in insurance plansNot all life plans are eligible for bonus. Plans can either be participatory, thereby qualifying for bonus, or non-participatory, that do n...
LIC to pay 40% more dividend, bonus in 2016-17State-run insurance behemoth has allocated Rs 47,387.4 crore as bonuses to policyholders and has paid Rs 2,494.08 crore as dividend to the ...
SBI Life Insurance targets Rs 1 lakh crore in assets & management business by early next yearAt the launch of SBI Life - Smart Bachat, a traditional, participating, limited premium payment term, endowment plan designed to keep the o...
How bonuses impact life insurance policy returnsThe return is largely dependent on the bonus declared by the insurer. Read on to know how it impacts your policy's maturity value.
LIC lines up bonanza for the faithful, 17 crore policyholders to get 6% bonusPolicies that have lapsed in the near term, if they are revived, can also benefit from this one bonus. One can revive a policy within 2-5 y...
If LIC were listed, it would be the most valued company: Arun JaitleyIt will pay Rs 5 to Rs 60 per Rs 1,000 sum assured, depending on the tenor of the policy. The bonus will be reversed back to the policy, an...
HDFC Life's new endowment plan: Suitable for those seeking secure returnsHDFC Life has launched a new endowment plan - named Classic Assure Plus - that conforms to the new regulations for traditional products
HDFC Life launches new endowment planHDFC Life has launched a new endowment plan - named Classic Assure Plus - that conforms to the new regulations for traditional products.
HDFC Life launches ClassicAssure PlusHDFC Life today launched a participating, traditional insurance plan, ClassicAssure Plus, with limited premium payment term.
- Understanding reversionary bonus in Insurance
Insurance in India was traditionally bought by customers as a tax saving investment rather than to protect the family's future from adversi...
- Kotak Life Insurance posts Rs 211 crore PAT in FY12
Kotak Life Insurance today announced profit after tax of Rs 211 crore for during 2011-12 up from Rs 101 crore in the previous year mainly d...
- Bajaj Allianz launches retirement solution 'CashRich'
Private insurer Bajaj Allianz today launched a unique retirement solution, CashRich, an endowment as well as a money-back plan policy.
- A closer look at the working of with-profit insurance policies
'With profit' products are sold by life insurance companies either as endowment assurance or whole-of-life plans.
- New launch: Max New York Life College Plan
Max New York Life Insurance has launched a traditional child plan.
- Your LIC just earned a bonus
Life Insurance Corporation of India declared the valuation results for 2006-07 and finalised the bonus rates for With Profit policies.