LIC
Onus rates

Hi

All this “bonus rates” is always declares on the sum assured instead of the amount you deposit [premiums] to the LIC.

So if you have a policy of Rs2, 00, 000 with a premium of Rs10, 000 per annum and the bonus rate is 5.5% then your this year bonus amount will be Rs11, 000 [5.5% of 2, 00, 000] and not Rs1100/

Regards,

Tarun kumar Bansal

LIC Agent,

Rohini Branch – New Delhi

[email protected]

http://www.savingwala.com