Bonus declared by LIC, I believe, is per thousand per year; confirm the same please. I AM POLICY HOLDER OF JEEVAN TARANG TABLE NO.178 WITH 20 YEARS PREMIMUM TERMS. PLEASE LET US KNOW AFTER COMPLETION OF PERIOD 20 YEAR I AM ELEGIBLE FOR TAKING BENIFIT OF SUM AMOUNT AND BONUS Disclaimer: I have taken utmost care while entering the bonus rates, but in the case of error or any ambiguity please consult your LIC Branch. I am getting calls from +919136216020 (Name: Ankitha Mishra, Mr, Guptha), informing that LIC is paying loyalty bonus of Rs. 170616 towards the policies taken by me. and asking for bank account number to transfer the amount. Then it was informed that LIC has invested 70% in HDFC, to withdraw the bonus amount I need to take a insurance policy in HDFC. Please advise.
This year LIC of India has declared Bonus rate for all its with profit policies before the usual time as LIC is celebrating its Diamond Jubilee year. Every year Actuarial Department of LIC do the valuation and declares the bonus rates. These bonus rates are applicable for policy year entered upon during the inter-valuation period i.e. 01/04/2015 to 31/03/2016 and in force for full sum assured as on 31/03/2016. It will be applicable to policies resulting from claims by death or maturity (including those discounted within one year of maturity) or surrendered on or after 01/01/2016. why group number: 30, 31, 32 reversionary bonus rates are blank? Because these products were launched in FY 2015-2016.
Final additional bonus (FAB) and Loyalty addition (LA) are also declared with reversionary bonus rate. FAB and LA are not applicable to each policy. They are paid as per the policy conditions and depend on the Sum assured and policy term. What about Jeevan Shree (old) Table 112. I do not see any details for last two years. Can you please help me on this and provide the bonus and other details if any. i have one policy for SUM Assured Rs.200000/- under table 165-JEEVAN SARAL. POLICY TERM IS 25 YEARS i took this policy in 2013. now i m 30 years old. what will be the maturity value as per 25 year term and also wanted to know that after 10 years how much amount i wil be get ? Example: If you have a New Jeevan Anand Policy (Table No. 815), Sum Assured: Rs. 500000, Term: 21 years. Bonus calculations Formula: (Sum Assured/1000)*Bonus rates Bonus in above mentioned plan: (500000/1000)*49 = Rs. 24500. lic jeevan sral plan no 165 rate