Millennium bonus was announced in Actuarial Valuation as at 31st December 2000 for all with profit Pak Rupee policies. It is payable in full on maturity or earlier death of the life insured. To qualify for this bonus, a policy must be in force for the full sum assured as at 31st December 2000 and premiums for the year 2001 must be paid in 2001. The rate of bonus is Rs.51 per thousand sum assured. This is just a one-time bonus.
Millennium bonus also acquires a surrender value on in force policies if five full years’ premiums have been actually paid and the policy has been in force for at least five complete policy years.
Please contact your servicing State Life zonal office for other terms and conditions related to this bonus and the details of total bonuses attached to your policy.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment