Monday, March 16, 2009

One Time Bonus

One time bonus was announced in the Actuarial Valuation as at 31st December 1994 for all with profit Pak Rupee policies. It is payable on maturity of the policy or earlier death of the life insured and does not have any surrender value. To qualify for this bonus, a policy must be in force for the full sum assured as at 31st December 1994 and premiums due in the year 1995 must be paid in 1995. The rate of bonus is Rs.40 per thousand sum assured. This is just a one-time bonus.
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.

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