2007-02-24 20:07:01 · 5 answers · asked by cheriansheeba 1 in Business & Finance ➔ Insurance
I presume you are asking about the Bonus accrued against LIC Poicy.
Until the Policy Matures it is a Book Figure ONLY. However if you wish to take a Loan the Bonus is added for calculating the Max. Amount of Eligibility.
2007-02-26 13:53:43 · answer #1 · answered by cnsone 4 · 1⤊ 0⤋
Bonus money for what. Depends on the company policy, I guess.
2007-02-25 04:14:47 · answer #2 · answered by Big C 6 · 0⤊ 0⤋
actually, this depends on the type of the insurance plan you have opted. in certain cases, it is yes. in case of endownment plans but some cases like term insurance are not of the same type. the insurance policy has some expiry date and we should be highly careful while choosing our policy type and premium amount.
2007-02-25 04:39:36 · answer #3 · answered by Anonymous · 0⤊ 0⤋
what do you mean by bonus money?.. for me it means the few hundred i make a day with http://www.6million.biz/wealthbuilder/ without doing any real work.
2007-02-25 04:14:39 · answer #4 · answered by Anonymous · 0⤊ 1⤋
after end of policy
2007-02-25 04:42:24 · answer #5 · answered by keral 6 · 0⤊ 0⤋