Bonus announced on RPLI Policies by Department of PostsBonus announced on RPLI Policies by Department of Posts
Apnainsurance.com Research Bureau
20 Jun 2008
The Department of Posts (DoP) declared a bonus of Rs 60
per Rs 1,000 sum assured for the Whole Life Assurance scheme in the Rural Postal
Life Insurance (RPLI) segment.
As reported by The Economic Times, a DoP spokesman said that a bonus of Rs 50
per Rs 1,000 sum assured would be payable on the Anticipated Endowment
Assurance plan of the RPLI. He further
added that the bonus of Rs 55 and Rs 52 per Rs 1,000 sum assured has been
announced on the Endowment Assurance scheme for policies exceeding 10-year term
and up to 10-year term respectively.
In Punjab and Chandigarh it has declared a bonus of Rs 874 crore on around 1,22,000 live RPLI policies.