are u talking about endowment plan or ulip ? typically bonus is paid on participatory product like endowment plans where the investment risk is borne by the policy holder, where as in ulip the investment risk is borne by policy holder.
Re: Unit linked Insurance
by virat rawat on May 16, 2013 06:44 PM
the market is going up how can it go down.there are fund management expenses and policy administration charges charged every month which are deducted from the fund value but nav cant go down day by day if market rises
Re: Insrance Bonus
by virat rawat on May 16, 2013 06:45 PM
no policy holder my friend because he is paying the premium and agent gets the commission from the premium which the policy holder is paying from his pocket
Re: Insrance Bonus
by virat rawat on May 16, 2013 06:47 PM
yes bonuses are declared every year and if u continue the policy till the maturity then u will get terminal bonus also and all this depends on the company profits
