November 4, 2019

How LIC’s bonuses work

Aarati Krishnan / Insurance / November 4, 2019

LIC’s annual bonuses come out of the valuation surpluses in policyholders’ funds. They are not guaranteed They are simple additions to your account and don’t compound. They are not comparable to other kinds of returns because they are calculated on your Sum Assured and not Premiums paid Are you staying with good quality funds? Use […]

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How LIC’s bonuses work

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