Mahi Editing World

 Benefits of life insurance corporation 

Provide the policy is in force depending upon the corporation experience the policy shell participate in profit in accordance with the the applicable provisions of Life insurance corporation 1956 as amended from time to time and shell be eligible for simple reversionary bonus at such rate and on such terms as maybe declared by the corporation.

 simple reversionary bonus shall be declared annually at the end of each financial year provided the policy in force one declared their from part of the the granted benefits of the the Clan simple reversionary bonus will be added from the date of commencement of policy until the selected policy term or till death if occurs earlier.

 

 In case the premise are not duly paid the policy shell cases to participate in future profits irrespective of whatever or not the policy as paid up value in the event of policy being in the surrounded the the surrounded value of state bonus if any applicable on the date of surrender will be payable as specified in condition 4 of part of this policy document. 

 Financial additional bonus may be also declared under the policy in the year when the policy reserves in into a death claim during the policy term are due from mutual benefits payments final additional bonus shall not be payable on the paid of policies

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