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Know about bonus in insurance plans

Know about bonus in insurance plans

Friday, June 2, 2017, 12:28 PM

When a life insurance company makes a profit, it is supposed to distribute a part of that profit to its policyholders, in the form of bonus payments. Not all life plans are eligible for bonus. Plans can either be participatory, thereby qualifying for bonus, or non-participatory, that do not qualify for bonus.
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