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Birla Sun life Insurance Bonus Declaration 2016-17

Birla Sun life Insurance Bonus Declaration 2016-17

In this post you are going to know about Birla Sun life Insurance Bonus Declaration 2016-17. Birla Sunlife insurance company is selling Life insurance policies in India from the year 2005. SInce this company sells both type of life insurance products (Unit Linked policies and Endowment policies).  The returns on the endowment plans are fully based on bonus declaration, so the company is liable to declare bonus every year.

Bonus Rate for BSLI Products

The company has declared the bonus for year 2016-17. For all the policies bought before 31st march 2016 are eligible to get this bonus amount. We had provided the Bonus rates for 2016-17 of Birla sun life insurance plans. This bonus rate will be attached to the customer’s policy on the policy anniversary that falls during 1st July 2016 to 30th June 2017.

Bonus Rate for BSLI Vision Endowment Plus Plan (UIN 109N092V01)
Sum Assured (in Rs.)less than 199,999200,000 to 399,999400,000 to 799,999800,000 & above
Bonus Rate (per 1000 of Sum Assured)33.538.538.538.5

 

Bonus Rate for BSLI Vision LifeIncome Plan (UIN 109N079V01) & (UIN 109N079V02)
Premium Paying Term (in years)15 to 1920 to 2425+
Bonus Rate (per 1000 of Sum Assured)434547

 

Bonus Rate for BSLI Vision LifeSecure Plan (UIN 109N087V01)
Premium Paying Term (in years)15 to 1920 to 2930 to 3435
Bonus Rate (per 1000 of Sum Assured)41475153

 

Bonus Rate for BSLI Vision MoneyBack Plus Plan (UIN 109N093V01)
Sum Assured (in Rs.)less than 199,999200,000 to 399,999400,000 to 799,999800,000 & above
Bonus Rate (per 1000 of Sum Assured)38404040

 

Bonus Rate for BSLI Vision Star Plan (UIN 109N096V01)
Sum Assured (in Rs.)less than 199,999200,000 to 399,999400,000 to 799,999800,000 & above
Bonus Rate (per 1000 of Sum Assured)39414141

 

Bonus Rate for BSLI Vision Endowment Plan (UIN 109N080V01) & (UIN 109N080V02)
Sum Assured (in Rs.)less than 199,999200,000 to 399,999400,000 to 799,999800,000 & above
Bonus Rate (per 1000 of Sum Assured)33383838

 

Bonus Rate for BSLI Vision Regular Returns Plan (UIN 109N081V01) & (UIN 109N081V02)
Sum Assured (in Rs.)All Bands
Bonus Rate (per 1000 of Sum Assured)29

 

Bonus Rate for BSLI Savings Plan (UIN 109N088V01)
Sum Assured (in Rs.) /
Premium Paying Term (in years)
101520
SA < 50,00021117
SA : 0.5lac -1.5lac71522
SA>= 1.5 lacs152232

 

Note on Birla Sun life Insurance Bonus Declaration 2016-17

  • Simple regular reversionary bonus rate is applied on the sum assured only (all plans except BSLI Vision Regular Returns Plan)
  • Compound regular reversionary bonus rate is applied on the sum assured plus the accrued regular reversionary bonus till previous valuation (only on BSLI Vision Regular Returns Plan)

 

Source link : Birla sun life Insurance

 

TO know about previous year Bonus Rates, Click here Historical Bonus Rates for Birla Sun life insurance company

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