How is single premium endowment plan calculated?

InsuNews May 23, 2022

How is single premium endowment plan calculated?

Single Premium Endowment Plan (917) Maturity Calculation In Single Premium Endowment Plan (917), Maturity benefit becomes available after completion of policy term and maturity amount is equal to Basic Sum Assured + Simple Revisionary Bonus (Bonus) added during policy term + Final Additional Bonus (FAB).

See also  How long does it take a life insurance policy to pay out?

More Stories

What is the average cost of a Medicare supplement plan?

InsuNews May 23, 2022

What is the best life insurance to buy UK?

InsuNews May 23, 2022

Do you pay tax on life insurance payout UK?

InsuNews May 23, 2022

You may have missed

True Heroes Racing

True Heroes Racing’s top moments of the season

InsuNews November 25, 2024
Facebook

The Complete List of Slim & Narrow Car Seats for 3-Across

InsuNews November 25, 2024
Why Monday is the most dangerous day on a building site

Why Monday is the most dangerous day on a building site

InsuNews November 24, 2024
What Should Landlords Look for in a Tailored Insurance Policy?

What Should Landlords Look for in a Tailored Insurance Policy?

InsuNews November 24, 2024
Top Young Insurance Professionals in Australia | Rising Stars

Top Young Insurance Professionals in Australia | Rising Stars

InsuNews November 24, 2024