![]() ![]() Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. ![]() It gets a share of the profits in the form of bonuses. This is a with-profit plan and participates in the profits of the Corporation’s life insurance business. Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions as opted by you throughout the selected term of the policy or till earlier death. It provides financial protection against death throughout the lifetime of the life assured with the provision of payment of a lump sum at the end of the selected term in case of his survival. This plan is a combination of Endowment Assurance and Whole Life plans. I agree and authorise LIC or its representatives to verify information and/or contact me to assist with the purchase & servicing of LIC products.
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