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Aegon Life Jeevan Shanti Plan Bonus Rates. Calculate returns & Maturity Value
Aegon Life Jeevan Shanti Plan Bonus Rates. Calculate returns & Maturity Value
May 29, 2018 | 483 VIEWS

Bonus rates for Aegon Life Jeevan Shanti Insurance Plan


The table below shows the Bonus rates declared for Aegon Life Jeevan Shanti Policy from inception. You can use this to calculate the Aegon Life Jeevan Shanti Plan Maturity Value. The vested bonus rates are percentage of  Sum Assured.

In case you have a plan with Sum Assured of Rs. 5,00,000 - Use the values in the table as following:

Bonus Value = (Sum Assured x Bonus Rate) = (5,00,000 x Bonus Rate)


Simple Reversionary Bonus
 
Year Policy Term (in years) Bonus Rate
2016-2017 10 0.72%
15 3.62%
20 3.97%
2015-2016 10 0.72%
15 3.62%
20 3.97%


Terminal Bonus

Terminal bonus is one time bonus which is payable at maturity. Terminal bonus declared as a percentage of sum assured. As of now, no terminal bonus has been declared in this plan.


Maturity Value
So to get to the Aegon Life Jeevan Shanti Plan, you have to add all of the following - Sum Assured + Accrued bonus + Any special bonus + Terminal Bonus.


Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your Aegon Life Jeevan Shanti Policy. 

Please contact the Aegon Life office for exact details of the bonus which has accrued in your plan. You can read know more about the plan and it’s working here - Aegon Life Jeevan Shanti Insurance Plan.
 

Deepak Yohannan
Deepak Yohannan is the CEO of MyInsuranceClub. He enjoys writing on Personal Finance and contributes regularly on sites like Reuters & Moneycontrol. He is a strong proponent of online insurance and is often found pointlessly babbling about it!

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