Bonus rates for Exide Life Income Advantage Plan (UIN:114N082V01)
The table below shows the Bonus rates declared for Exide Life Income Advantage Plan from inception. You can use this to calculate the Exide Life Income Advantage Plan Maturity Value. The vested simple reversionary 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 / 100 = 5,00,000 x Bonus Rate / 100
Simple Reversionary Bonus
| Year | Bonus Rates for Pure Income Benefit | Bonus Rates for Income with Maturity Benefit |
| 2019 | 4.5% | 5.0% |
| 2018 | 4.5% | 5.0% |
| 2017 | 4.5% | 5.0% |
| 2016 | NA | NA |
| 2015 | NA | NA |
Maturity Value :
This plan offers you the freedom to choose the way you want to receive your payout as per your financial needs. There are two options to receive your survival benefit.
Option A: Pure Income Benefit
Last installment of the survival benefit in this option will be paid at maturity along with terminal bonus, if any.
Option B: Income with Maturity Benefit
So to get to the Maturity value of Exide Life Income Advantage Plan Income with Maturity Benefit , you have to add all of the following - Guaranteed Income + Simple Reversionary Bonus + Terminal Bonus (if any).
Under this option, last installment of survival benefit, that is, Guaranteed Income will be paid at maturity
Terminal Bonus
Terminal bonus is not guaranteed and is a one-time bonus which, if declared, is payable on termination of the policy by way of deathor maturity. As of now we don't have any information on this.
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 Exide Life Assured Gain Plus
Please contact the Exide Life's office for exact details of the bonus which has accrued in your plan.
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