Bonus rates for Exide Life New Creating Life Insurance Plus (UIN:114N071V01)The table below shows the Bonus rates declared for Exide Life New Creating Life Insurance Plus Plan from inception. You can use this to calculate the Exide Life New Creating Life Insurance Plus 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
So to get to the Maturity value of Exide Life New Creating Life Insurance Plus Plan, you have to add all of the following - Sum Assured (Guaranteed) + 10% of Sum Assured (Guaranteed) + Vested Bonus (Non Guaranteed) + Terminal Bonus (if any).
Terminal bonus is not guaranteed and is a one-time bonus which, if declared, is payable on termination of the policy by way of death
or 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 New Fulfilling Life Plan Plan
Please contact the Exide Life's office for exact details of the bonus which has accrued in your plan.