Bonus rates for IndiaFirst Life Guaranteed Monthly Income PlanThe table below shows the Bonus rates declared for IndiaFirst Life Guaranteed Monthly Plan from inception. You can use this to calculate the IndiaFirst Life Guaranteed Monthly Plan Maturity Value. Reversionary Bonus for your policy is calculated as a 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
Reversionary Bonus for IndiaFirst Life Guaranteed Monthly Income Plan ( UIN -143N047V01)
Interim Bonus for IndiaFirst Life Guranteed Monthly Income Plan (UIN - 143N047V01)
Interim bonus is applicable for exits after 31st March of the next year but before the declaration of the next year reversionary bonus.
As of now we dont have any inofrmation on this.
Terminal Bonus refers to a one time payment which is applicable to your policy and is payable at the time of claim i.e either on death or maturity as the case may be.
As of now we dont have any information on terminal bonus of this plan.
So to get to the Survival value of IndiaFirst Life Guaranteed Monthly Income Plan, you have to add all of the following - Sum Assured + Vested Simple Revisionary Bonus + Terminal Bonus (if any) + Interim Bonus (if any)
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 IndiaFirst Life Guaranteed Monthly Income PlanPlease contact the IndiaFirst Life's office for exact details of the bonus which has accrued in your plan.