Bonus rates for Reliance Nippon Life Child PlanThe table below shows the Bonus rates declared for Reliance Nippon Life Child Plan from inception. You can use this to calculate the Reliance Nippon Life Child Plan Maturity Value. Reversionary Bonus for your policy is calculated as a percentage of base 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 Reliance Nippon Life Child Plan (UIN - 121N003V02)
|Year||Bonus Type||Bonus Rate|
Special bonus is a one time bonus declared by company. It is calculated as a percentage of base sum assured. As of now we don't have any information on this.
Maturity BenefitSo to get to the Maturity benefit of Reliance Nippon Life Child Plan, you have to add all of the following - Sum Assured + Accrued bonuses + Special 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 Reliance Nippon Life Child PlanPlease contact the Reliance Nippon Life's office for exact details of the bonus which has accrued in your plan.