Bonus rates for Reliance Nippon Life Endowment PlanThe table below shows the Bonus rates declared for Reliance Nippon Life Endowment Plan from inception. You can use this to calculate the Reliance Nippon Life Endowment Plan Maturity Value. Compound Reversionary Bonus for your policy is calculated as a percentage of base sum assured plus bonus which is already credited to the policy till date.
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) + Accrued bonus already credited to policy till date = (5,00,000 x Bonus Rate / 100) + Accrued bonus already credited to policy till date.
Reversionary Bonus for Reliance Nippon Life Endowment Plan (UIN - 121N018V02)
|Year||Bonus Type||Bonus Rate|
Special Bonus (Non-recurring)
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 Endowment 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 Endowment PlanPlease contact the Reliance Nippon Life's office for exact details of the bonus which has accrued in your plan.