Bonus rates for Star Union Dai-ichi Life Jeevan Safar Plan

The table below shows the Bonus rates declared for Star Union Dai-ichi Life Jeevan Safar Plan from inception. You can use this to calculate the Star Union Dai-ichi Life Jeevan Safar Plan Maturity Value. Simple 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 Star Union Dai-ichi Life Jeevan Safar Plan (UIN - 142N005V01)

Year	Bonus Type	Bonus Rate
2017-18	Simple	3.25%
2016-17	Simple	3.25%
2015-16	Simple	3.25%
2014-15	Simple	3.00%
2013-14	Simple	3.00%
2012-13	Simple	3.00%
2011-12	Simple	6.00%
2010-11	Simple	9.00%

Terminal Bonus

Terminal bonus is declared every year by the company. It is calculated as a percentage of base sum assured. Terminal Bonus is paybale subject to the condition that at least five years premium have been duly paid and policy should be in force at the time of exit. You can calculate the accrued terminal bonus by this formula,
Terminal Bonus Amount = Terminal Bonus Rate x Premium Payment Term x Baisc Sum Assured 

Year	Bonus Type	Bonus Rate
2017-18	Simple	0.50%
2016-17	Simple	0.50%
2015-16	Simple	0.50%
2014-15	Simple	0.50%

Additional Terminal Bonus

Additional Terminal bonus is also declared by the company. Additional Terminal Bonus is paybale subject to the condition that at least five years premium have been duly paid and policy should be in force at the time of exit.

Year	Bonus Type	Bonus Rate
2008-09	Simple	6%
2009-10	Simple	3%

Maturity Benefit

So to get to the Maturity benefit of Star Union Dai-ichi Life Jeevan Safar Plan, you have to add all of the following -  Sum Assured + Accrued Reversionary Bonus + Terminal Bonus + Additional Terminal 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 Star Union Dai-ichi Life Jeevan Safar Plan

Please contact the Star Union Di-ichi Life's office for exact details of the bonus which has accrued in your plan.