2/6/2018
PUNE: Bajaj
Allianz Life Insurance Company Ltd., a private life insurer announced a
one-time Special Bonus for all its policyholders who have participating policies
in force as on 31st March
2018.
The one-time Special Bonus is over and above the Compounded
Reversionary Bonus declared for respective participating plans. This move will
benefit over 13 lakhs policyholders who have stayed invested and reposed their
faith in the company.
The one-time Special Bonus has been declared only for the FY
2017-18 at 1% of the base Sum Assured that is payable at the time of claim.
Along with the one-time Special Bonus, Bajaj Allianz Life Insurance Company has
also declared the yearly Compounded Reversionary Bonus. The Compounded
Reversionary Bonus is computed on the Sum Assured and all accumulated bonuses.
Commenting on the one-time special bonus for its
policyholders, Tarun Chugh, MD and CEO, Bajaj Allianz Life Insurance Company
Ltd. said, “Our Company has realized capital gains and we have decided to share
this with our in-force policyholders. The one-time Special Bonus declared over
and above the annual bonus allows our customers to enjoy the benefits of
staying invested with us and achieving their life goals.”
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