Govt notifies bonus for Postal Life Insurance, Rural Postal Life Insurance schemes for FY25

The Centre has approved a simple reversionary bonus for Postal Life Insurance Scheme and Rural Postal Life Insurance Scheme for fiscal year 2024-25. There is no change in the rate.According to a notification, under the Postal Life Insurance Scheme, rate of bonus will be ₹76 per thousand of sum assured for whole life assurance (WLA). Similarly, for endowment assurance (EA) (including joint life and children policies), it will be ₹52 per thousand of sum assured. Anticipated endowment…
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Source: https://www.thehindubusinessline.com/money-and-banking/govt-notifies-bonus-for-postal-life-insurance-rural-postal-life-insurance-for-fy25/article67983636.ece/amp/