Bond stated in several ways. the most common method is "SIMPLE BONUS reversal. 'The declared amount of the premium, plus the sa this addition is called vesting. if theSA under the policy is Rs. 50000, and the bonus is declared of Rs. 60 per thousand, SAor 6% of the SA, the SA under the policy would become Rs 53,000 immediately. if asimilar bond was declared the following year, the SA wpuld Rs.56000.
Second method is the "bonus system composed of reversal, the bonus will be added to existing bonds created SAincluding. In other words, in the example above, after thesecond statement, made SAwill Rs. 56180.
Second method is the "bonus system composed of reversal, the bonus will be added to existing bonds created SAincluding. In other words, in the example above, after thesecond statement, made SAwill Rs. 56180.
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