Need A Financial Product Forums Insurance Queries related to bonus addition on endowment plan of LIC

This topic contains 1 reply, has 2 voices, and was last updated by  Mangesh Lal 3 years, 2 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #48100

    Mangesh Lal

    I have taken an endowment plan from LIC. I opted for this policy in March and I pay quarterly premium. I have few doubts related to the bonus payment of this policy. Will I got quarterly bonus or annually? In which particular month will the bonus be credited to my account? How a bonus is calculated on this policy?


    Dominic Ray

    Bonus is usually added at the end of every financial year (i.e. the last date of March). Loyalty bonus is added to the policy at the time of its maturity and is calculated on the basis of performance of insurance company.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.