LIC Bonus Rates for 2016- 2017
If you have Traditional Life Insurance Policies of LIC (like Endowment Policies, Money Back Policy etc), then you should keep track of Bonus declared by LIC every year. These bonuses form the major portion of the returns from such policies.
Every year LIC declares the reversionary bonus. Where applicable, Final additional bonus (FAB) and Loyalty addition (LA) are also declared with reversionary bonus rate. On its 60th anniversary, LIC has also declared the One time Diamond Jubilee Bonus.
LIC Bonus Rates for 2016- 2017 (Revisionary)
Plan Name
Term (years)
Reversionary Bonus Rates (Per 1000 Sum assured)
Comaprison from Last year's Bonus
2015-2016
2016-2017
Whole life type ( plans 2, 5, 6, 8, 10, 28 (before conversion), 35, 36, 37, 38, 09, 77, 78, 85.86)
NA
70
70
No ...