National Life Insurance Announces Bonus Rates for Fiscal Year 2081
National Life Insurance Company has announced its bonus rates for the fiscal year 2081, according to the actuarial report approval. The company offers bonuses ranging from Rs 60 to Rs 85 across various insurance policies, including Term Life Insurance and Advance Payment Term Life Insurance. For Term Life Insurance policies, the bonus rates vary by policy duration: Rs 64 for 5-14 years, Rs 70 for 15-20 years, and up to Rs 85 for 26 years and above. The company has a substantial number of policies sold in these ranges, indicating a significant market presence. For Advance Payment Term Life Insurance, the bonus rate is Rs 60 per thousand for durations of 5 to 25 years. This bonus rate announcement will affect policyholders participating in profit-sharing, reflecting the company's financial performance and actuarial assessments. The structured bonus rates provide clear guidance for policyholders and demonstrate National Life Insurance's approach to balancing profitability with competitive returns.