Table of Contents
Do LIC employees get bonus?
2020. He will not be eligible for PLLI benefit for the financial year 2019-2020. (ii) The employees appointed on temporary/daily wages, etc….Also Read: CG Employees Bonus (PLB and Non-PLB) Cabinet Approves on 21-10-2020.
| Total Marks | \%age PLLI |
|---|---|
| 95 and above | 6\% |
| 90 and below 95 | 5\% |
| 85 and below 90 | 4\% |
| 80 and below 85 | 3\% |
How does LIC pay bonus?
Bonus (or Simple Reversionary Bonus) : LIC deposits your premium money into Govt. bonds of varying guaranteed interest rates. Depending on the combination of interest rates, LIC declares a bonus for each year for each kind of policy and depending on the term of the policy.
What is the current bonus rate of LIC?
The bonus rate declared by LIC on its endowment plan – Table 14 (LIC denotes each plan with a table number) over the last few years has been Rs 42 for every Rs 1,000 of the sum assured. This is for the policies with a tenure of 16-20 years. On policies with longer maturities, it is Rs 48.
How can I check my LIC bonus?
How To Check Accrued Bonus On LIC Policy?
- Visit the official website of LIC and login into the LIC portal account.
- After logging in to your account, select the tab ‘Basic Service’.
- A new page or window will open and the policy list and option are displayed on the left panel of the page.
What is the salary of LIC AAO?
The basic Pay of LIC AAO is Rs. 32795 per month in the scale of Rs. 32795- 1610 (14) –55335– 1745 (4) –62315 and other admissible allowances as per rules. The gross salary of an LIC AAO is around Rs. 58000 to Rs. 60000 per month. Question: Is LIC AAO a government job?
What is the difference between guaranteed additions and bonus in LIC?
Like Guaranteed Additions, bonus is declared not as a \% of your premium but as a rate on your Sum Assured. Say, in our example, LIC may declare a bonus of Rs. 45 per Rs. 1,000 Sum Assured for the year.
What is the bonus rate of LIC?
LIC declare Bonus rate every years but it not paid immediately, it will be paid at the time of maturity or premature death of policy holder. Bonus varies as per the plans term and condition.Bonus rate of LIC is declared on per thousand of sum assure (SA) basis.
What is the eligibility criteria for LIC AAO 2021?
The eligibility criteria for LIC AAO 2021 is as mentioned below: 1 Nationality: Candidate must be a citizen of India 2 LIC AAO Age Limit: Candidate must have attained the age of 21 years and should not be more than 30 years of age. 3 Education Qualifications: The candidate must be a Graduate from any Government recognized University.