Word forms: (plural) reversionary bonuses
( Insurance : Life insurance ) bonus
A reversionary bonus
is a bonus added to the value of a life insurance
The profits are allocated to each with-profit policy and are paid as reversionary bonuses in addition to the specified sum insured.
Holders of with-profits policies will receive a share in the surplus usually by allocation
as a reversionary bonus added to the sum assured and payable with it.
A reversionary bonus is a bonus added to the value of a life insurance policy.
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