Question: how pli bonus is calculated?
Answer: For example, if the bonus is Rs 50 per Rs 1000 in a policy with Rs 1 lakh of sum assured, the annual bonus amount will be Rs 5,000 payable on maturity or on death to the nominee. The rates of Bonus will be applicable for the Financial Years 2016-17, 2017-18, 2018-19 and 2019-20.