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Call Us : 00971-4-2729061
Mail Us : slicdxb@emirates.net.ae

Bonus Rate


Bonus

Rates

State Life offers attractive bonuses that are declared on the basis of Actuarial Valuations. Presently the following types of bonuses are available for different plans subject to the terms and conditions applicable to each.


Bonus Rates for foreign currency policies

State Life offers the following bonuses for different plans subject to the terms and conditions applicable to each. These bonuses are declared on the basis of Actuarial Valuations.

Reversionary Bonus

The present rates of reversionary bonus per thousand of sum assured, for all with profit UAE Dirham/ US Dollar policies that are in force for the full sum assured as at December 31, 2010, announced as a result of the Actuarial Valuation as at December 31, 2010, are as under:

Policies expressed in UAE Dirham
Reversionary Bonuses per 1000 of sum assured to with profit UAE Dirham policies
Description of Plan For 1st five policy years From 6th policy year onwards
AED AED
Whole Life 21 39
Endowments
Term of policy (in years)
20 years and over 17 33
15 to 19 years inclusive 10 24
14 years and less 5 17
Anticipated Endowments
Term of policy (in years)
20 years and over 8 26
15 to 19 years inclusive 5 18
14 years and less 3 14
Policies expressed in US Dollar
Reversionary Bonuses per 1000 of sum assured to with profit US Dollar policies
Description of Plan For 1st five policy years From 6th policy year onwards
AED AED
Whole Life 23 42
Endowments
Term of policy (in years)
20 years and over 17 33
15 to 19 years inclusive 10 23
14 years and less 5 16
Anticipated Endowments
Term of policy (in years)
20 years and over 8 24
15 to 19 years inclusive 5 17
14 years and less 3 13

These bonuses have a surrender value, subject to the fulfillment of certain conditions.

Please contact your servicing State Life zonal office for other terms and conditions related to these bonuses and the details of total bonuses attached to your policy.

Family Income Benefits in course of payment (Where the life assured has died).

Family Income Benefit to heirs or nominees of deceased life assureds will be increased by 4.0%, where life assured has died on or before 2010, payable from policy anniversaries in the year 2012 under with profit policies.

Please contact your servicing State Life zonal office for other terms and conditions related to this benefit.

Disclaimer regarding future bonuses:

Bonus rates for future years are not guaranteed and may either go up or down depending on future Actuarial Valuations.