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The profits are allocated to each with-profit policy and are paid as reversionary bonuses in addition to the specified sum insured. reversionary bonus n. a bonus added to the sum payable on death or at the maturity of a with-profits assurance policy. Forum discussions with the word (s) "reversionary bonus" in the title: No titles with the word (s) "reversionary bonus". Visit the English Only Forum.

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Reversionary bonus

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Reversionary bonus

This bonus is declared annually and is accrued to be paid out at the time of a claim or maturity. Reversionary bonus adds value to the total amount payable; Interim bonus is calculated for the remaining days from the last bonus date. Check our bonus declaration! Define Reversionary Bonus.
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particularly guaranteed bonus and variable cash bonuses are capped. There are.

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It cannot be removed after declaration. The annual bonus may consist of two parts. The guaranteed bonus is an amount normally expressed as a monetary amount per £1,000 sum assured.