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The competent authority is pleased to decide that PLI bonus in respect of policies in force on or after 1st July, 2004 comprising Civil, Defense and Air Force sections of the Post office insurance Fund will be paid to the policy holders at rates mentioned below:

Revised Bonus Rates

The Chairman Pakistan Postal Services Management Board has enhanced PLI bonus rate in respect of policies in force on or after 1st July, 2004 comprising Civil, Defense and Air Force sections of the Post office insurance Fund will be paid to the policy holders at rates mentioned below:

 

S.No

Class of Policy

Rates Per Thousand Per Annum

First five years Beyond five years Irrespective of duration
1 Whole Life Insurance Police Rs. 72 Rs. 96 .......
2 Whole Life Paid up Police ........ ....... Rs.72
3 Endowment Insurance Police Rs.60 Rs.72 .......
4 Endowment Paid up Police ....... ....... Rs.60

 

The existing bonus will continue to be paid on the amount of sum assured on the date of maturity or death, if earlier, of the policy holder. The policies surrendered after 1st July 2004 and till the date of declaration of the next bonus rates will receive bonus for such portion of the period as the polices were in force. Fraction of a rupee will be ignored while calculating bonus.

 

 

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