Participation Fund

[JeffLKS]

What is a participation fund in a insurance policy?

 

[Perisher]

Can refer to this
http://deluxeforums.hardwarezone.co...rance-words-terms-their-meanings-5709240.html

 

[JeffLKS]

Can refer to this
http://deluxeforums.hardwarezone.co...rance-words-terms-their-meanings-5709240.html

This is excellent. Thousands of thanks.

 

[JeffLKS]

Bonuses/Paid-up Additions and Coupon/Survival Benefit are paid separately right? How about Terminal Bonus and Surrender Value?

I don't understand what amounts i am getting upon policy maturity.

 

[Shion]

Bonuses/Paid-up Additions and Coupon/Survival Benefit are paid separately right? How about Terminal Bonus and Surrender Value?

I don't understand what amounts i am getting upon policy maturity.

Terminal bonus I think you will receive it only when you surrender your policy (depending on the product, the insurer may have terms like you need to hold for certain number of years before surrender) or when your policy matures.

You can login to your account on the insurer's website and check the current surrender value. The numbers should be there.