Consumers: Short-term » Directory

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From The Glossary »

Policy Bonus:

In life insurance this refers to bonuses received under a Participating Policy. In short-term insurance this refers to amounts payable in terms of a pre-determined formula applied to the underwriting and investment results achieved on a policy. In a short-term environment policy bonuses are used to encourage insured to apply sound risk management.

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Consumers: Short-term » Directory

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From The Glossary »

Policy Bonus:

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