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From The Glossary »

Reversionary Bonus:

The so-called conventional contract that, like the non-profit contract, provides a guaranteed benefit (the sum insured) and then offers the benefit of this guaranteed sum insured being increased by participation in the surplus created by the insurer. This surplus is distributed by way of regularly declared "reversionary bonuses" that are added to the sum insured and paid in full when there is a claim on death or on maturity. The amount of surplus ...

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