AMP Sanmar to pay 6 per cent bonus

By Our Banking Bureau | 06 Aug 2004

Chennai: AMP Sanmar Life Insurance Company has declared bonuses on three of its products. It has declared a bonus of 6 per cent (simple) on the sum assured, consisting of 4 per cent reversionary plus two per cent non-recurring reversionary, on its Nithya Shree plan.

The company has declared a three per cent (compound) bonus on Subha Shree, consisting of two per cent regular and one per cent additional non-recurring.

On the money back scheme called Dhana Shree and the child protection plan Yuva Shree, AMP Sanmar has issued a three per cent bonus — two per cent reversionary and one per cent additional non-recurring reversionary.