Sonali Life Insurance declares bonus

Sonali Life Insurance Company Ltd. has declared the highest bonus rate when compared to all the 4th generation life insurance companies, says a press release.

For the year ended December 31, 2019, in accordance with the company's valuation of the asset and liabilities, Sonali Life Insurance Company Ltd. declared Taka 75 as bonus per thousand of sum insured on all active individual policies with profit and also declared 10 per cent cash dividend for all shareholders. Reversionary bonus will be applicable to all policies with profit which were active as on Dec 31, 2019. The bonus will be payable to the policy holders on maturity or to the nominee in case of death.