Met Life declares policy bonus for FY 77/78

Kathmandu: Met Life Insurance Company has announced bonus rates for the fiscal year 2077/78. The bonus rate has been published after the approval of the actuary’s report for the financial audit of the company for the fiscal years 2020/2021by the Insurance Board.

In addition, until the next actuarial valuation of the company is approved by the IB, the bonus rate will be allocated in the insurance policies, death claims, full or partial claims payment, surrender value claims, paid value claims and new insurance policies. The policy bonus will be effective unless a new policy bonus is approved.

The company has set a minimum bonus rate of Rs. 45 to a maximum of Rs 80 in various policies issued.

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