LICI declares 2008 bonus to policyholders
Life Insurance Corporation of India (LICI), Fiji Operations, the leading provider of Life insurance services in the country  has successfully completed its annual Actuarial valuation for the year 2008.

The company has declared record bonuses to all its customers (policyholders) holding a "With Profit" policy.

LICI pays annual reversionary bonus to all participating policies and the bonus amounts are added to the customers policy account. 

The amounts along with the sum assured become payable at the time of policy maturity or on unfortunate earlier death of the life assured. 

For the year 2008 there are over 42000 customers who will benefit from the bonus payout which amounts to over F$5.9 million.

This is a record payment considering the present state of the global as well as the local economy. LICI has consistently declared bonus which are higher than comparitive rates of the competitors.  
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