Insurance

Vesting Bonus

One important term in the field of finance is bonus. This is a term used by insurers to refer to the additional amount that is given to the policyholder. It is calculated after assessing the company's assets and liabilities. This bonus is then added to the original sum assured stated in the policy.

Related terms

Money Back Plan

Understand the meaning and definition of Money Back Plan in the context of stock market, trading, and investments.

MORE
Blanket coverage

Understand the meaning and definition of Blanket coverage in the context of stock market, trading, and investments.

MORE
Cost of risk

Understand the meaning and definition of Cost of risk in the context of stock market, trading, and investments.

MORE
Pure premium

Understand the meaning and definition of Pure premium in the context of stock market, trading, and investments.

MORE
Revocable beneficiary

Understand the meaning and definition of Revocable beneficiary in the context of stock market, trading, and investments.

MORE
Common disaster clause

Understand the meaning and definition of Common disaster clause in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers