period; (c) Terminal bonuses paid during the inter-valuation period; (d) Loyalty additions or other forms of bonuses, if any, paid during the inter-valuation ... interim bonuses paid; (b) To terminal bonuses; (c) To loyalty additions or any other forms of bonuses, if any; (d) Among policy-holders with immediate
life assured surviving the policy period, maturity
amount along with loyalty addition is payable, which, however, has not been
quantified in the respective policy documents ... conditions of the policy, the maturity
amount was calculated along with loyalty addition and was offered as
maturity benefit to the respective life assured
life
assured surviving the policy period, maturity amount along with loyalty
addition is payable, which, however, has not been quantified in the policy
document, which ... calculated in a sum of Rs.3,00,200/- along
with loyalty addition in a sum of Rs.1,80,120/- in all totalling
life
assured surviving the policy period, maturity amount along with loyalty
addition is payable, which, however, has not been quantified in the policy
document, which ... calculated in a sum of Rs.3,00,200/- along
with loyalty addition in a sum of Rs.1,80,120/- in all totalling
life assured surviving the policy period, maturity
amount along with loyalty addition is payable, which, however, has not been
quantified in the respective policy documents ... conditions of the policy, the maturity
amount was calculated along with loyalty addition and was offered as
maturity benefit to the respective life assured
assured as Rs.7,50,000/- plus loyalty additions as per the original
policy document.
W.P. No. 25120 of 2025 filed under Article ... assured as Rs.5,00,000/- plus loyalty additions as per the original
policy document.
For Petitioners : Mr. D.Ashok Kumar
For Respondents
Which is already mentioned on Original Policy Bond)
Loyalty Addition:
Rs. 16,57,940/- (As mentioned in plan condition)
Total ... received only Rs. 51,48,340/- as maturity value
along with loyalty addition, thus resulting in loss of Rs. 4,32,980/- under his
Jeevan
Which is already mentioned on Original Policy Bond)
Loyalty Addition:
Rs. 16,57,940/- (As mentioned in plan condition)
Total ... received only Rs. 51,48,340/- as maturity value
along with loyalty addition, thus resulting in loss of Rs. 4,32,980/- under his
Jeevan
Which is already mentioned on
Original Policy Bond)
Loyalty Addition: Rs. 7,54,490/- (As mentioned in plan condition)
Total ... Which is already mentioned on
Original Policy Bond)
Loyalty Addition: Rs. 7,54,490/- (As mentioned in plan condition)
Total
Party towards payment of
Guaranteed Loyalty. And the Opposite Party through mail dated
1.9.2022 further informed that Guaranteed Loyalty Addition is not
payable ... first year annual premium will be used to provide Guaranteed
Loyalty Additions and will not be allocated to the Investment funds".
The Complainant submits
