reversionary bonus

reversionary bonus A sum added to the amount payable on death or maturity of a with-profits policy. The bonus is added if the life-assurance company has a surplus or has a profit on the investment of its life funds. Once a reversionary bonus has been made it cannot be withdrawn if the policy runs to maturity or to the death of the insured. However, if the policy is cashed, the bonus is usually reduced by an amount that depends on the length of time the policy has to run.

• Consumer Credit Protection Act 1968
• consumer-credit register
• consumer goods
• consumer groups
• consumer instalment loan
• consumerism
• consumer market
• consumer-oriented marketing
• consumer preference
• Consumer Price Index
• consumer profile
• consumer promotion
• consumer protection
• consumer relationship-building promotion
• consumer research
• Consumers’ Association
• consumers’ expenditure
• consumer theory
• consumption
• contango
• content
• content analysis
• contingencies
• contingency insurance
• contingency plan