Question

What is the Cumulative Bonus offered under Medicare
Policy?
A- 50% of SA for each claim free Year,
Maximum of 100% of SA
B-10% of SA for each claim free Year,
Maximum of 50% of SA
C-10% of SA for each claim free year,
Maximum of 100% of SA
D - 50% of SA for each claim free year,
Maximum of 50% SA​

Answer 1

1. Cumulative Bonus: We will offer Cumulative Bonus of 10% of the Sum Insured for every claim free year accumulating up to 100% of sum insured. In the event of a claim, the cumulative bonus shall be reduced by 10% at the time of renewal.

Answer 2

Answer:

....................