Business Studies, asked by zahidulhaque853, 1 year ago

When an interim bonus is paid under a with profit policy this normally represents a bonus covering what period

Answers

Answered by shivangi2506
3

Explanation:

Bonuses are usually declared at the end of the financial year. But, in case a policy matures or death occurs in between the two successive bonus declaration dates, the interim bonus is then payable.

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