Jiban Bima Corporation (JBC), a state-owned company, has awarded insurance incentives and claim payouts for policyholders totalling around Taka 600 crore at various prices.
The announcement was made on Thursday during the 631st meeting of the board of directors of the life insurance.
The additional amount of money that the insurance company may provide you if you hold a specific kind of policy, known as a “Participating Policy,” is known as a bonus in life insurance.
Policyholders get this bonus, which is similar to a reward or benefit based on the insurance company’s earnings.