A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z - Main Page

Whipsaw Glossary

Currently viewing the definition of: Terminal Bonus
 
 
 A terminal bonus is a bonus added to the sum assured of a with-profits endowment policy and payable on maturity or death if earlier. The bonus is based on the investment return of the underlying investments, the term of the policy and the amount invested.