What is Profit Sharing?
In cumulative life insurances, big funds are formed by bringing all the premiums of all of the policy holders after making the legal compulsory deductions from the premiums paid. These funds are channelled into investment under the state guarantee.
The amount derived as a result of the investments which is going to be distributed to the policy holders is called the profit share. The rate of the profit share is calculated according to the share of the policy holder within the fund channelled to investment.
Our Profit Sharing Rates (%)