Record Breaking $32m Bonus Declaration
We celebrate a record-breaking Bonus allocation of approximately $32 million that will be shared amongst our Policyholders.
We are delighted to advise that despite the economic downturn caused by the pandemic, BSP Life maintained the Reversionary Bonus rate at 2.5% for annual paying products and 2% for single premium products.
In addition, BSP Life maintained the terminal Bonus rate at 0.85% for policies maturing and terminating in 2021. Individual Bonus statements will be issued from April via email and uplaoded on to our online customer portal MY BSP Life.