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Bonus Material
Bonus commonly means: * Bonus, a Commonwealth term for a distribution of profits to a with-profits insurance policy * Bonus payment, an extra payment received as a reward for doing one's job well or as an incentive Bonus may also refer to: Places * Bonus, Pennsylvania * Bonus, Texas * 10028 Bonus, a main belt asteroid People * Bonus (patrician) (6th-century–627), Byzantine statesman and general, active in the reign of Heraclius * Bonus (Sirmium), a Byzantine general, active in the reign of Justin II (r. 565–578) * Petrus Bonus, a physician Brands and enterprises * Bónus, an Icelandic supermarket * TeST TST-14 Bonus, a Czech glider * Bofors/Nexter Bonus, an artillery round Energy * Bonus Energy A/S, a Danish wind turbine manufacturer, later called Siemens Wind Power * Boiling Nuclear Superheater (BONUS), a decommissioned nuclear facility in Puerto Rico Games and sports * Bonus (basketball) In the sport of basketball, the bonus situation (also called the penalty situation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
With-profits Policy
A with-profits policy (Commonwealth) or participating policy (U.S.) is an insurance contract that participates in the profits of a life insurance company. The company is often a mutual life insurance company, or had been one when it began its with-profits product line. Similar arrangements are found in other countries such as those in continental Europe. With-profits policies evolved over many years. Originally they developed as a means of distributing unplanned surplus, arising e.g. from lower than anticipated death rates. More recently they have been used to provide flexibility to pursue a more adventurous investment policy to aim to achieve long-term capital growth. They have been accepted as a form of long-term collective investment whereby the investor chooses the insurance company based on factors such as financial strength, historic returns and the terms of the contracts offered. The premiums paid by with-profits and non-profit policyholders are pooled within the insura ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |