of Insurance in his letter has proposed for declaration of
bonus for the triennium for 01-04-2008 to 31-03-2011
based on the report of the Actuary.
3. After considering the report of the Actuary, and
the recommendations of the Director of Insurance, on the
results of Valuation of Andhra Pradesh Government Life
Insurance Fund for the triennium from 01-04-2008 to 3103-2011, Government hereby permit the Director of
Insurance to declare the following bonus.
a. A simple reversionary Bonus of Rs. 100/- per thousand
sum assured per annum be allotted for each full
month, during which the polices were in force between
01-04-2008 to 31-03-2011, in respect of policies
which were in force on 31-03-2011. However, such
of these policies which resulted into claim by death
or maturity on or after the declaration of previous
valuation results (for the triennium 2005-2008) and
before the present valuation results are declared, are
not allowed any bonus now as they were settled on
the basis of interim bonus at the rates recommended
in the previous valuation report.
b. In respect of policies which become claims by death
or maturity on or after the date of declaration of
present valuation results and before the next valuation
results are declared, interim bonus be allotted for
each full month for which such policy is in force during
the period from 01.04.2011 to the date of death or
end of the policy as the case may be, at the rate of
Rs 100/- per thousand sum assured per annum. In
respect of policies surrendered during the above
period, interim bonus is paid provided the policy is in
force on the next valuation date also i.e. interim
bonus is not paid for broken period of a valuation
triennium.
4. The above bonus rates shall be applicable to
the claims arisen on or after the date of issue of this order.
5. The Director of Insurance, A.P., Hyderabad shall
take necessary action in the matter accordingly.
6. Copy of this order available on Internet and can
be accessed at address http\\www.ap.gov.in.goir.
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF
ANDHRA PRADESH)
Dr. D. SAMBASIVA RAO
PRINCIPAL SECRETARY TO GOVERNMENT (FP)
ORDER:
Government hereby direct that the following
orders, wherein certain financial authorizations and
allowances were given to the poll personnel shall hold good
for the purpose of conduct of General Elections, 2014
Simultaneous Elections to the LokSabha and State
Legislative Assembly to be held in two phases i.e., on 3004-2014 & 07-05-2014.
1. G.O.Ms.No.669, G.A.
(Elecs.C) Dept.,
dt:18-11-1989.
2. G.O.Ms.No. 433, G.A.
(Elecs.C) Dept., dt: 0407-1991.
3. M e m o . N o . 4 1 5 7 /
Elecs.C/2004-3,
dt: 22-05-2004.
4. G.O.Rt.No. 1407, G.A.
(Elecs.C) Dept.,
dt: 27-03-1996.
Remuneration to Village
Servants for Poll day
Permanent Advance to the
D.E.O, the R.D.O,
the R.O etc.
5. G.O.Rt.No. 1408, G.A. Relaxation of rules for
settlement of T.A. Claims for
(Elecs.