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Bajaj Allianz Life announces one-time bonus for policy holders

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Press Trust of India Mumbai

Bajaj Allianz Life Insurance Company today announced a one-time special bonus at 1 per cent of the base sum assured, which is payable at the time of claim, for all its policyholders who have participating policies as on March 31, 2018.

The one-time bonus is over and above the compounded reversionary Bonus declared for respective participating plans, the company said in a release here.

Along with the one-time Special Bonus, Bajaj Allianz Life has also declared the yearly compounded reversionary bonus that is computed on the sum assured and all accumulated bonuses. ************ Royal Orchid Hotels opens property in Dahej, Gujarat *

Royal Orchid Hotels today announced the launch of its new 4-star property Regenta Central Hestia in Dahej, Gujarat, featuring 69 rooms.

 

"Regenta Central Hestia is our ninth property in the state. We have already embarked on our journey to add 15 new properties in India with focus on the tier II and III cities," Chander K Baljee, managing director, Royal Orchid Hotels, said.

The hospitality company currently operates 48 hotels across India. ************ Kerala eyes 8 lakh tourists to see Neelakurinji in bloom *

Kerala is expecting over 800,000 travellers to visit Munnar from July-October to witness the Neelakurinji blooming, which unleashes a visual delight once in every 12 years.

"As many as 6,28,427 tourists had visited Munnar in 2017 with an increase of 34.31 per cent compared to 4,67,881 vacationers in 2016. The Tourism Department is expecting a growth of 79 per cent in tourist arrivals to Munnar this year. This unique lifecycle of the plant makes the hills a must-visit destination for travel enthusiasts," Tourism Director, P Bala Kiran said in a release here.

Kerala Tourism, he said, has also been taking several steps to improve the tourism infrastructure in Munnar to accommodate maximum tourists at Neelakurinji hotspots.

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First Published: Jun 01 2018 | 6:00 PM IST

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