State Life Bonus Rates 2026: Reversionary, Terminal and Loyalty Bonus per Rs 1,000 for Every Plan
State Life bonus rates 2026 for whole life, endowment, Sada Bahar and anticipated plans, plus terminal and loyalty bonus, with a worked Rs 500,000 example.
State Life's reversionary bonus for 2026 is Rs 134 per Rs 1,000 of sum assured on a whole life policy in policy years 6 to 16, and Rs 117 per Rs 1,000 on an endowment of 20 years or more in the same years. The rates come from the actuarial valuation as at 31 December 2025 and apply to with profit rupee policies in force for the full sum assured. Below is every plan's rate, the terminal and loyalty bonuses paid on claims in 2026, and a worked example you can copy for your own policy.
Bonus is how State Life shares its profit with policyholders. It is credited to your policy each year and paid at maturity or death. We read State Life's bonus rates page on 31 October 2026, and the figures below are as State Life publishes them.
Reversionary bonus 2026 depends on plan, term and policy year
The reversionary bonus is declared per Rs 1,000 of sum assured, in three bands: the first five policy years, years 6 to 16, and year 17 onwards. Older policies earn more. Endowment rates also fall as the policy term gets shorter.
| Plan | Years 1 to 5 | Years 6 to 16 | Year 17 onwards |
|---|---|---|---|
| Whole Life | Rs 62 | Rs 134 | Rs 206 |
| Endowment, 20 years and over | Rs 52 | Rs 117 | Rs 178 |
| Endowment, 15 to 19 years | Rs 35 | Rs 98 | Rs 111 |
| Endowment, 14 years and less | Rs 21 | Rs 80 | None |
| Platinum Plus | Rs 32 | Rs 120 | None |
| Sada Bahar, 20 years and over | Rs 46 | Rs 105 | Rs 178 |
| Sada Bahar, 15 to 19 years | Rs 32 | Rs 91 | Rs 111 |
| Sada Bahar, 14 years and less | Rs 24 | Rs 80 | None |
| Anticipated Endowment, 20 years and over | Rs 35 | Rs 85 | Rs 136 |
| Anticipated Endowment, 15 to 19 years | Rs 25 | Rs 73 | Rs 80 |
| Anticipated Endowment, 14 years and less | Rs 20 | Rs 64 | None |
The endowment rates cover a long list of plans, including Endowment Assurance, Golden Endowment, Jeevan Sathi, Shad Abad, Child Protection and Marriage, Muhafiz Plus and Rural Life. Big Deal gets the endowment rate on 25 per cent of its sum assured only. The anticipated endowment rates apply to the Three Payment Plan and the Family Pension Plan.
A worked example: Rs 500,000 endowment in its eighth year
Take a 20 year endowment with a sum assured of Rs 500,000, now in its eighth policy year. Its 2026 band is years 6 to 16 at Rs 117 per Rs 1,000. That adds Rs 58,500 of reversionary bonus to the policy for the year.
The sum is simple: divide the sum assured by 1,000, then multiply by the rate. Rs 500,000 divided by 1,000 is 500, and 500 times Rs 117 is Rs 58,500. This is our arithmetic, not a State Life statement for any real policy.
- Find your plan and term on the policy schedule.
- Count your policy year from the commencement date.
- Pick the band and rate from the table above.
- Divide the sum assured by 1,000 and multiply by the rate.
- Ask your zonal office for the total bonus already attached.
Bonus already credited stays with a matured policy even if nobody collects it. State Life lists such policies in its unpaid claims search, by name or policy number.
Bonus is only credited to policies in force for the full sum assured. A lapsed or paid up policy does not earn the reversionary bonus. For your exact running total, the zonal office that services your policy is the only source, as State Life says on the page.
Terminal and loyalty bonuses are paid only on claims in 2026
The terminal bonus is extra money paid at maturity or death in 2026, on policies where more than ten years' premiums have been paid. It is Rs 90 per Rs 1,000 for each year's premium beyond ten, up to Rs 1,800 per Rs 1,000. It has no surrender value.
| Bonus | Rate | Who gets it |
|---|---|---|
| Terminal bonus | Rs 90 per Rs 1,000 per year beyond 10, max Rs 1,800 | In force policies, not Anticipated Endowment |
| Special terminal bonus | Rs 10 per Rs 1,000 per year of FIB beyond 10, max Rs 200 | Policies with Family Income Benefit over 10 years |
| Loyalty terminal bonus | Rs 200 per Rs 1,000 | Policies with risk year 2006 or earlier |
| Paid up terminal bonus | Rs 90 per Rs 1,000 paid up sum per year beyond 10, max Rs 1,800 | Paid up policies on the books over 10 years |
So a 20 year policy maturing in 2026, with all 20 premiums paid, gets 10 years beyond ten at Rs 90, or Rs 900 per Rs 1,000. On Rs 500,000 of sum assured that is Rs 450,000 of terminal bonus, by our arithmetic. State Life still adds old one time bonuses for very old policies, such as the Millennium bonus of Rs 51 per Rs 1,000.
Other plans get a rate on cash value or pension
Some plans do not use the per sum assured table. The Super, Sunehri and Shehnai policies get Rs 125 per Rs 1,000 a year on the adjusted opening cash value. The Committee Policy is credited at 12.50 per cent a year for quarters falling due in 2026. Personal Pension Scheme payments rise by Rs 125 per Rs 1,000.
For a Family Income Benefit already being paid to heirs, the rupee section of the page says it rises by 7.5 per cent. That text names policy anniversaries in 2027 for deaths on or before 2025, while the foreign currency section names 2026 and 2027 the other way round. The dates look mistyped, so ask your zone which year applies to you.
The major surgery benefit pays half the sum assured in advance
With profit rupee policies in force for at least five years can get 50 per cent of the basic sum assured in advance if the insured has a listed major surgery in 2026. The cap is Rs 500,000, or Rs 1,000,000 for policies in force at least ten years. The insured must be aged 20 to 65.
Covered procedures include coronary bypass, aorta surgery, heart valve replacement, a major organ transplant, craniotomy and major cancer surgery, when caused by disease rather than injury. The advance is later deducted from the maturity or death payment.
Bonus is part of the payout, and payouts can be taxed if a policy is cashed in early. The rules are in tax on a life insurance surrender or payout. To see where your own policy stands, the State Life policy check works with the policy number.
Common questions
What is the State Life bonus rate for 2026?
For a whole life policy it is Rs 62, Rs 134 or Rs 206 per Rs 1,000 sum assured, depending on the policy year. Endowments get Rs 21 to Rs 178.
When is the State Life bonus paid?
Reversionary bonus is credited each year and paid at maturity or death. Terminal and loyalty bonuses are paid only on claims in 2026.
Does a lapsed policy get bonus?
No. The reversionary bonus applies to policies in force for the full sum assured at 31 December 2025.
Are future State Life bonus rates guaranteed?
No. State Life says future rates may go up or down with each actuarial valuation.
What are the bonus rates for dollar and dirham policies?
Whole life policies get 20, 57 and 71 per 1,000 in USD or AED across the three policy year bands.
How much bonus did State Life allocate for 2025?
A State Life press release of 6 May 2026 says it allocated more than Rs 181 billion in policyholder profit bonuses.
How we verified this
What we checked, where we read it, and what we could not confirm.
Last checked 31 October 2026. All rates come from State Life's bonus rates page, declared on the actuarial valuation as at 31 December 2025, and the Rs 181 billion figure from State Life's press release of 6 May 2026. We read both on 31 October 2026. The worked examples are our own arithmetic. We could not confirm which year the Family Income Benefit increase applies from, because the page gives different years in two places.
About the author
Global Affairs & Political Economy Writer
Muhammad Hatim is a book lover who started writing because he enjoys it. At Pakistan Era he writes about international relations, geopolitics and the global economy, with a particular interest in South Asia and the forces behind current events.
