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, Works at Life Insurance Corporation of India. Vested Bonus is the bonus which is already accumulated in you policy at the end of particular financial year. Every year LIC declares bonus in its Participating/with profit policies according to valuation of actuarial department of LIC.
Vested vs Invested â¢ Invested means having put in time, effort, or money into something for a favorable result. â¢ Vested means protected by law such as power vested in someone. â¢ Vested interest means special reason that makes a person biased towards something. â¢ Something vested is inalienable, complete, and permanent. â¢ A teacher invests his time and effort on his pupil. â¢ Personal stake in something makes one biased towards it, and it is said that he has vested interests.