Citadel Insurance declared a bonus of four per cent on all its ‘with-profits’ policies active as at the end of December 2013.
The four per cent bonus will be credited to the Citadel Life Investment Bond policy accounts and the Perla Savings, which is guaranteed with a minimum of 3.5 per cent.
Policyholders who hold a Perla Protection Plan will be credited with a 4.5 per cent bonus rate, in accordance with the terms of their policy.
Over the past 10 years, the company has declared an average annual bonus of 4.4 per cent.