ABSLI’s Group Unit Linked Plan is a flexible and dynamic fund-based group insurance plan designed to help you manage gratuity and leave encashment liabilities effectively.
Key Features:
- Multiple Fund Options: Choose from a range of fund options tailored to different investment needs and risk appetites:
- Group Fixed Interest Fund
- Group Gilt Fund
- Group Growth Fund
- Group Growth Advantage Fund
- Group Money Market Fund
- Group Secure Fund
- Group Stable Fund
- Group Bond Fund
- Group Short Term Debt Fund
- Unlimited Fund Switches: Move between fund options as needed without any restrictions.
- Account Flexibility: Option to create either a single pooled account or multiple individual accounts for employees.
- Death Benefit: In the event of an employee’s death, either the specified benefit amount or the fund value, plus an additional ₹5,000, will be paid to the nominee.
Benefits:
- High Flexibility: Manage your investments with multiple fund options, unlimited switches, and account creation flexibility.
- Web Facility: Access to online tools for managing your investment portfolio, tracking fund performance, and making fund switches.
- Investment Advisory Service: Regular updates and advice from ABSLI to optimize returns.
- Transparency: Daily declaration of Net Asset Value (NAV) for complete visibility into your investment portfolio.
For more information or to download the plan brochure, follow the provided link.