ABSLI’s Group Unit Linked Plan is a comprehensive fund-based or unit-linked insurance plan designed to help employers manage gratuity and leave encashment liabilities efficiently. The investment risk is borne by the policyholder.
Key Features:
- Flexible Fund Options: Choose from a variety of fund options tailored to different investment needs:
- 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 different fund options without restrictions.
- Account Flexibility: Options 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 investment portfolio with multiple fund options, unlimited switches, and account creation flexibility.
- Web Facility: Access online tools to manage your investments, track fund performance, and make fund switches.
- Investment Advisory Service: Receive regular updates and advice from ABSLI to optimize your returns.
- Transparency: Daily declaration of Net Asset Value (NAV) for full visibility into your investment portfolio.
For more details or to download the plan brochure, follow the link provided.