ABSLI’s Group Value Plus Plan is a non-participating unit-linked plan designed to help employers accumulate funds for employee benefits such as gratuity and leave encashment liabilities. In this plan, the investment risk is borne by the policyholder.
Key Features:
- Fund Options: Choose from multiple fund options.
- Unlimited Fund Switches: Make unlimited switches between funds.
- Account Flexibility: Create a single pooled account or multiple accounts.
- Investment Options: Choose between ‘Self Managed’ or ‘Market Cycle’ options.
Fund Options:
- Group Money Market Fund
- Group Bond Fund
- Group Fixed Interest Fund
- Group Gilt Fund
- Group Growth Advantage Fund
- Group Growth Fund
- Group Growth Maximiser Fund
- Group Income Advantage Fund
- Group Secure Fund
- Group Short Term Debt Fund
- Group Stable Fund
Benefits:
- Death Benefit: Upon the death of a member, a benefit amount specified by you will be paid, plus an additional amount of Rs. 5,000.
- Self-Managed Option: Freedom to decide how to invest premiums with nine fund options to suit specific needs.
- Market Cycle Option: Structure your portfolio according to your risk profile—Aggressive, Moderate, Conservative, or Assure.
- Multiple Accounts: Maintain separate accounts as needed; premium investment and fund value are tracked separately for each account.
Eligibility:
- Available for Employers, Trusts, Central and State Governments, Public Sector Undertakings (PSUs), Corporates, and MNCs.
For more details, download the Plan Brochure or contact ABSLI for personalized support.