Security – consistent returns through professional and pooled fund management
Reliability – dedicated service team
Flexibility – manage a wide range of scheme rules
Depending on the scheme rules, the benefits in the event of death, retirement, resignation, withdrawal or any other exit of the members as per scheme rules will be payable. Such benefits will be payable from the policy account of the master policyholder or member as applicable.
In the event of death of the member sum assured will be paid to the nominee, as advised by the master policyholder. The insurance cover is compulsory for Gratuity and Leave Encashment schemes. There is no insurance cover for superannuation schemes. Such benefits will be payable by the Company. Tax Benefits*:
Income Tax benefits/exemptions are as per the applicable income tax laws in India, which are subject to change from time to time. Please consult your tax advisor for details.