SBI Life - Kalyan ULIP Plus

SBI LIFE - KALYAN ULIP PLUS

"Care, transparency and flexibility!"
1. Market- linked
2. Loyalty additions
3. Systematic transfer option
4. Customized services and dedicated relationship manager

'A unit-linked, non-participating, group pension product'.

Do you want to offer your employees a range of must-have protection and savings products while taking the hassle out of managing these funds?

SBI Life - Kalyan ULIP Plus is a plan for Employer-Employee groups. It is a one-stop solution that combines the benefits of gratuity, leave encashment and superannuation schemes for your employees while you benefit from efficient fund management.

This plan offers -
1. Security - take care of the protection and retirement needs of your employees
2. Reliability - dedicated service team
3. Flexibility - design the scheme for your employees as per your requirements

Empower your employees to make the most of their lives by securing their financial future.

HIGHLIGHTS
1. ULIP
2. Group Plans
3. SBI Life - Kalyan ULIP Plus
4. Employer - Employee Plans
5. Fund based

Features & Benefits

Features

1. Experienced and professional fund management for employee benefit schemes
2. Fusion advantage to provide higher loyalty addition rate
3. Six fund options including systematic transfer option
4. Can manage Defined Benefit (DB) or Defined Contributions (DC) schemes or a combination
5. Free unlimited online fund switches and contributions redirections under Leave Encashment and Gratuity schemes

Advantages

Security
1. Employees receive corpus amount accumulated during their employment period
2. Financial security for their beneficiary in case of any eventuality
3. Higher loyalty additions by clubbing multiple policies held by single or group companies of the same master policyholder

Reliability
1. Dedicated services catering to your operational needs

Flexibility
1. Reduce investment risk through systematic transfer option
2. Fund management for master policy or member level depending on the type of scheme

Avail tax benefits*

Plan Benefits

Scheme Benefit
Depending on the scheme rules, the benefits are payable in the event of death, retirement, resignation, withdrawal or exit due to other reasons. These benefits will be paid from the policy account of the master policyholder or member as applicable

Insurance Benefit
In the event of death of the member, Sum Assured of Rs.1,000 will be paid to the nominee.
This benefit is available under Leave Encashment and Gratuity schemes and is payable in addition to the scheme benefit.

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.

Who can buy