• Master Policyholder: Employer/Trustees
• Coverage: The minimum group size is 10 members
• Entry age: 18 to 70 years (last birthday)
• Minimum contribution: Rs 1 lakh at inception
• Sum Assured: Rs 1,000 per employee (fixed)
• Premium Paying Frequency: Annual, Half Yearly, Quarterly or Monthly
• Reinstatement period: 5 years from date of lapse, post which the scheme gets terminated
• Mortality Premium: This will be payable separately from the Contribution

• Funds available:                  Pension Cash Fund (ULGF00531/03/2006GROUPCASHF122), Pension Debt Fund (ULGF00310/03/2006GROUPDEBTF122), Pension Secure Fund (ULGF00113/07/2005GROUPSECUR122), Pension Growth Fund (ULGF00410/03/2006GROUPGROWT122), Pension Enhancer Fund (ULGF00810/12/2007GROUPENHNR122), Pension Balanced Fund (ULGF00210/03/2006GROUPBALAN122), Pension Short Term Debt Fund (ULGF00613/02/2009GROUPSDEBT122), Pension Income Fund (ULGF00728/03/2011GROUPINCOM122)

Retirement, resignation / termination of employment of employee:

The Master Policyholder will be paid an amount equivalent to the amount payable to the employee as per the Company’s Leave Encashment Rules by canceling the units of equivalent amount from the Master Policyholder's account.

Death Benefit:

In case of death of the insured employee, the sum assured will be paid to the master policyholder, who in turn, will settle the account with the beneficiary of the insured employee.

Tax Benefits

• Tax benefits are as per the provisions of the Income Tax Act, 1961. Tax laws are subject to change.

·         Allocation Charge

·         Fund Management Charge

·         Mortality Charge

·         Surrender Charge