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HDFC Group Unit Linked - Gratuity Plan

Summary Info

Insurance Company  HDFC Standard Life Insurance Company Ltd 
Plan Name  HDFC Group Unit Linked - Gratuity Plan 
Plan Nature  ULIP 
Plan Category  Gratuity Plan 
UIN No.  101L022V02 
About Plan  Most employers have a statutory obligation to pay a gratuity to its employees on termination of employment. This gratuity is in the form of a one-off payment made on termination of employment. It depends on salary and number of years of service, so will therefore increase with time. The HDFC Group Unit Linked Gratuity Scheme is a new and innovative unit-linked plan, which offer employers and gratuity scheme trustees a flexible and cost effective way to fund this gratuity liability. 

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