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HDFC Group Unit Linked - Leave Encashment Plan

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Insurance Company  HDFC Standard Life Insurance Company Ltd 
Plan Name  HDFC Group Unit Linked - Leave Encashment Plan 
Plan Nature  ULIP 
Plan Category  Leave Encashment Plan 
UIN No.  101L017V01 
About Plan  Many employers provide their employees with the option of encashing their leave to their credit at the time of retirement or resignation. Accounting Standard 15 requires that an actuarial valuation of a company leave encashment liability be carried out and reflected in the books of accounts. The HDFC Group Unit Linked Leave Encashment Scheme is an innovative plan, which offers employers a flexible and cost effective way to fund this Leave Encashment liability. 

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