Following are the different types of Gratuity/Leave Encashment Insurance Plans from Aviva Life:
Aviva Group Gratuity Advantage
- A group Unit-Linked Insurance Plan (ULIP) specifically designed for corporate sectors
- Tailor-made policy on the basis of an individual's requirements
- The policy provides with a lump-sum amount to the employees or their dependents
- Comes with the flexibility to invest in a variety of unit linked funds
- Convenience to transfer the past service contributions offered
- Provides with the administrative support
Aviva New Group Leave Encashment Plan
- Designed to provide with the advantages to the employees such as leave encashment payable in the future
- Comes with the flexibility to invest in a number of unit linked funds
- Multiple investment options are offered under this plan so that you can invest in group debt and equity fund
- Comes with the flexibility to switch between various funds
- Provides with the contribution redirection
Aviva New Traditional Employee Benefit Plan
- A customized plan from Aviva Life for meeting the needs of the corporate sector
- Has been designed to help the employees for benefits pertaining to gratuity and leave encashment after resignation, retirement or death