You can choose from multiple fund options
You can make unlimited switches between funds
Option to create a single pooled account or multiple accounts
Death benefit for the employees
With this plan, you will have the flexibility to choose from multiple fund options:
Group Fixed Interest Fund
These funds invest your money in 100% debt instruments. You can choose this fund option to invest in high credit rated corporate bonds, while maintaining a medium level of risk.
Group Gilt Fund
These funds invest your money in Government Securities. You can choose this fund option to achieve safe and consistent returns over a long-term period.
Group Growth Fund
These funds invest in fixed income securities and high-quality equities. You can choose this fund option to achieve a balance between capital appreciation and stability over the long-term.
Group Growth Advantage Fund
These funds invest your money in a mix of fundamentally strong Blue-chip companies, and debt and money-market instruments. This provides a good blend of capital appreciation and investment security.
Group Money Market Fund
These funds invest your money in high quality debt and money market instruments. You can choose this fund option to gain reasonable returns with high level of capital conservation.
Group Secure Fund
These funds invest your money in fixed income instruments and equities. You can choose this fund option to generate decent returns with moderate level or risks over the long-term.
Group Stable Fund
These funds invest your money in fixed income instruments with short-term duration. You can choose this fund option to gain good returns during a short-term period, while ensuring a high level of capital preservation.
Group Bond Fund
These funds invest your money in high credit rated corporate bonds. You can choose this fund option to gain stable returns along with capital preservation, maintaining a medium level of risk.
Group Short Term Debt fund
These funds invest your money in 100% debt instruments for short durations. You can choose this fund option if you want a high level of capital preservation and liquidity.
- High level of flexibility in terms of multiple fund options, unlimited switches between the funds, and an option to create a single pooled account or multiple accounts.
- Upon the death of an employee, either the benefit amount specified by you or the fund value will be paid to his/her nominee. In addition to this amount, Rs. 5,000 will also be paid.
- You can manage your investment portfolio, track the performance of your funds, make fund switches, and do much more using our web facility.
- Investment advisory service from ABSLI. You will receive regular updates about how to manage your portfolio to gain maximum returns.
- You will get complete transparency as far as your investment portfolio is concerned. The NAV of funds is declared on a daily basis.
Frequently Asked Questions
Are returns guaranteed under GULP?
No. Since GULP is a group ULIP plan, the returns are based on the fund’s performance in which your money is invested.
How much life cover will I get with this plan?
By investing in this plan, you will get assured life cover of Rs. 5,000 for all your employees.
Can I cancel the plan after its purchase?
Yes. You can cancel and return the policy anytime during the free-look period of 15 days from the date of purchase.
What are the surrender benefits promised under this plan?
Upon the surrender of the policy, the fund value of each account of the policy will be paid to the policyholder.
Service for Policy Holders
For West region - 9088020805
For South region - 9916992444
For East and North region - 9560425798
Write to Us
For or any query, Please write to firstname.lastname@example.org
For West region - Anandita.Dubey2@adityabirlacapital.com
For South region - Karundeep.Kaur@adityabirlacapital.com
For East and North region - Ashish.Bhardwaj@adityabirlacapital.com
The Trade Logo “Aditya Birla Capital” Displayed Above Is Owned By ADITYA BIRLA MANAGEMENT CORPORATION PRIVATE LIMITED (Trademark Owner) And Used By ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED (ABSLI) under the License.”
The linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of the fifth year from inception.
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI).
This is a non-participating unit linked plan. ABSLI Group Unit Linked Plan are only the names of the Company and Policy respectively and do not in any way indicate their quality, future prospects or returns. The names of the funds offered in this plan do not in any way indicate their quality, future prospects or returns. The charges are guaranteed throughout the term of the policy unless specifically mentioned and subject to IRDAI approval. The value of the investment fund reflects the value of the underlying investments. These investments are subject to market risks and change in fundamentals such as tax rates etc affecting the investment portfolio. The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of investment fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. There is no guarantee or assurance of returns from the investment funds. ABSLI reserves the right to recover levies such as the service tax levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. For further details please refer to the policy contract. Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of the solicitation. For more details on risk factors terms and conditions, please read the sales brochure carefully before concluding the sale. Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of the fund and factors’ influencing the capital market and the insured is responsible for his or her decision. Aditya Birla Sun Life Insurance Company Limited is only the name of the Insurance Company and Group Value Plus plan is only name of the unit linked life insurance contract and funds and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document. The various funds offered under this contract are the names of the funds and do not any way indicate the quality of these plans, their future prospects and returns .The Past performance of the Unit linked fund(s) of the company is not necessarily indicative of the future performance of any of these Unit linked fund(s).
Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Call Centre: 1-800-270-7000 www.adityabirlasunlifeinsurance.com IRDAI Reg. No. 109 | CIN: U99999MH2000PLC128110 ADV/9/20-21/1218 UIN: 109L036V04