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Group Products

By opting for group products of LIC, your company can reap lot of benefits. The major group products are as follows :

For further details Call on- 022- 6698 1100 or Mail us on : info@satvam.com with your contact details or write to us.

Group Products

Product name
Group Gratuity Product	Effective management of statutory obligation under the Payment of Gratuity Act, 1972 Attractive yield Option to add life cover Free Actuarial certificate from LIC compliant with prevailing Accounting Standards Tax Benefits
Group Superannuation Scheme	Creates bonding of employees to employer due to sense of security of pension Reduces attrition Tax benefits
Group Leave Encashment	Management of leave encashment liability in effective way Option for life cover Attractive yield
Group Term Insurance Scheme	Insurance protection to all or specified employees which generates employees loyalty towards work & organisation Competitive premium rate Tax benefits Option for double accident benefit
Group Insurance in lieu of EDLI	Better alternative to the statutory EDLI arrangement with RPFC Option of uniform or graded life cover No medical examinations Speedy claim settlement Option of additional cover for accident Tax Benefits

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Group Products