Group Superannuation Cash Accumulation Plan

Group Superannuation Cash Accumulation Plan (UIN: 512N274V01)

  1. Introduction: This is a non–linked non-participating Group Superannuation Cash Accumulation plan. This plan is suitable for employer having Defined Contribution/Defined Benefit Superannuation Scheme for their employees/members.

An employer willing to fund the superannuation benefit may create a Trust and appoint Trustees. The Trust so formed will be the Master Policyholder/Policyholder of the scheme. Otherwise the employer itself will be the Master Policyholder/Policyholder.