In this policy, the investment risk in investment portfolio is borne by the policyholder

One of the several benefits offered to your employees is Leave Encashment Benefit. This benefit is associated with the salary of the individual employee which generally increases with time. Hence, it is highly essential for employers to manage the Leave Encashment liability effectively. Normally, the leave encashment benefit is payable in cases of death, retirement, resignation, termination and disability leading to cessation of employment. These events, by nature, are uncertain and hence the employer is faced with the risk of a financial liability at completely uncertain timelines. This can lead to major adverse cash flow situations for the employer.

Hence the employer needs to create adequate provisions in the accounts to meet such leave encashment liabilities at any time during the tenure of employees in the company.

This can be best achieved by the employer opting to contribute to the Reliance Life Insurance Company’s Group Leave Encashment Plan, which ensures that the Leave Encashment liability of the employer, as and when they occur, is most effectively met.

	Disclaimer
	For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale
	UIN for Reliance Group Leave Encashment Plan - 121L027V01