The Concept :: Employer-Employee Scheme Kotak Life Insurance Plans In today’s’ scenario, the relation between the employer & employee has to be fine, for the benefit of the Organization / employer & the employee. Whatever be the size of the company, whether it’s small or Midsize Or Big, this concept is applicable! The Employer – Employee Scheme is an wonderful concept of joining hands together forever in terms of Rewards, Retention, Financial stability, Tax treatments etc. Whatever be the size of the company Or number of privileged employees, we can offer this scheme. As an Employee ...
EMPLOYER - EMPLOYEE SCHEME Employee have an insurable interest in their employees and vice- versa. On the primary consideration alone, provided we are able to satisfy ourselves about the total absence of the moral hazard element in any given proposal, we would be justified in grating an insurance cover on employee’s life. There can be various reasons for employed to have his employees lives covered. The main reasons are given here under- . i) An enlightened employers may like to make provision as a welfare measure through life insurance for the dependants of the employee in case of employee’s ...
Employee Insurance A powerful way to reward your people What is Employee Insurance? What is Automatic Acceptance Limit? In a nutshell, you get insurance cover for your Each Employee Insurance plan and cover type employees, which your business buys ‘in bulk’ – usually will have its own AAL which means employees are with no underwriting and at a cost much lower than automatically covered up to specified limits, usually equivalent cover currently offered for individual policies. without the need to undergo medical exams or provide a medical history. Generally, the bigger the pool of What makes up a Employee ...
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