with an old client and we were discussing the current uncertainty in the market, more so, for business owners.
He asked me if there were more protection options for businesses and I did mention the Employer-Employee Scheme.
We plan to go ahead, but if you are wondering what the Employer-Employee Scheme is and how you can avail it…here’s a small lowdown.

What is employer-employee scheme?
· Life Insurance policy purchased by an employer on the life of its employee/s as a welfare scheme is known as employer employee scheme (EES).
· Arrangement is based on the principle of insurable interest which an employer has on its employees.
· Both the employee and the employer are benefited.

How does this benefit the company?
· Enhances employee retention, and promotes employee engagement.
· Tax benefit as premiums are treated as expense under Section 37 (1).
· Saves cost of hiring and training new employees.

What benefits would the employee receive?
· Sense of financial security and performance reward.
· Financial Security for the dependents.
· Build retirement corpus.

I hope this helps, do WhatsApp me on 9869238025 for further queries.