3. Life Insurance
(LIC/ KOTAK/Shriram)
Health Insurance(Medi-claim)
(Including Diabetes and Hypertension Persons )
(Individual & Family)
Investments
(with Variety of schemes)
Fixed Deposits
(With Different Sectors)
Easy Travel Insurance Motor Insurance
Personal Accident Insurance Building Insurance
Employer Employee Insurance & Health
insurance
Pan Card
Policy Servicing Real Estate
(Ownership/Rent/Pagadi- NEW/Second Sale-
1BHK/2BHK /SHOP)
All Prepaid Mobile/DTH Recharge
WE ARE HAPPY TO HELP YOU TO protect you & your family but we need your help.
: Our Services:
Secure You & Your Family for Better Tomorrow…
With G.S.Hegde & Associates
4.
5. We are pleased to introduce ourselves as
part of Best Team at Mumbai.
We have a very rich experience by
attending Seminars, Special Trainings,
Conference & Programs etc. In
Life Insurance & Health insurance Industry.
We promise to give-Genuine-Sincerely-
Believable-Honest Services to All.
G.S.Hegde.
ADVISOR-Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)
6. The purpose of this is to provide
innovative solutions with our fresh ideas
in the fields.
Salient features of some plans are given
below:
G.S.Hegde.
ADVISOR- Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)
8. INSURANCE SCHEMES:A Necessity of Modern Business Organization
Employer Employees Insurance /Gratuity
&
Health Insurance
&
Individual & Family-All type of Insurance with LIC & Health Insurance with AMHI
G.S.Hegde.
ADVISOR- Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)
9. Dear Sir,
LIC offers Life Insurance protection under various groups such as
employer-employees, professionals, firms, co-operatives, weaker
sections of society etc. It also provides insurance coverage to people
at subsidized rates under Different Schemes.
Exit of an employee due to resignation will result in immediate
financial loss to company, as the Employer has to spend considerable
amount of time and money to recruit and train the new employee
and moreover upon exit of an employee, the employer may loose
some of the trade secrets. Than question arises, how does a
company retain the Employees?
The company on the lives of Employees purchases Life Insurance,
which will provide money to their family members in event of their
premature death and also makes provision for their old age. These
additional benefits will act as sufficient inducement to continue with
the present Employer.
10. REASONS
PROVISION AS A WELFARE MEASURE THROUGH LIFE INSURANCE
FOR THE DEPENDANTS AND OLD AGE PROVISION FOR EMPLOYEE.
AS A SUFFICIENT INDUCEMENT OR ENCOURAGEMENT FOR THE
EMPLOYEE TO CONTINUE IN THE ORGANIZATION.
AS A REWARD OF GOOD SERVICES FOR THE SELECT BAND OF
EMPLOYEE.
AS AN ADDITIONAL BENEFIT TO THE EMPLOYEE.
11. Eligibility of Companies:
There is no restriction for
Companies/Firm proposing on the
lives of the Employees,
However Employer has to assign
the policy in favour of Employee
within reasonable time.
G.S.Hegde.
ADVISOR- Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)
12. CONDITIONS FOR EMPLOYER EMPLOYEE
SCHEME
A. PROPOSAL WILL BE TREATED AS INDIVIDUAL PROPOSAL FROM
THE EMPLOYEE.
B. SUM ASSURED WILL BE DETERMINED ACCORDING TO
FINANCIAL UNDERWRITING OF INDIVIDUAL.
C. IF EMPLOYER IS THE PROPONENT, THE POLICY SHALL BE
ASSIGNED AT THE EARLIEST BY THE EMPLOYER IN FAVOUR OF
EMPLOYEE AS PER THE AGREEMENT BETWEEN EMPLOYER
AND EMPLOYEE.
D. PROPOSAL SHOULD BE SIGNED BY AUTHORISED PERSON
FROM THE EMPLOYER.
G.S.Hegde.
ADVISOR- Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)
13. •Employees Insurance &Gratuity:
Dear Sir,
Many Companies are adopted /Started following type of suitable beneficiary Plans.
Employees Insurance and Gratuity purpose and company cost cutting and saving
purpose, they have choose LIC plan, which cover employees Insurance and at the
end, they will get the Big amount, you can say this is a Gratuity amount.
Company has to pay the premium and company will get Income tax benefits.
Company can show this amount as a provision for gratuity of the employees.
Company should take the policy according to the Gratuity amount .
You can pay the premium amount Yearly, Half yearly or quarterly. Company can
fix the premium as per the employee’s salary and designation and length of
employees service render.
If the employee’s Death /Accident -occur / happened/ take place, His/Her nominee
will get the amount as per policy, Company will not pay anything, but LIC will
pay. In this case, Less Burden to the company.
Company paid only the premium amount. But employee’s nominee gets the full
benefit.
14. Tax Benefits of Employer Employee Insurance:
•Premium paid by company will qualify as eligible
business expenses under Sec.37 (1) of the Income Tax Act.
•Premium paid by the company are treated as perquisite in
the hands of the Employee (under Sec.17 (2) (V) of the
Income Tax Act.)
•Employee is entitled to claim tax rebate u/s 80C for the
premiums paid by the employer.
•Maturity proceeds are tax free u/s 10(10D) in the hands of
employee.
15. Employer Employee Scheme
• Provide insurance on the lives of Executives / Employees as
a perks and security
• encouragement to employees to continues with him.
• Employer may give benefits to his select band of employees
as a reward for good services and who could not be
otherwise compensated.
• The insurance premium paid -employer will get 100%
deduction under section 37(1)-as business expenditure.
• Premium paid by the employer will attract provision under
section 17(2)(v)-income chargeable to income tax at the
hands of employee(if the income is more than 1 lac).
• Maturity proceeds will be tax free in the hands of employee
under section 10(10)(D)of IT Act 1961.
G.S.Hegde.
ADVISOR- Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)
16. Illustration
Employer pays premium (Say Rs 10,000)
Employer is eligible for tax
benefit under Section 37(1)
at corporate tax rates
(33.66%)
Employer reduces tax
liability for the year by Rs
3366/-
Employee pays tax in premium
at personal tax rate (Rs 3000 for
30%slab)
Employee can claim tax benefit
under Section 80C (Rs 3000 as
set off for 30% slab).
Net Tax Liability = 0
A win – win situation for both
Note: Personal Income Tax Surcharges not taken into account, but the impact will not change because of that.
17. How Employer Employee Insurance is Bonanza for corporate sector?
•Employees will consider the premiums paid by the Employer
as one of the additional service benefits.
•It will act as sufficient Inducement for the employees to
continue which the same employer, which saves lot of money
required to recruit and train the new employee.
•It will act as welfare measure for the Employee, as it
provides Income to their Families in event of their premature
death and also take care of their old age.
18. Other reasons for Employer Employee Insurance:
•For the benefit of Employees for better
relationships.
•To fulfill the employment contract between
Employer &Employee.
•For the benefits under labour laws to create funds.
•To provide for Gratuity.
Strive Succeed Sustain
Koshish Kamyadi Kayam
19. Please note:
1. The company doesn’t require permission of PF authority.
2. The premiums paid are allowable expenses under heading REMUNERATION
& BENEFIT to Employee u/s 32 of Income Tax Act.
3. The expenses under this scheme are genuine expenses and don’t come under
discretionary power of Income Tax.
The company requires big amount to pay gratuity at the time of retirement of the employee.
This amount has to be created during the service period of employee by providing
reasonable amount every year. The amount provided every year for Gratuity can be
invested in LIC. Policy through EMPLOYER EMPLOYEE INSURANCE SCHEME.
This is the provision of the labour laws and income tax,
which indirectly applies for gratuity purpose.
G.S.Hegde.
ADVISOR- Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)
20. Company will pay
the Premium only
But
Will get the benefit of
Insurance and Gratuity + Tax benefits.
As well as employees are fully secured
21. Triple Cover Benefits- -More Risk cover
Less premium
Death Benefit
*Natural Death: Triple S.A. + Bonus for no. of years premiums paid + FAB if any.
E.g. Death after 5Years:
3, 00,000+25,000(100x50x5) +Nil
=3, 25,000/-
*Accidental Death: Four times S.A.+ Bonus for no. of years premium paid + FAB if any.
E.g. Death after 17 years:
4, 00,000+85,000(100x50x17)+2,000 (100x20)
=4,87,000/-
Maturity- S.A. + Bonus + FAB
1,00,000 + 1,05,000(100x50x21)+5,000(100x50)
Total =Rs. 2,10,000/-
G.S.Hegde.
ADVISOR- INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)(LIC&AMHI)
21years plan
25. Employee Insurance Program
This presentation is a summary of the employee
benefit insurance policies offered to the
employees by The Company. It contains the
necessary details related to your insurance policies
like benefits available, claims procedures,
enrollment process, as well as contact details.
If you have questions or need any additional
information, We will be happy to assist in all
matters concerning to your Insurance Benefits.
Don't let medical emergencies affect your family & savings.
Get Insurance Claims Easily now!
We know healthcare. We know Insurance
G.S.Hegde.
ADVISOR -INSURANCE + INVESTMENT & HEALTH INSURANCE
Cashless treatment
across
4000 hospitals in 800
cities
26. Dear Sir,
Every company is responsible and will take care of their employees
including Medical.
Many companies are taking GROUP MEDICAL Insurance for all
employees,
Some companies CEO are smart, so they are using their Idea and do
some changes and saved company money. Therefore they have taken
Health Insurance for each employee according to their nature of
work and designation/ salary. So it is variable.
Sick employee should admit to the hospital as per the procedure.
Expenses will be paid by AMHI
Company will pay
Premium only
28. Pre-Hospitalization-The medical expenses that you incur due to illness
during the 30 days immediately before you are hospitalized. The same will be
increased to 60 days. If you intimate us 5days prior to hospitalization.
Post-Hospitalization- The medical expenses you incur in the 60 days
immediately after you are discharged from hospital. The same will be increased to
90 days .If you intimate us 5 days prior to hospitalization.
Day- care Procedure- The medical expenses for enlisted 140 day-care
procedure, which do not require 24 hours hospitalization due to technological
advancement are covered.
Cumulative Bonus- You get a Cumulative Bonus (CB) of 10% for every claim-
free year accumulating up to 50% (In the event of a claim, CB will be reduced by
20% of SI on the next renewal)
Portability-If you are insured with some other company’s health insurance and
you want to shift to us on renewal, you can. Our Portability Policy is customer
friendly and aims to achieve the transfer of most of the accrued benefits and
makes due allowance for waiting periods etc.
Features and Benefits:
We aim to make our claims process transparent, fair, quick and satisfactory.
Emergency Ambulance - upto Rs. 2000
New Born Baby
Maternity Expenses- with waiting period of 4&6Years
29. Additional Cover for Critical Illness (Optional)-With the Exclusive and Premium variants of Easy Health
Insurance Plan you can opt for an additional cover for Critical Illness which covers for Cancer, Coronary artery
(Bypass) surgery, first heart attack ( myocardial infarction). Kidney failure (end-stage renal disease), Major
organ transplantation, multiple sclerosis, paralysis and stroke, This is an optional benefit and can be opted as
per you need. The sum insured for Critical Illness can be either 50% or 100% of your basis sum insured.
Tax Benefits- With the Easy Health Individual/Family Health Insurance Plans you can presently avail
tax benefits for the premium amount under Section 80D of the Income Tax Act. (Tax benefits are subject to
change in Tax Laws).
Health line- Just ring us and quote your customer ID to reach our experts and avail their help in
primary consultation, health –related counseling, individual referrals, health information, nutrition and diet.
The services on the Health line would be available at no extra cost to the customers. They will be constantly
augmented to cover further areas of health and well being to include personalized health and wellness
solutions.
Cashless Hospitalization- In additional to reimbursement of claims at all hospitals, the Easy
Health Insurance Plan is valid on a cashless basis in over 4000 hospitals listed in the guide book to be sent
along with the policy and updated periodically on our website www.apollomunichinsurance.com
You need to obtain a pre-authorization for all planned admissions atleast 48 hours prior to actual admission or
regularize any ‘emergency’ admission with 24 hours post the admission. The details of the process and the
documentation requirements are given in the guide-book sent along with the policy.
Health Risk Assessment- Every Apollo Munich Health Insurance customer will be
provided with an access to a health risk assessment tool, which helps to profile each
member’s health status through our website. Upon assessment, members will be
offered personalized wellness recommendations on diet. Lifestyle and nutrition
regimen.
30. Tax Benefit under 80(D)
Room Rent Facility
Renew Option
Portability
Ambulance Services
Min Premium Max Benefit
Pre& Post Hospitalization
Day- care Procedure
Maternity Expenses
Cashless Hospitalization
G.S.Hegde.
ADVISOR- INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)
Cashless treatment across 4000 hospitals in 800 cities
Covers all types hospitalization
No Age Limit
31. Thanks
Thanks for choosing LIC as your preferred vendor/partner for Your Employer& Employees Insurance
K.K.Shetty.
Sr.Manager-LIC
(902-Branch)
Ganapati S. Hegde
Advisor-LIC
CELL -8097227159
Prakash Bhat-MD
ABSE(I) PVT LTD.
32. Thanks
Thanks for choosing AMHI as your preferred vendor/partner for Your Employer& Employees Health Insurance
Rajeev Nardas
Manager
Ganapati S. Hegde
Advisor-AMHI
CELL -8097227159
-AMHI
Prakash Bhat-MD
ABSE(I) PVT LTD.
G.S.Hegde.
ADVISOR- Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)
33. Wish you and your family a
very happy & Prosperous
New year
G.S.Hegde.
ADVISOR- Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)
34. More details are available
please contact us.
Don’t hesitate to call us for the
further details.
WE Hope, This will work and
It is worth.
35. Varity of Suitable Plans to Meet Your Needs
Contact: G.S.Hegde.
Tel.No. 0251 2404291.
CellNo.8097227159/9969250379.
Email-hegde_gs@yahoo.co.in
ganapati.hegde7@gmail.com
Thanking you……
See you soon……
Contact us soon…
L I C के साथ
अब करोड़पति बनना आसान, है Invest With New Plans
36. G.S.Hegde.
ADVISOR- Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)(LIC&AMHI)
Cell : 8097227159/9969250379 Email: hegde_gs@yahoo.co.in
Sr.Consultant: Tax Planning/Insurance & Investment/Policy Problems.
Employer’s -Employees Insurance &Gratuity or Group Insurance & Health Insurance.
Supplies-Uniforms-Schools, colleges, office staffs, companies & Factories.
Since-2007
WE ARE HAPPY TO HELP YOU TO protect you & your family but we need your help.
Office:1, Swapna Purti, Ground Flr, Near Two Water Tank, M.P.Road, Dombivli (W) 421202.
Resi: Flat no.10, 2ndfloor, Deep Vaibhav CHS Ltd, Bohirwadi, M.P.Road Dombivli(W)Thane-421202
WE ARE HAPPY TO HELP YOU
protect you & your family
we need your help.
Yours sincerely,
37. Thankyou verymuchfor given
US an opportunityto present
G.S.HEGDE & ASSOCIATES
ADVISOR-Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE
(IRDA CERTIFIED)
