the ability to use insurance as an additional tool to motivate staff.<\/li><\/ul>\n\n\n\nCorporate endowment insurances are tacitly called “golden handcuffs”. The policyholder has the right to appoint the insured person, ie the employee, as the beneficiary.<\/p>\n\n\n\n
The insured may also appoint himself as the beneficiary. In this case, the employee will receive money if he fulfills the conditions specified in the supplementary agreement.<\/p>\n\n\n\n
For example, to retain valuable personnel, the employer may pay an insurance amount depending on the length of service in the organization.\u00a0<\/p>\n\n\n\n
Employees with experience of 5 years or more receive 100% of the sum insured, from 3 to 5 years – 80%, from 2 to 3 years – 50%.\u00a0If an employee has worked for less than 2 years and quits, he loses the right to accumulative insurance.<\/p>\n\n\n\n
The main insured event under corporate endowment life insurance contracts is indicated by the insured and the insurer to survive until the end of the contract. That is, on the day the contract expires, the beneficiary receives the agreed sum insured.<\/p>\n\n\n\n
For the risk of “Death of the insured person”, the insurer, depending on the terms of the contract, pays the full sum insured or returns the contributions made to the policyholder or beneficiary.<\/p>\n\n\n\n
When choosing an insurer, prefer well-known companies with a long history of work in the market (more than 10 years).\u00a0<\/p>\n\n\n\n
Pay attention to the investment yield on the company’s contracts over the past few years.\u00a0Profitability information can be found on the company’s website.\u00a0It should not be too high or low, as this indicates a risky or inefficient investment policy, respectively.<\/p>\n\n\n\n
The standard can be considered the yield on an annual deposit in large banks minus 1.5 – 2 percentage points. That is, if the return on an annual deposit in large retail banks for the year is 9%, the normal return on a long-term insurance policy is 7%.<\/p>\n\n\n\n
Personal corporate insurance increases the competitiveness of the company in the labor market and optimizes taxation. VHI agreement and endowment insurance can be used as an additional tool to motivate employees<\/p>\n","protected":false},"excerpt":{"rendered":"
What types of personal insurance can the company use With the help of personal insurance programs, a legal entity solves three tasks: attract and retain employees.\u00a0Corporate insurance, such as VHI or accident insurance, provides employees with additional social protection.\u00a0This makes the employer attractive in the eyes of employees. Optimize taxation.\u00a0Insurance of employees at the expense […]<\/p>\n","protected":false},"author":9,"featured_media":9510,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[485],"tags":[1530],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/mazingus.com\/wp-content\/uploads\/2022\/05\/download-19-1-1.jpg","_links":{"self":[{"href":"https:\/\/mazingus.com\/wp-json\/wp\/v2\/posts\/9507"}],"collection":[{"href":"https:\/\/mazingus.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mazingus.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mazingus.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/mazingus.com\/wp-json\/wp\/v2\/comments?post=9507"}],"version-history":[{"count":1,"href":"https:\/\/mazingus.com\/wp-json\/wp\/v2\/posts\/9507\/revisions"}],"predecessor-version":[{"id":9512,"href":"https:\/\/mazingus.com\/wp-json\/wp\/v2\/posts\/9507\/revisions\/9512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mazingus.com\/wp-json\/wp\/v2\/media\/9510"}],"wp:attachment":[{"href":"https:\/\/mazingus.com\/wp-json\/wp\/v2\/media?parent=9507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mazingus.com\/wp-json\/wp\/v2\/categories?post=9507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mazingus.com\/wp-json\/wp\/v2\/tags?post=9507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}