1. 1. gsha Since 2007
2. 2. 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
3. 3. 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)
4. 4. 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)
5. 5. G.S.HEGDE & ASSOCIATES
6. 6. 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)
7. 7. 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.
8. 8. 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.
9. 9. 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)
10. 10. 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)
11. 11. 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 employees salary and designation and length of employees service render. If the employees 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 employees nominee gets the full benefit.
12. 12. 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.
13. 13. 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)
14. 14. 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.
15. 15. 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.
16. 16. 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
17. 17. Please note: 1. The company doesnt 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 dont 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)
18. 18. Company will pay the Premium only But Will get the benefit of Insurance and Gratuity + Tax benefits. As well as employees are fully secured
19. 19. 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
20. 20. How to save company money & Protect Employees
21. 21. Get Protection against Sudden Illness & Emergency Hospitalization.
22. 22. User Manual For YOU G.S.Hegde. ADVISOR- INSURANCE + INVESTMENT & HEALTH INSURANCE (IRDA CERTIFIED)(LIC&AMHI)
23. 23. 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
24. 24. 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
25. 25. Good service score helped Apollo Munich grab three -5 stars-
26. 26. 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 companys 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
27. 27. 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 members health status through our website. Upon assessment, members will be offered personalized wellness recommendations on diet. Lifestyle and nutrition regimen.
28. 28. 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
29. 29. 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.
30. 30. 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)
31. 31. Wish you and your family a very happy & Prosperous New year G.S.Hegde. ADVISOR- Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE (IRDA CERTIFIED)
32. 32. More details are available please contact us. Dont hesitate to call us for the further details. WE Hope, This will work and It is worth.
33. 33. 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 , Invest With New Plans
34. 34. 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. Employers -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,
35. 35. Thankyou verymuchfor given US an opportunityto present G.S.HEGDE & ASSOCIATES ADVISOR-Life & General INSURANCE + INVESTMENT & HEALTH INSURANCE (IRDA CERTIFIED)