Key-Man Insurance & Employer-Employee Scheme.
The Practice has been reviewed and it has been decided that insurance under the employer employee scheme can be granted subject to fulfillment of the following conditions.
Employee’s shareholding in the employer company is <51% & Family shareholding in the employer company is <71%
The definition of family for the purpose of granting insurance under employer employee scheme has also been revised to employee, his / her spouse and minor children.
Pvt. or Public Ltd.
To whome u can give Keyman Insurance