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Keyman, Partnership & Employer-Employee Insurance

Business owners can protect the business against the loss of a key person and reward key employees through structured life insurance. Tax treatment depends on the structure, so it needs to be set up correctly from day one.

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Who it suits

  • Proprietors, partners and company directors
  • Businesses that depend on one or two key people
  • Employers who want to retain senior staff

Common mistakes

  • Wrong proposer and beneficiary structure
  • Cover not linked to the key person's value
  • Not reviewing tax treatment with a CA

What we check

  • Correct proposer, insured and beneficiary
  • Cover based on business value and loans
  • Plan type suitable for the purpose
  • Coordination with your CA on tax

Watch: Detailed Video Explanation

Employer–Employee Insurance Scheme Explained: Tax, Retention, Business Risk & ComplianceMore videos on our channel

What our clients say

★★★★★

As a practicing CA, I value unbiased and structured advice. Family First Financial Services – Anil Rajpurohit helped me compare multiple insurance options across insurers and select the most appropriate plan as per my requirements. Highly recommend for professional and transparent insurance planning.

A
Agarwal & Jain, CAPracticing CA

From our Google Business Profile. Read all 28 reviews

Frequently asked questions

Is keyman premium tax deductible?

Tax treatment depends on the structure and current law. We coordinate with your CA so the structure is correct.

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