Group-Term and Gratuity
Bimasansar Insurance Broking Pvt. Ltd. offers the best and trustworthy customer service in terms of offering policies and covers that matches precisely the needs and wants of our clienteles.
In today time retention of good employees is an issue, the Group – Term, Health and Gratuity are great retention tools and in the eyes of prospective employees your company is seen as a progressive one which takes care of its employees.
As per the Gratuity Act 1972, its mandatory to pay gratuity to all employees who have completed the service of 5 years or more. as a result of this mandate one time payment can lead to a strain on the working capital and hence a provision for this needs to be made on accumulated basis. insurance gratuity schemes help the employers in this process.