Why is employee insurance necessary?

Do you think that employee insurance is needed only at enterprises whose work involves a risk to the life or health of employees? In fact, many large companies prefer to draw up employee insurance of all categories, starting with office managers who rarely leave their office, and ending with couriers. In this article, we will talk in more detail about how such a policy can be beneficial not only to the employee, but also to the owner of the enterprise or company.

Benefits of the policy for business owners

To the head or owner of the enterprise insurance online in Ukraine beneficial for the following reasons:

1. It attracts new and keeps old employees. The presence of additional social protection makes the employer very attractive in the eyes of the applicant and allows to close vacancies faster.
2. This is beneficial from the point of view of taxation. If an entrepreneur insures employees, this will significantly reduce the taxable base. A self-employed person or an organization on USN can reduce the payment of taxes by up to 50%.
3. This guarantees financial protection not only to the employee, but also to the enterprise. Think about it, because if an emergency happens during work and an employee is injured, all payments and compensations will be taken over by the insurance company. The company's budget will remain intact.

As for the benefits for the employee, they are obvious: compensation for sick leave and a guarantee of financial security in the event of an unforeseen event. In addition, the possibility of issuing a policy online makes the service very convenient and accessible for many entrepreneurs.

What are the types of corporate insurance?

An entrepreneur can issue one of the following types of policies:

1. Medical - compensates for the costs of sick leave, treatment, calling an ambulance and hospitalization of an employee.
2. From an accident - insures employees against injury or disability as a result of an accident, may be valid only during working hours or XNUMX hours a day.
3. Savings - upon hiring, the company concludes a contract with the employee and regularly deposits money into his individual account. After termination of the contract and termination of cooperation, the company pays the accumulated funds.

The latter type of insurance allows companies to keep valuable employees for a long time, since the funds accumulated during the period can be received only after the expiration of the period specified in the policy. If the employee resigns before the end of this period, he will receive only part of the money or not at all.

"Source: colonnade.com.ua"