Insurance

Earnings multiple approach

A commonly used term in employee benefits, a group life plan provides an employee with a predetermined amount of life insurance coverage, typically one or two times their annual salary. This type of plan is offered by an employer to their employees as a form of financial protection in the event of an employee's death.

Related terms

Participating Policy

Understand the meaning and definition of Participating Policy in the context of stock market, trading, and investments.

MORE
Apportionment

Understand the meaning and definition of Apportionment in the context of stock market, trading, and investments.

MORE
Annuity Certain

Understand the meaning and definition of Annuity Certain in the context of stock market, trading, and investments.

MORE
Secondary Beneficiary

Understand the meaning and definition of Secondary Beneficiary in the context of stock market, trading, and investments.

MORE
Entire contract clause

Understand the meaning and definition of Entire contract clause in the context of stock market, trading, and investments.

MORE
Social sector

Understand the meaning and definition of Social sector in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers