Insurane

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Reshma Golani (Querist)
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13 October 2013 what is the difference between ins exp & ins investment..it meanse which type of insurance are treated as Invesment or Expeense??

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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13 October 2013 Premiuim paid is considered as exp on insurance like wise commision paid etc is also exp.

Capital sum assured on insurance is called as investment for taking policies.

@VaibhavJ

@VaibhavJ (Expert)
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13 October 2013 Ryt!!

Expenses are written off in same year, Investment is something against which you received amount spent back in future.

Thanks//VaibhavJ

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