Accounting for Keyman insurance policy premium.

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F-Greena (Querist)
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04 September 2007 How 2 account Keyman insurancy policy preimum, in which out of total premium one portion goes 2 term insurance and other goes to investment. Insured is Company , however it is observed that policy is assigned in the later years in the name of Director. How 2 account

CMA Gul S

CMA Gul S (Expert)
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15 September 2007 Hello Greena,

Check this link, whether this answers your question, please confirm

http://www.pwc.com/extweb/pwcpublications.nsf/docid/D0F9B818A9D597F9CA25730F0012F17E/$file/india.pdf