1. Knowledge Base & Help Centre
  2. Human Resource Management (HRM)

How to Record Insurance Premium | WorkPay Help Center

How to Record Insurance Premium Insurance Premium
Written by Margaret Mwangi

• Go to "Benefits" on MAIN Menu

• Click Life Insurance.

• Click on New Premium

• Select the employee, the Start and End date, and the amount

• Click Save

Once you have recorded the premiums, proceed to the allowance page and record a new allowance called Insurance Relief Benefit( 15% of insurance premium payments as tax relief).