What is EDLI Scheme? | Free Insurance of up to 700000 |Benefits of EDLI| Who is Covered under EDLI?

Описание: Employees Deposit Linked Insurance Scheme or EDLI is an insurance cover provided by the EPFO (Employees Provident Fund Organisation) for private sector salaried employees. The registered nominee receives a lump-sum payment in the event of the death of the person insured, during the period of the service. EDLI applies to all organizations registered under the Employees Provident Fund and Miscellaneous Provisions Act, 1952. All such organizations must subscribe to this scheme and offer life insurance benefits to their employees. This scheme works in combination with EPF and EPS. The extent of the benefit is decided by the last drawn salary of the employee.

What is EDLI Scheme? | Free Insurance of up to 700000 | Benefits of EDLI| Who is Covered under EDLI?

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