he went on to add that if an EPF account holder dies during the service period, his nominee or natural heirs will be eligible for up to Rs 6 lakh insurance under EDLI benefit. Elaborating Upon the ...

The EPFO, under the Ministry of Labour and Employment, administers the EPF, EPS, and EDLI schemes. Under Section 17 of the EPF Act, eligible employers may establish their own trust if they offer ...

If yes, you are eligible for life insurance up to ₹7 lakh under the Employees Deposit Linked Insurance (EDLI) scheme. In other words, if an EPF member passes away while in service, the Employees ...

Following the actuarial valuation of the Employees' Deposit Linked Insurance (EDLI) scheme, the Board approved key modifications to the scheme to provide greater financial security and support to ...