You can take policy from LIC with intimation to PF office. That policy must have over & above benefits form PF EDLI policy. After exemption you need to send form 7(IF) every month alongwith the PF monthly returns to PF office.
From India, Pune
Form 7 IF is the Monthly Return to be submitted by the establishments exempted from the EDLI Scheme, 1976 in favour of Group Insurance Scheme of the LIC. To the best of knowledge it has not been dispensed with. You can request the office of RPFC to issue a duplicate/certified copy of the EDLI exemption letter.
From India, Mumbai
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