Understanding the EDLI Benefit Increase: What Does the New 7 Lakh Cover Mean for You?

jagdish.pathak
Dear All, The Employees' Deposit Linked Insurance Scheme (EDLI) is an insurance cover provided by the Employees' Provident Fund Organization (EPFO). A nominee or legal heir of an active member of EPFO receives a lump sum payment in the event of the member's death during the service period. All organizations covered under the Employees' Provident Fund (EPF) and Miscellaneous Provisions Act, 1952 are automatically enrolled for EDLI. This scheme works in combination with EPF and EPS.

EDLI Benefit Increase

The EDLI benefit has been increased from 6 Lakhs to 7 Lakhs. Please find attached the notification for your reference.
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