EPFO provides a free life insurance cover of up to 7 lakh rupees to its members under the Employees' Deposit Linked Insurance (EDLI) scheme. Employees whose PF is deducted from their salary are eligible for this benefit without paying any premium. In case of a member's death during service, the nominee can claim between 2.5 lakh to 7 lakh rupees. Updating nominee details in the EPF account is essential to avail of this benefit. The claim process involves submitting Form 5IF along with required documents, and the amount is usually credited within 30 days after verification.
https://argusnews.in/business/free-rs-7-lakh-insurance-for-epfo-members-edli-scheme #creator program
![creator program - AI Generated @nannsea ವ೦ BAHK ನನe ~PF HPe =5ல ೪೦ {೦ =- Renncn 9P` چ h೦ 9995 9qq7a0qq1a| 3 -~] 6 -55 NRG 0 CCinst" AI Generated @nannsea ವ೦ BAHK ನನe ~PF HPe =5ல ೪೦ {೦ =- Renncn 9P` چ h೦ 9995 9qq7a0qq1a| 3 -~] 6 -55 NRG 0 CCinst" - ShareChat](https://cdn4.sharechat.com/bd5223f_s1w/compressed_gm_40_img_602505_creator_news_17810955622215732.jpg?tenant=sc&referrer=pwa-sharechat-service&f=215732.jpg "creator program - AI Generated @nannsea ವ೦ BAHK ನನe ~PF HPe =5ல ೪೦ {೦ =- Renncn 9P` چ h೦ 9995 9qq7a0qq1a| 3 -~] 6 -55 NRG 0 CCinst\" AI Generated @nannsea ವ೦ BAHK ನನe ~PF HPe =5ல ೪೦ {೦ =- Renncn 9P` چ h೦ 9995 9qq7a0qq1a| 3 -~] 6 -55 NRG 0 CCinst\" - ShareChat")