EPFO provides a free life insurance cover up to Rs 7 lakh under the Employees' Deposit Linked Insurance (EDLI) scheme for PF account holders. Employees don't need to pay any premium; instead, the employer contributes 0.50% of the basic salary plus DA. In case of a worker's death during service, the nominee receives between Rs 2.50 lakh to Rs 7 lakh. To qualify, an employee must have been in continuous service for 12 months prior to their demise. https://www.dharitri.com/epfo-without-premium-free-life-insurance-scheme-edli-know-here-rules-benefits-process-to-apply-online/ #creator program