Often people think that if a private job employee dies while on duty, his family gets financial help only from the company or PF. But very few people know that there is also a government life insurance scheme – whose name is EDLI (Employees’ Deposit Linked Insurance Scheme). This scheme is operated by EPFO (Employees’ Provident Fund Organization). Under EDLI, if an employee dies while in service, a lump sum sum assured is paid to his nominee or legal heir. Benefit Range: Minimum Sum Assured: ₹2.5 Lakh Maximum Sum Assured: ₹7.5 Lakh And even if the employee has not completed one year, the family will still get a benefit of ₹50,000. (New Amendment – February 2025) Now the rule of “Continuous Service” has also been made easier – a gap of up to two months between two jobs will now be considered as continuity of service. Claim Process: Nominee has to fill Form 5 IF and send it to EPFO Commissioner along with all the documents. Once all documents are complete, payment is released within 20 days. Remember, your PF is not just a retirement fund but also a life insurance for your family! EDLI — A Silent Protector for the safety of your family.
