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Deposit linked insurance benefits hiked to Rs 6 lakh

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Retirement fund manager EPFO has decided to increase the benefits under the Employees’ Deposit Linked Insurance (EDLI) scheme to Rs 6 lakh from the current Rs 3.6 lakh. The decision was taken at a meeting of the apex decision making body of the Employees Provident Fund Organisation (EPFO) — the Central Board of Trustees — on Wednesday in Hyderabad.
“The maximum sum assured under the EDLI scheme have been increased to Rs 6 lakh from Rs 3.6 lakh. This is higher than the original proposal to...

Deposit linked insurance benefits hiked to Rs 6 lakh

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