- Zee Business
Do you know EPFO provides insurance cover up to Rs 7 lakh? Know how it is calculated and how one can
The Employees' Provident Fund Organisation (EPFO), an integral support system for salaried individuals in India, offers multiple schemes. While most know about the EPF Scheme and the Pension Scheme (EPS), not too many salaried employees know about the Employees' Deposit-Linked Insurance (EDLI) scheme. A distinctive feature of the EDLI scheme is the provision of life insurance coverage up to Rs 7 lakh, with the employer bearing the cost of contributions.