Hi Manish ,
Please could you help us in understanding whether private sector employees who are contributing to EPFO are entitled by default for availing the benefits of Employees’ Deposit Linked Insurance (EDLI) Scheme .
As per my knowledge in case an EPFO subscriber dies, his family will be entitled to maximum sum assured of Rs 3.6 lakh as per new revised rules instead of existing Rs 1.56 lakh…If this is true….What is the process to be followed by legal heirs of EPFO subscriber incase of his/her sudden demise to get this EDLI benefits.
Regards
Ravindranath