Overview
EDLI is the short form of Employees deposit linked insurance scheme. It gives insurance coverage subject to a maximum amount of seven lakh (7,00,000/-) in the event of natural death, illness & accident. The scheme is applicable to all establishment covered under EPF Act 1952.
Applicability of EDLI
Every Employee registered to EPFO is applicable to avail EDLI benefits
Breakup of EDLI Contribution
The funding of EDLI or contribution towards EDLI is done by employer on behalf of his employee apart from EPF & EPS contribution, 0.50% of total salary of employees, minimum Rs.500
