Dependents of Covid-19 victims can claim Rs 7 lakh insurance from EPFO
If the deceased was into a formal employment, contributing to the EPF, he or she will be eligible for life insurance in the range of Rs 2.5 lakh to Rs 7 lakh in proportion of the basic salary
The second wave of Covid-19 has hurt many families. The daily death count has crossed 4,500-mark. While nothing could make up for the emotional loss, any financial support to the bereaved family could be a boon in such difficult times. One such is Employees Deposit Linked Insurance (EDLI) Scheme. If the deceased was into a formal employment, contributing to the Employee Provident Fund, he or she will be eligible for life insurance in the range of Rs 2.5 lakh to Rs 7 lakh in proportion of the basic salary.
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