New Delhi, Aug. 18 -- The Employees Provident Fund Organisation (EPFO), provides insurance cover for salaried individuals in the private sector under its Employees Deposit Linked Insurance (EDLI) scheme, which functions in compliment to the Employees' Provident Fund and Employees' Pension Scheme (EPF and EPS, respectively).

It provides families with a lumpsum payout in case of the EPF subscriber's death during the period of service and is calculated on basis of the insured individual's last drawn salary.

Today, we explain how you can avail the benefit with no additional charges, and file claims with the retirement organisation:

Eligible EPF members are auto enrolled in the EDLI scheme at no additional cost if more than 20 employees fro...