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People urged to check life cover linked to workplace pensions for ash shortfall
3+ week, 3+ day ago (696+ words) Death-in-service cover may not be enough to clear a mortgage or meet a family's other financial commitments. Millions of workers may have life cover provided through their employer, often as part of a workplace pension or wider employee benefits package....
₹7 lakh EDLI payout explained: How EPFO calculates insurance benefits for families - BusinessToday
3+ week, 5+ day ago (435+ words) The Employees’ Deposit Linked Insurance (EDLI) Scheme provides life insurance cover to eligible EPFO members without requiring them to pay a separate premium. In the event of an employee’s death while in service, the nominee or legal heir can receive…...