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EDLI LIFE INSURANCE
Will this EPF insurance limit rise to Rs 10.50 lakh after EPF wage ceiling hike to Rs 25,000?The government has approved raising the EPF wage ceiling to Rs 25,000. This change will significantly increase the Employees’ Deposit Linke...- Did you change your EPF nomination after marriage? Time to act is now, as it becomes invalid if you don’tDid you realize that getting married may nullify your EPF nomination? This frequent oversight can lead to significant issues for your famil...
- SBM Bank India plans 26% stake sale, appoints consultantSBM Bank India is exploring a twenty-six percent stake sale to fund its expansion plans. The bank has appointed a consultant and is current...
- In 1969, Apollo 11 astronauts, Neil Armstrong, Buzz Aldrin and Michael Collins, headed to the Moon without a traditional life insuranceIn 1969, Apollo 11 astronauts, Neil Armstrong, Buzz Aldrin and Michael Collins, headed to the Moon without traditional life insurance. NASA...
- ET Business Growth Summit-Ahmedabad highlights tech and innovation as next growth driversThe ET Business Growth Summit in Ahmedabad recorded strong industry participation, underscoring the resilience of businesses in the region.
- From gold and LIC policy to SIPs and crypto: How investment habits changed from Boomers to Millennials to Gen ZModern Indians are redefining investment strategies; rather than saving first, the youth now prioritise their financial goals before choosi...
- Top Quote of the Day by Milton Friedman, Joseph Stiglitz and Paul Krugman: What do Nobel Prize-winning economists understand about human behavior and financial freedom? Life lessons on decision-making, mindset, wisdom, success, character, personal growth, and why their economic insights still shape smarter choices todayToday's Top Quote of the Day by Milton Friedman, Joseph Stiglitz and Paul Krugman: Milton Friedman, Joseph Stiglitz, and Paul Krugman spent...
- EPF vs mutual funds: Which is better for retirement? EPFO compares returns, tax, pension benefits and riskThe Employees Provident Fund offers retirement security and employer contributions. Mutual funds are voluntary investments with market-link...
- EPFO's New PF Rules Explained: Faster withdrawals, three-day settlement and other key changesEPFO Rule Changes Explained: The Centre has revamped EPF rules, promising faster claim settlements within three days for withdrawals and 20...
- Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
- Up to Rs 7 lakh insurance cover for every salaried employee: How family of deceased EPFO member can claim this EDLI cover amountThe Employees’ Deposit Linked Insurance (EDLI) Scheme offers lump sum death benefits to private sector employees, ranging from Rs 2.5 lakh ...
- New EPFO rules for death benefit: 3 changes announced under the EPF's EDLI scheme; check detailsThe EPFO's Central Board of Trustees announces changes to the Employees' Deposit Linked Scheme to enhance benefits for families of EPF memb...
- Enhanced insurance benefits for EPFO members extended retrospectively from April 28Union Labour Minister Mansukh Mandaviya announced the extension of enhanced insurance benefits under the Employees' Deposit Linked Insuranc...
- What is Employees' Deposit Linked Insurance Scheme?The registered nominee of the EDLI scheme receives a lump-sum payment in the event of the death of the EPF member, during the period of the...
- ICICI Bank appoints Sandeep Batra as presidentBatra will directly report to ICICI Bank's COO Sandeep Bakshi.
- Reliance Nippon Life Insurance June quarter premium up 8% to Rs 755 croreThe company said it had assets under management of Rs 19,335 crore as on June 30 this year, up 11 per cent from same period a year ago.
- Top domestic shareholders seek Nandan Nilekani's re-entry to InfosysA senior fund manager, who signed the letter said investors want Nilekani back as the CEO.
- EPFO to provide 3-year life cover to subscribers after job loss"The maximum sum assured under the Employees' Deposit Linked Scheme (EDLI) will soon be enhanced to Rs 6 lakh this month," the source said.
- Nippon Life Insurance raises stake in Reliance Life to 49%Japan's Nippon Life Insurance today increased stake in Reliance Life Insurance by another 23 per cent, taking its total holding to 49 per c...
- EPFO permits firms to opt for pvt cos' group insurance coverFirms can now ensure higher group insurance of Rs 1.32 lakh for each employee by opting for the Edelweiss Tokio Life-Group Life Protection ...
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