EDLI Insurance - How To Claim EDLI 2021

EDLI Insurance (Employees Deposit Linked Insurance)

Due to COVID so many members are losing their lives in this way EDLI will giving back like memory or offer to you, that is EDLI Insurance. This scheme will help to remaining family members. EDLI is an insurance scheme from EPFO. The nominee of death person can earn money up to 3 lakh to 7 lakh.

EDLI Insurance

It is one of the best benefits for those who are lost their lives cause of Corona. Mainly the rate of deaths is increasing in India. In this way, I wish to bring this information to all.

[ READ: Tips To Know Before Investing In Mutual Funds ]

EDLI Insurance

EDLI (Employees Deposit Linked Insurance) is a breath feel insurance for employees who are losing their lives. It is provided by Employees Provident Fund Organization (EPFO). A nominee or heir of an active member of EPFO gets a lump sum payment of up to 7 lakhs in case of the death of the member during the service period.

EDLI scheme provides an extra amount of up to 2 lakhs like any offer. During applying to EDLI employees no need to pay any charges. If you think in your mind who is applicable for this scheme. Yes here is your answer to those who are getting a salary under 15000. And also allow above 15000 but the insurance is normally 7 Lakh.

How To Claim EDLI? 2021

Before claiming to EDLI you need some proofs or documents to submit.

• Employee death certificate

• Bank Cheque Book of canceled account.

• Legal Heir Certificate for claim

• Form 5 IF

Offline Method

The first nominee needs to fill up the 5 IF form for the EDLI claim. Download form 5 IF on the EFP site. In that form needs an employee signature otherwise you have to go and take permission from political leaders like take a signature from Gazetted officer.

In this way, a claimant needs to submit all documents as mentioned in the above points. And also some other documents for the fastest claim. It is one of the useful ways to gain money in the least situation.

After submission of your application with all documents, it will send to the field office for a review then you will get money nearly after 20 days.

Linked Insurance

Online Method

There is no difference between online and offline but here you need the UAN and Password of your EPFO account.

• Go and login to EPFO site, then go to EDLI scheme option.

• Then choose claim options to go to EDLI and click on that.

• First you have to download Form - 5 IF on the EFP site and fill it up after saving that image with a certain size.

• Click Form 5 IF and upload your application, then fill up the bank account details of the employee. 

• In that moment that will ask signature of the employee in Cheque book you need to manage that signature.

• After entering how much you withdraw then, submit your claim.

• Next you will Aadhaar OTP employee registered Mobile number then complete your claim.

• After 1 week later you will get money through the employee bank.

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Ending

It is the best option for employees EDLI offers expired employees a chance to get up to 7 lakhs. Due to COVID, so many members are losing their lives it is the chance to apply for EDLI insurance.