EDLI — Employees’ Deposit Linked Insurance Scheme
EDLI is an automatic, employer-funded life insurance cover bundled with every EPF membership — at zero cost to the employee. This guide explains the payout formula (35× average monthly wages capped at ₹15,000, i.e., up to ₹5,25,000, plus a PF-balance-linked bonus of up to ₹1,75,000, for a maximum total of ₹7 lakh, with a minimum assured benefit of ₹2.5 lakh for those with 12 months continuous service), who’s covered (automatic for all EPF members, no minimum service required), and how to claim (Form 5 IF, via the registered nominee). Most importantly, it explains why this benefit so often goes unclaimed — and why keeping your EPF nomination updated and making your family aware of EDLI is one of the simplest, highest-value actions in this entire series.