Employees of an organized sector have the opportunity to get life cover through a group employee deposit linked insurance. According to this scheme, the family member of the employee gets the sum insured in case the employee dies during the service period. The amount of cover in group employee deposit linked insurance policy is determined […]
Articles Tagged: Group EDLI policy
What are the ways Sum Assured can be defined under Group EDLI policy for employees?
Group employees deposit linked insurance policy offers cover to the life of the employees and offers to protect their family members. In the event of the death of the employee, a lump sum amount is paid to the nominee of the employee in case he dies during his service period. This group of employees’ deposit-linked […]