Employee Deposit Linked Insurance (EDLI )was introduced by the Government in the year 1976 for private-sector employees. However, it was intended to offer financial support to the employee and their family in the happening of an unforeseen event. Under the Employee Deposit Linked Insurance, the insured employee will have life coverage. So, in the untimely […]
Articles Tagged: group employee deposit linked insurance
All that you need to know about EDLI Scheme
As we all are aware that most of the companies in the organized sector provide the provision of Employees’ Provident Fund (EFP). EPF and EPS (Employees’ Pension Scheme) are 2 major retirement savings policies specially meant for the salaried workers. It is compulsory for every employee, who is earning a monthly basic pay up to […]
Types Of Group Insurance Policies For Small & Medium Enterprises
Group insurance plans are inexpensive and very beneficial plans for employees. If bought properly with right benefits these plans can cover vulnerabilities of the people who work for an organization. They will feel motivated and fearless from taking additional responsibilities which will ultimately leads to higher productivity and happier workforce. Types of Group Insurance Plans […]