EDLI is a free insurance provided by EPFO to the employees. If due to some reason an EPFO member dies while on the job, it is run with the aim of providing financial help to his family.
If you are employed and a certain amount of your salary is deposited in EPFO every month, then you must be aware of EPFO’s EDLI scheme (Employees Deposit Linked Insurance-EDLI). This scheme is run by EPFO. If an EPFO member dies due to any reason during his employment period, then under this insurance scheme the family gets assistance of up to Rs 7 lakh. Generally people are aware of this scheme, but are not aware of Form-5IF. This is the form through which the amount received under EDLI is claimed. Know the special things related to this form-
These people can claim EDLI amount
If the EPF subscriber dies untimely, his nominee or legal heir can claim for insurance cover. For this, the age of the nominee should be at least 18 years. If it is less than this, the parents can make a claim on his behalf.
Form-5IF is filled offline
Form-5IF is filled offline. This form has to be submitted to the office of the Regional EPF Commissioner after attestation of the claim for whatever benefits the nominee is entitled to receive in the event of the death of the EPFO member. In this form, information is sought about the deceased member, along with all the information related to the claimant is entered. During this, some important documents also have to be submitted along with the form like death certificate of EPFO member, succession certificate and canceled check etc. If the claim is being made on behalf of the guardian of the minor, then guardianship certificate has to be given.
The form has to be verified
After filling this form, the claimant has to get it verified from the employer/company where the EPFO member was working at the time of his death, after which it is submitted. Such a situation may also arise when the company is closed, in this situation you can submit it after getting it verified from the officers mentioned here-
- Magistrate
- Gazetted officer
- Chairman of Gram Panchayat where there is no Union Board
- Chairman/Secretary/Member of Municipal/District Local Board
- Members of Parliament/Assembly
- Members of CBT/Area Committee/EPF
- Manager of the bank in which you have a bank account
- Head of any recognized educational institution.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
