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Max Life Group Super Life Premier in lieu of EDLI

Group Super Life Premier in lieu of EDLI
Non Participating One Year Group Term Insurance PlanUIN: 104N088V01

For all employees who are covered under the Employees' Provident Fund and Miscellaneous Act, 1952, it is mandatory for you as an employer to subscribe to an Employee's Deposit Linked Insurance Scheme 1976, which aims at providing benefit of life insurance to all employees. Under this scheme, the deceased employee's insurance benefit will depend on the length of service and the PF balance in the account.

Max Life Group Super Life Premier in lieu of EDLI
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  • Helps secure the employees future
  • Tax Benefits on the premiums paid
  • Works as a retention tool

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