EPFO insurance claim: If you are a member of Employees Provident Fund Organization, then there is very good news for you because these people are going to get lakhs of rupees after doing one thing.
EPFO Online claim: Salaried class people are most at risk. When it comes to retrenchment, these people first come on the radar in companies. In such a situation, every single rupee is very useful for these people. If your PF is deducted, then you should do this work today itself because Provident Fund Organization gives benefits of lakhs of rupees to these people. In such a situation, if you want to take advantage of this scheme, then you should also do this work, so let’s know how you will get this benefit?
Get the nomination done soon
EPFO has told its members many times to get the nomination done because if you do not get this nomination done then you will not get the benefit of Rs 7 lakh. In such a situation, you can also do this nomination online. After the nomination, your family gets the benefit of social security. For this, EPFO has issued alerts several times.
Benefits of e-nomination
EPFO has told its subscribers many times. On the death of the account holder, it is easy for the nominee to withdraw money related to PF, pension (EPS) and insurance. You can also claim online after the nominee is updated.
This is how you get 7 lakh rupees
For your information, let us tell you that EPFO insures its members. In such a situation, they get the benefit of Employee Deposit Linked Insurance Scheme (EDLI Insurance Cover). Under this scheme, a maximum of Rs 7 lakh is paid to the nominee. Those who do not update the nominee. His family members have to face a lot of difficulties in claiming.
How many nominees will be updated?
EPFO gives you many facilities. In such a situation, you can update more than one nominee, that is, if you want to make your wife and children nominees, then this can also be done.