EDLI - Employee Deposit Linked Insurance
If you know anyone who has passed away due to COVID-19 and was in active employment, their family and legal heirs may be eligible to receive a minimum of Rs. 2.5 lakhs and max up to Rs. 7 lakhs (updated Sep 2020) under the Employee Deposit Linked Insurance (EDLI) Scheme.
If they were covered under PF with the EPFO, they were by default signed up for this life insurance cover.
The legal heirs may have to file a Form 5 IF with the EPF Commissioner, countersigned by the employer.
Read up more about it at:
https://epfindia.gov.in/site_docs/PDFs/Downloads_PDFs/EDLI_1976.pdf
https://cleartax.in/s/edli
