What all benefits should be given to Employee in death case?
Employee Death Benefits are
- EDLI (Employee Deposit Linked Insurance Scheme) from EPFO
- Term Insurance (Incase of Policy in place by Company)
- Incase of accident on site, benefit under Workmen Compensation Act
- Incase covered under ESIC, Benefit to Family Members
Death Benefits are:
- Under PF_ EDLI death Insurance Benefit.
- Under Gratuity: Gratuity Life Insurance.
- If company has given any accidental Insurance , under that complete sum Insured Amount.
- Under ESI: If an employee covered under ESI then ESI corporation will provide death benefit .
- From company side contribution (if policy in place)then that benefit too.
Thanks for your valuable inputs.