INTERVIEW QUESTIONS INSURANCE EMPLOYEE DEPOSIT LINKED INSURANCE DETAILS

Question: What are the main Claim Form Instructions for EDLI - Employee Deposit Linked Insurance Scheme?

Answer:
The claim under EDLI is admissible only if the deceased person was in active service during the death.
The EDLI claim form should be submitted along with Form 20 and form 10D/10C (for claiming the Provident Fund dues and Pension/Withdrawal Benefit as applicable). It facilitates to process the benefits of the scheme in one go.
All details should be written in BLOCK LETTERS and there should not be any overwriting.
In case the deceased member was a married female, her Husband’s name should be mentioned in the column 1 (b) of the form.
Details of Bank Account for receiving payment: Correct name, branch and address of the Bank where the claimant is maintaining account should be furnished as payment is sent directly to the Bank.
For ensuring correctness of bank details, a copy of the blank/cancelled cheque should be attached with the claim form.
The form has to be filled up separately by each claimant.
In case the claimant is minor it should be filled up by the guardian on his / her behalf.

The claim under EDLI is admissible only if the deceased person was in active service during the death.
The EDLI claim form should be submitted along with Form 20 and form 10D/10C (for claiming the Provident Fund dues and Pension/Withdrawal Benefit as applicable). It facilitates to process the benefits of the scheme in one go.
All details should be written in BLOCK LETTERS and there should not be any overwriting.
In case the deceased member was a married female, her Husband’s name should be mentioned in the column 1 (b) of the form.
Details of Bank Account for receiving payment: Correct name, branch and address of the Bank where the claimant is maintaining account should be furnished as payment is sent directly to the Bank.
For ensuring correctness of bank details, a copy of the blank/cancelled cheque should be attached with the claim form.
The form has to be filled up separately by each claimant.
In case the claimant is minor it should be filled up by the guardian on his / her behalf.
Source: CoolInterview.com

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