insurance scheme

The Employees Deposit Linked Insurance Scheme (EDLI) introduced in 1976 is an insurance cover provided by the Employees Provident Fund Organisation (EPFO) for salaried employees from the private sector.

Indian Railways will probably start a voluntary passenger insurance scheme from September this year. By paying a minimal premium of less than Rs. 10 per ticket, passengers will get an insurance cover of Rs. 10 lakh in case of death or permanent disability caused in a train accident.