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Policy● Neutral for Indian equities
EDLI FAQs answered: How much insurance benefit is paid under the new wage ceiling? Who is not eligible?
The brief
- EDLI provides an insurance benefit to families after a member’s death
- The article discusses payouts under the new wage ceiling and eligibility
- EPFO-linked cover affects families of workers and India’s life-insurance sector
- Life insurance savings policies could deliver up to 1% higher returns if IRDAI’s proposed distribution reforms are implemented
- IRDAI’s proposed distribution norms ruffle feathers of LIC agents, broker body
- Coverfox founder, brokers raise concerns over IRDAI insurance distribution overhaul
- IRDAI pushes LIC, SBI Life to seek further cost efficiency
- IRDAI’s commission crackdown: Why insurers may cope but distributors face a tougher test