All those
employees who can be classified under the Employee’s Provident Fund and
Miscellaneous Provision Act, 1952, have to subscribe this scheme. Herein, the
insurance benefit will be equal to the average balance to the credit of the
deceased employee during the last 12 months. 0.05% of each employee’s salary is
payable by the Employer to the Provident fund authorities. If you are an
employer you will incur a low cost and as an employee you are only safeguarding
your own future, along with your family’s by investing in this scheme.
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If you are an employer you will incur a low cost and as an employee you are only safeguarding your own future, along with your family’s by investing in this scheme. home insurance
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