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SUD Life Group Term Insurance Scheme in lieu of EDLI UIN – 142N032V01
All employees of establishment contributing to EPF are covered under Employee Deposit Link Insurance (EDLI) as per Miscellaneous Act 1952 at the cost specified. Now the same benefit can be availed at lower cost and almost no hassle SUD Life Group Term Insurance Scheme in lieu of EDLI.
Key Benefits to Employer Flexibility to choose your future income through two plan options-
Key Benefits to Employees
For more details visit www.sudlife.in Insurance is the subject matter of the solicitation. *As per the current laws, income tax benefits to employees are available under Section 10(10D) of Income Tax Act, 1961 which are subject to change in tax laws from time to time. For more details on risk factors, terms and conditions please read the sales brochure before concluding the sale. IRDA Registration number of Star Union Dai-ichi Life Insurance Co. Ltd. – 142 (As issued on 14th Feb 2013).Participation by the Bank customers in insurance business shall be purely on a voluntary basis. It is strictly on non-risk participation basis from the Bank. Union Bank is a Corporate Agent of Star Union Daiichi Life Insurance Co. Ltd.IRDA Corporate Agent License number for Union Bank of India – 891295