https://www.taxtmi.com/acts?id=54664 Active life insurance policies previously financed under the earlier Employees' Provident Funds Scheme continue on existing terms, with premium payments facilitated until maturity or termination and benefits payable under policy terms. Inactive policies must be reassigned promptly to members. If a member dies before reassignment, the policy must be reassigned to a valid nominee or, absent a nominee, to the legally entitled person, with notice to the Life Insurance Corporation. en-us Thu, 02 Jul 2026 15:45:52 +0530 Thu, 06 Aug 2026 14:17:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54664 Active life insurance policies previously financed under the earlier Employees' Provident Funds Scheme continue on existing terms, with premium payments facilitated until maturity or termination and benefits payable under policy terms. Inactive policies must be reassigned promptly to members. If a member dies before reassignment, the policy must be reassigned to a valid nominee or, absent a nominee, to the legally entitled person, with notice to the Life Insurance Corporation. Act-Rules Labour laws Thu, 02 Jul 2026 15:45:52 +0530 https://www.taxtmi.com/acts?id=54664