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    <title>Terms and conditions for grant of exemption</title>
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    <description>Exemption from the Employees&#039; Deposit-Linked Insurance Scheme, 2026 may be granted only on conditions including majority employee consent, advance application, and an IRDAI-approved group insurance policy covering all employees. The employer must certify that the policy is more beneficial than the scheme and that no separate employee contribution or premium is payable. Exemption operates prospectively, eligible employees are to be enrolled in the Insurance Fund, and the employer must continue to comply with reporting, inspection, claim-settlement, and benefit-payment obligations.</description>
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      <description>Exemption from the Employees&#039; Deposit-Linked Insurance Scheme, 2026 may be granted only on conditions including majority employee consent, advance application, and an IRDAI-approved group insurance policy covering all employees. The employer must certify that the policy is more beneficial than the scheme and that no separate employee contribution or premium is payable. Exemption operates prospectively, eligible employees are to be enrolled in the Insurance Fund, and the employer must continue to comply with reporting, inspection, claim-settlement, and benefit-payment obligations.</description>
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