Oct 17, 2024
EPF and Life Insurance are two financial instruments available to employees. Here's a comparison of their features and benefits:
Features: EPF is a retirement benefit, while Life Insurance provides life cover.
Benefits: EPF provides a lump sum amount at the time of retirement, while Life Insurance provides financial security to the family in case of the policyholder's death.
By comparing the features and benefits of EPF and Life Insurance, employees can understand the different financial instruments available to them and plan their finances accordingly.