One can avail the facility of nomination while joining the EPF. But in case, it has not been done at the time of joining, one can fill up Form 2 to update/ change the nomination details. In case of death of the person, nominee gets the Provident Fund amount.
Contribution to Employees’ Deposit Linked Insurance (EDLI) provides insurance cover to the EPF members in case of death. Insured amount was INR 1,56,000 till 31st Aug-14. From Sep-14 onwards, it has been increased to INR 3,00,000.
Must Read : Some facts about EPF