Lic Efap Jun 2026

The system includes specific modules for Loans, Claims, and Ordinary/SSS (Salary Savings Scheme) policies to ensure accuracy and reduce time lags. Integrations: The eFeap system interfaces with LIC's internal Human Resource Management System (HRMS) and other backend data warehouses for analytical reporting. Tender for Modernization:

Every time a client submits an inquiry through the LIC Digital Mobile App or via official SMS tracking codes, the real-time data they see depends entirely on the clean database hygiene maintained by backend FEAP transactions. 3. Unclaimed and Settlement Processing

Recent records show LIC seeking system integrators to establish a Testing Center of Excellence (TCOE) specifically for the EFEAP-NEXT environment. licindia.in EFAP in the Broader Context lic efap

: Staff can instantly generate precise loan quotations, calculate precise surrender values, and issue complex revival quotations for lapsed policies.

Prior to the rollout of this front-end package, branch-level adjustments required extensive localized ledger sorting, leading to significant delays. The deployment of EFAP altered the baseline efficiency metrics for LIC India in several specific ways: Operational Metric Pre-EFAP Architecture Modernized EFAP / EFEAP System Localized batch processing; delayed core updates. Real-time master updates over WAN pipelines. Quotation Discrepancies Frequent manually-driven manual miscalculations. 100% matched verification with central servers. Turnaround Time Days to weeks for policy updates or claim approvals. Instant on-demand receipts and automated processing. The Evolution from EFAP to EFEAP-NEXT The system includes specific modules for Loans, Claims,

Generates 100% accurate quotes that match official branch records, including: Revival Quotations: For lapsed policies. Loan & Surrender Values:

, or more specifically the Employee's Front End Application Program (EFEAP) , is the foundational software architecture used by the Life Insurance Corporation of India (LIC) to digitize its branch operations, policy management, and customer relationship interfaces . Initially launched as an internal tool to bridge physical records with digital networks, the LIC FEAP framework has evolved into a nationwide infrastructure connecting thousands of brick-and-mortar branches and satellite offices through a robust Wide Area Network (WAN). Prior to the rollout of this front-end package,

When it comes to securing financial stability, Life Insurance Corporation of India (LIC) has always been a trusted name. Among its diverse portfolio of policies, the —officially known as the LIC’s Employee’s Guaranteed Savings Plan (Plan No. 861) —is a unique, non-linked, non-participating individual savings life insurance plan.

: The system tracks structural milestones for complex products, including LIC Index Plus or traditional money-back structures. It accurately calculates upcoming survival benefits and final maturity payouts.

Unlike a standard third-party EFAP with a 24/7 helpline, LIC's employee benefits are built into the employment structure. Employees and agents can access these services through their employer.

LIC has modernized its purchase process. You can buy LIC EFAP through: