EFEAP works in tandem with LIC’s Group Superannuation Scheme (pension fund). Often, the EFEAP payout at retirement is a substantial lump sum that supplements the pension.
By connecting over 2,048 branches and 1,570 satellite offices through a Wide Area Network (WAN), eFEAP ensures that data updated in one location is reflected everywhere instantly. lic efeap full form
For professionals and policyholders looking to decode this, here is the breakdown: EFEAP works in tandem with LIC’s Group Superannuation
eFEAP is the and operational platform currently used by LIC. It serves as the primary "front-end" interface for LIC employees and agents at branches across the country. Key characteristics include: 048 branches and 1
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Maintaining extensive records of policyholder data, agent hierarchies, and premium collections.