Lic Efeap Full Form [top]
Used for processing loans, maturity payments, surrender quotations, and revival quotations.
To understand EFEAP, you need to look back at LIC’s history. Before its establishment in 1956, life insurance was handled by over 245 private insurers. After nationalization, LIC became a massive public sector undertaking (PSU) employing hundreds of thousands of people. lic efeap full form
In the context of the Life Insurance Corporation (LIC) of India, stands for Electronic Front End Application Package . It is the core operational software platform used by LIC employees and branches across the country to manage the entire life insurance business. Key Functions of eFEAP After nationalization, LIC became a massive public sector
In the last decade, LIC has modernized EFEAP by: Key Functions of eFEAP In the last decade,
The software is used by LIC staff for a wide variety of administrative and service-oriented tasks: