Lic Efeap Full Extra Quality Form Jun 2026
Storing data for millions of customers, including agent commissions, bonuses, and policy details.
Used for registering new proposals, evaluating medical data, and issuing new policy bonds.
The system flags an irregular transaction (e.g., an advance payment or a delayed digital clearance).
The system contains about 60 modules covering diverse business functions, including new business, marketing, accounting, and internal office tasks. Key Functions and Features
Historically, physical ledgers and manual data entry delayed policy processing. EFEAP automates the accounting, matching the cash or digital payment instantly to the proposal form number. lic efeap full form
The electronic receipt is sent directly to your registered email address and is visible on the LIC Customer Portal, preventing loss or physical damage.
RFP for Development of Data, Reporting and Analytics Solutions
When navigating the vast landscape of insurance and employee welfare schemes in India, you often come across complex acronyms. One such term that generates significant curiosity—especially among employees of the Life Insurance Corporation of India (LIC)—is .
More than just a piece of software, eFEAP is the digital heart of LIC, integrating offices across the nation, managing millions of policies, and enabling everything from new policy issuance to claim settlements. This article explores the history, functionality, and future of this pivotal system. Storing data for millions of customers, including agent
Provide financial assistance and administrative support for education of employees’ children/dependents, improving employee satisfaction and retention.
According to recent technology tenders published by LIC India , the corporation is transforming eFEAP from a legacy architecture into a scalable, cloud-agnostic platform. Key milestones in this digital transformation include:
: Reports generated through EFEAP are 100% matched with official LIC reports for survival benefits, maturity benefits, and surrender quotations. Accessibility : It is designed to run on the
: eFEAP interfaces directly with modern companion platforms like the LIC ANANDA App (Atma Nirbhar Agents New Business Digital Application) to issue policies smoothly online. The Future of eFEAP: eFEAP-NEXT and Modernization The system contains about 60 modules covering diverse
The term stands for Enterprise Front-End Application Package .
Proposals turn into active insurance policies quickly because data fields clear rapidly at regional server nodes.
Through eFEAP, the Life Insurance Corporation of India (LIC) handles over 90% of its core transactional data, including customer profiles, agent hierarchies, and premium tallies. Key Operational Features of eFEAP
If you are an Life Insurance Corporation of India (LIC) policyholder or agent, you might have come across the acronym on premium receipts, policy status pages, or official notices. Understanding what this technical term means is crucial for tracking your premium payments and ensuring your life insurance policy remains active. What is the Full Form of LIC EFEAP?