In the context of the Life Insurance Corporation (LIC) of India, stands for the Front-End Application Package
. This is a digital system implemented to enhance customer service and streamline internal office operations across its thousands of branches. While "EFAP" is commonly used globally for Employee and Family Assistance Programs
(which provide counseling and mental health support), within LIC's technical infrastructure, the term is almost exclusively used as Overview of LIC FEAP (Front-End Application Package)
The FEAP system was designed to reduce time-lags and ensure accuracy in policy servicing. Key features available through this package include: Policy Servicing
: Allows policyholders to receive status reports, revival quotations, and loan quotations on demand. Administrative Tasks
: Handles address changes, premium payments, and the dispatch of policy documents. Operational Integration
: Covers over 2,000 branches and 1,500 satellite offices, connecting them through a Wide Area Network (WAN) to standardize service across India. Specialized Modules : Includes specific modules for Salary Savings Scheme (SSS) policies and claims processing. Employee and Family Assistance (EFAP) If you are referring to a support program for employees: General EFAP
: These programs typically offer 24/7 confidential counseling for issues like stress, finance, and legal matters. LIC Specifics : While global firms like lic efap
explicitly market "Manulife EFAP", LIC focuses its employee benefits on schemes like the New Group Superannuation Cash Accumulation Plan Corporation’s Insurance Scheme (CIS) , which provides premium rebates for LIC staff. for using the FEAP system or an informational brochure about employee benefits at LIC? AI responses may include mistakes. Learn more
Page 1. Veik. योगा वहाम्यह LIC. भारतीय जीवन बीमा निगम LIFE INSURANCE CORPORATION OF INDIA. Actuarial Department, Central Office, ' www.licredowaez.in List of LIC Group Plans | LIC plans for Employees
List of LIC Plans 2026 ≈ * Market Linked Plan. Index Plus (Plan no. 873) Get Details. Invest. ₹10K / month. For 15 Years. You Get. Policybazaar.com Employee and family assistance program EFAP - Manulife
, a proprietary software environment used by the Life Insurance Corporation of India (LIC) to manage its vast internal operations and agent-facing services. Core Functionality of LIC EFEAP
The EFEAP system acts as a "virtual front-end" for LIC branch offices, allowing employees and authorized agents to perform complex policy servicing tasks directly from their computers. licindia.in Policy Servicing:
Generates 100% accurate quotes that match official branch records, including: Revival Quotations: For lapsed policies. Loan & Surrender Values:
Real-time calculation of loan eligibility and policy surrender amounts. Maturity & Survival Benefits: Tracking upcoming payouts for policyholders. Customer Experience: In the context of the Life Insurance Corporation
Enables speedy completion of proposals, address changes, and immediate policy status reports. Infrastructure: Connects over 2,048 branches 1,570 satellite offices across India via a Wide Area Network (WAN). licindia.in Technical Architecture LIC is currently upgrading this infrastructure under the "EFEAP-NEXT" initiative to modernize its service delivery. licindia.in
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:
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
While "EFEAP" is an LIC-specific internal software, the acronym also stands for Employee and Family Assistance Program in the general insurance and HR industry. PEO Canada Generic EFAP:
These programs provide 24/7 confidential counseling, mental health support, and financial or legal guidance for employees and their families. Distinction:
Unless you are referring to a specific group insurance benefit for LIC employees, your query most likely pertains to the EFEAP software platform used to run India's largest insurer. download and install
I’m not sure what "lic efap" refers to — I’ll assume you mean "LIC EFAP" (Life Insurance Corporation — Employee Family Assistance Program) or "LIC" (Life Insurance Corporation) and "EFAP" (Employee Assistance Program). I’ll prepare a detailed article covering both possible meanings: an overview of LIC, and a thorough guide to EFAP (purpose, services, implementation, benefits, challenges, and sample policy). If you meant something else, tell me the intended term and I’ll adjust. No market risk – guaranteed returns help in
This is where EFAP truly helps families. The benefits are structured to provide both immediate lump sum support and long-term monthly assistance.
| Benefit Component | Details | |---|---| | Immediate Lump Sum | ₹2,00,000 (two lakh rupees) paid to the nominee within a few weeks of death. | | Monthly Family Assistance | 50% of the deceased employee’s last drawn basic pay + dearness allowance (subject to a minimum of ₹5,000 and maximum of ₹30,000 per month). | | Duration of Monthly Payout | Paid for 7 years from the date of death. | | Children’s Education Allowance | Additional allowance for up to two children until they turn 21 or complete graduation, whichever is earlier. | | Medical Reimbursement | Family continues to get medical benefits as per LIC’s rules for 7 years. |
The HR department will give you Form EFAP-1 (or a similar claim form specific to your division).
Enhance your coverage with these optional riders (extra premium applies):
| Rider Name | Benefit | |------------|---------| | LIC’s Accident Benefit Rider | Additional Sum Assured on accidental death or total permanent disability | | LIC’s New Term Assurance Rider | Extra life cover without additional savings component | | LIC’s Critical Illness Rider | Lump sum on diagnosis of specified critical illnesses (cancer, heart attack, etc.) |
Note: Riders increase premium but significantly boost protection.
You have a grace period of 30 days (15 days for monthly mode). If unpaid beyond that, the policy lapses. Within 2 years of lapse, you can reinstate it by paying all due premiums with interest.
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