Form: Lic Efeap Full ~repack~

Calculating and processing survival benefits and maturity benefits for policyholders.

Enabling on-demand service delivery.

: Assists with internal HR activities, customer relationship management (CRM), and data storage for millions of policyholders. eFEAP Modernization

| Scenario | Benefit Received | Who Gets It? | | :--- | :--- | :--- | | | Sum Assured (based on salary) + Accumulated Contributions + Bonuses + Loyalty Additions | Nominated family member / Legal heir | | Retirement / Superannuation | Accumulated Employee Contributions + Employer Contributions (if any) + Bonuses – Tax deductions (if applicable) | The employee | | Resignation / Voluntary Retirement | Accumulated employee’s own contributions (with interest) – administrative charges | The employee (employer share may be forfeited depending on rules) | | Disablement (on duty) | Special disability benefit; sometimes the plan continues without further contributions | Employee or family | lic efeap full form

Traditionally, it is a multiple of the employee’s average monthly emoluments (basic + DA + qualifying allowance). For many years, it was 5 to 10 times the monthly salary, but LIC revises this periodically through internal circulars.

Facilitating the collection of renewal premium dues.

The full form of is Enterprise Front End Application Package . eFEAP Modernization | Scenario | Benefit Received |

The user interface that agents, clerks, and branch managers interact with.

If you pay your premium within the grace period but the system shows EFEAP, your policy will not lapse. The date of payment registration is what matters for continuity. How to Resolve a Persistent EFEAP Status

Manages automated premium deductions for corporate groups and government employees. Facilitating the collection of renewal premium dues

What is the current (In-force, Lapsed, or Grace Period)?

Every LIC branch, whether in a metropolitan area or a remote satellite office, offers the same level of service.

New modules within FEAP cater specifically to loans and claims, ensuring accuracy and faster processing times. Evolution to Modernized eFeap (2025-2026)

As LIC continues its digital transformation journey (moving toward "eFEAP-NEXT"), this core system remains vital in ensuring that your insurance experience is fast, transparent, and reliable.