What is the current (In-force, Lapsed, or Grace Period)?
In the context of the Life Insurance Corporation of India (LIC), stands for Electronic Front End Application Package . It is the core, in-house developed software application used by LIC employees to manage insurance operations and policy lifecycles. What is eFEAP?
[ LIC Front-End (eFEAP) ] │ ▼ Connected via WAN [ Centralized Data Warehouse (CADW) ] ────► Houses 90%+ of operational history │ ▼ Integrates with [ Digital Applications (ANANDA, Portals) ]
While it might sound like technical jargon, EFEAP is actually the "front office" of every LIC branch on a computer screen. It’s the engine that helps agents and employees provide you with: Instant Policy Status Reports – Know exactly where your policy stands. Quick Loan & Revival Quotations – Get the numbers you need without the wait. Accurate Maturity Benefits lic efeap full form
Each single database instance holds around (encompassing master data, control tables, and transaction records). Data Warehouse Input
To understand eFEAP, it helps to look at its predecessor, . 1. The FEAP Era (Decentralised)
, I recommend:
The software is divided into specific operational modules. Every workflow—whether initiated by an agent or a walk-in policyholder—runs through these interfaces: Module / Operation Purpose & Key Functions
Streamlines checks and payouts for survival benefits and long-term maturity accounts.
If you are looking to check the status of your policy or need a quick quotation, you can visit any branch to access these FEAP-enabled services, or use the online portal for self-service options. What is the current (In-force, Lapsed, or Grace Period)
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.
: All 2,048 LIC branches and 1,570 satellite offices are connected through a Wide Area Network (WAN) to this front-end package to ensure real-time accuracy and reduced time-lags. Key Features and Capabilities