Handling cash and cheque receipts at counters, as well as payments to employees and agents. The Future: eFEAP-Next
As of early 2026, LIC has initiated a major project to modernize this legacy system. This initiative, often referred to as , aims to transform the core insurance application into a next-generation digital platform. lic efeap full form
Calculating and processing survival benefits and maturity benefits for policyholders. Handling cash and cheque receipts at counters, as