The LIC E-FEAP platform offers several advantages for LIC agents, policyholders, and the company itself. Some of the key advantages include:
LIC has a zonal and divisional office structure. The in each city (Mumbai, Delhi, Kolkata, Chennai, etc.) administers the EFEAP trust fund. Each employee receives an annual statement called the EFEAP Schedule showing:
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Originally designed to modernize branch operations, eFEAP is the core software framework used by LIC to manage its vast insurance operations across India.
If the status remains stuck, email LIC customer support with your transaction ID, policy number, and a screenshot of the EFEAP status. Summary of Key Terms Core Operational Meaning Typical Resolution Time EFEAP System Adjusted Premium / Financial Portal Entry 1 - 2 Business Days FAP Financial Action Plan / Direct Premium Ledger NB New Business Premium Entry To help look into your specific situation, tell me:
