To get the exact meaning, check the where you saw "LIC EFEAP." Look for:
However, given the context of (which almost always stands for Life Insurance Corporation of India ), the most likely explanation is that "EFEAP" is a typographical error or a mis-remembered acronym . lic efeap full form
It is a core software system used by LIC employees and agents to manage policy servicing, including premium payments, loan quotations, policy status reports, and maturity benefits. 📣 Post: Modernizing the Backbone of LIC To get the exact meaning, check the where you saw "LIC EFEAP
for all eligible permanent employees. You cannot opt out. You cannot opt out
(LIC Housing Finance)
While policyholders don't use eFEAP directly (you use the LIC Customer Portal ), the efficiency of eFEAP determines how quickly your requests are processed.
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: