Unified System: e-FEAP is the primary software used by LIC to manage its business and services.
If you are looking for information related to LIC EFEAP, it might pertain to a program or policy offered by LIC for the financial empowerment of its employees or a similar beneficial initiative. However, without more specific details, it's challenging to provide a comprehensive explanation. If you have any more information or context regarding LIC EFEAP, I'd be happy to try and assist you further! lic efeap full form
In the context of the Life Insurance Corporation of India (LIC), eFEAP 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? Unified System : e-FEAP is the primary software
Data Scale: The system operates through roughly 125 separate instances across LIC divisions and offices, managing a total data volume of approximately 200 TB. Annual cap per child or per family (e
It is the core operational software platform used by LIC for its insurance business operations. Some sources also refer to it as the Employee's Front End Application Program Key Features of LIC EFEAP Operational Core
Let’s break that down:
Policy Servicing: Generating essential documents such as revival quotations, loan quotations, and surrender quotations.