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
The eFEAP software is designed to streamline complex insurance processes into a simple, menu-based interface. Its main functions include: Handling cash and cheque receipts at counters, as
eFEAP is the and operational platform currently used by LIC. It serves as the primary "front-end" interface for LIC employees and agents at branches across the country. Key characteristics include: The eFEAP software is designed to streamline complex
LIC operates approximately 125 separate instances of eFEAP across various divisions and zonal offices, with a total data volume of roughly 200 TB .
Maintaining extensive records of policyholder data, agent hierarchies, and premium collections.