Lic Efap

Let’s take a practical example:

The transition to digital-first systems is vital for financial institutions handling millions of policy records. Within the Life Insurance Corporation of India (LIC) , the serves as the operational engine. It gives branch employees and authorized field agents the administrative power of a physical head office right from their local computer terminals. Core Functional Modules of LIC FEAP lic efap

Instantly calculating policy revivals, loans against policies, and surrender values. Let’s take a practical example: The transition to