: New policy documents are issued more quickly after proposal completion.
(or EFEAP) is a sophisticated software application designed for LIC agents and employees to streamline day-to-day insurance operations. It effectively acts as a localized front-end for the massive LIC mainframe, allowing branches to perform complex tasks without constant manual data entry. lic efap
: You can walk into any branch and get a status report on your policy immediately. : New policy documents are issued more quickly
When a customer pays a premium or changes an address, the EFAP system facilitates the real-time update of the file. 📈 Impact on Policyholders and Agents : You can walk into any branch and
: To provide "on-demand" services like policy status reports, revival quotations, and loan calculations.
: All 2,048 LIC branches and over 1,500 satellite offices are connected via a Wide Area Network (WAN) using this package. 🛠️ Key Features and Functions