Lic Efap [ 2026 ]

Yes, after paying premiums for 2 full years. Loan up to 90% of surrender value is available at interest rates declared by LIC from time to time.

LIC EFAP (Employee Facility Assurance Policy) ✔️ Cashless hospitalization ✔️ Family floater cover ✔️ Pan-India network hospitals ✔️ Easy claim process

One of the most attractive features of LIC EFAP is the credited at the end of each policy year. These are fixed amounts per ₹1,000 of Sum Assured, depending on the policy term: lic efap

FEAP provides policy calculation models that generate exact data sheets for policyholders. These calculations include revival quotations for lapsed policies, loan valuations against existing policies, and surrender estimates .

| Criteria | Requirement | |----------|-------------| | Nationality | Indian resident | | Age at entry | 20 to 60 years | | Maximum age at maturity | 75 years | | Min. Sum Assured | ₹2,00,000 | | Policy term | 10–20 years | | Medical underwriting | Required for high SA (above non-medical limits) | Yes, after paying premiums for 2 full years

: Agents and branch administrators use FEAP to generate verified revival quotes for lapsed policies , current loan eligibility quotations, and exact surrender value calculations.

EFAP's quality is consistently recognized by prestigious national rankings, which is a key indicator for prospective students. These are fixed amounts per ₹1,000 of Sum

To be eligible for EFAP benefits, the following conditions must be met:

As part of its digital initiative, LIC has scaled up its infrastructure by planning and initiating . Recognizing that system downtime on a scale this massive directly impacts millions of citizens, LIC released a structured request for proposal to establish a dedicated Testing Center of Excellence (TCOE) .

Official guides provided by the IT department for using the software to process policy data.

Drop a comment below or reach out to your LIC divisional HR – they are required to assist you.