No. It is a guaranteed savings plan, unaffected by stock market movements.
The EFEAP is a comprehensive digital interface that replicates a "front-end" LIC office on a personal computer. It is primarily used by agents and development officers to manage policy life cycles and provide instant customer service without requiring a physical visit to a branch office.
Students must have passed Class 10 or 12 (or equivalent) with at least 60% marks . lic efap
This article breaks down the architecture, historical evolution, operational functions, and practical troubleshooting steps related to the platform. The Evolution: From FEAP to e-FEAP
One of the key differentiators of EFAP is its strong emphasis on professional integration. The program is built on a philosophy of learning by doing. Students are required to complete internships every year, resulting in up to 21 months of professional experience over the five-year study period. This hands-on approach is complemented by courses taught by active industry professionals, ensuring that the curriculum is always aligned with the latest market trends and demands. It is primarily used by agents and development
: Includes specialized modules for both ordinary and Salary Savings Scheme (SSS) policies, covering everything from loans to survival benefits.
However, the true power of an EFAP degree lies in its alumni network. With over 30,000 members worldwide, the EFAP Alumni network is an active and supportive community. It serves as a career accelerator, organizing regional afterworks, class reunions, professional meetups, and themed events. The network also includes masterclasses, professional clubs, and a "Young Graduates Program" to support recent alumni in their first professional steps, offering job search advice and direct connections with recruiters. The Evolution: From FEAP to e-FEAP One of
: If an issue arises, any agent on the global LIC Phone Helpline or at a physical Branch Office Helpdesk can immediately see your policy status, pending loan interests, or registered complaints.
Employers receive anonymized, aggregate data (e.g., how many people used the service, general trends in usage) to evaluate the program's effectiveness, but they never know the identities of specific employees who use the service. EFAP vs. Traditional Insurance
: Authorized personnel use it to record changes of address, premium mode adjustments, and nominee data corrections.
This article provides a comprehensive overview of the LIC EFAP, exploring what it covers, how to access it, and why it is a critical resource for maintaining a healthy and productive workforce in 2026.