Because EFEAP is an employer-employee group insurance scheme, tax treatment differs from standard LIC policies (like Jeevan Anand or Tech Term).
If you mis-typed "EFEAP" for :
EFEAP operates on a group basis. Every eligible employee is automatically covered under the master policy held by LIC management. lic efeap full form
: Each instance manages a database containing roughly 3,000 tables , including master, transaction, and control tables. lic efeap full form
: LIC is currently undergoing efforts to modernize e-FEAP into a "next-gen" digital platform to further enhance its digital transformation. licindia.in Next-Gen modernization lic efeap full form