Because EFEAP is an employer-employee group insurance scheme, tax treatment differs from standard LIC policies (like Jeevan Anand or Tech Term).
Understanding LIC EFEAP: Full Form, Meaning, and How It Works
If you encountered the term you should treat it as LIC EFAP (Employees’ Family Benefit Scheme) . It is a vital internal policy that underscores LIC's status as a model employer, ensuring that the families of employees who pass away untimely are not left financially vulnerable.
Lic Efeap Full Form Fixed (Works 100%)
Because EFEAP is an employer-employee group insurance scheme, tax treatment differs from standard LIC policies (like Jeevan Anand or Tech Term).
Understanding LIC EFEAP: Full Form, Meaning, and How It Works lic efeap full form
If you encountered the term you should treat it as LIC EFAP (Employees’ Family Benefit Scheme) . It is a vital internal policy that underscores LIC's status as a model employer, ensuring that the families of employees who pass away untimely are not left financially vulnerable. lic efeap full form