Lic Efap Fixed

LIC EFAP (Employee’s Guaranteed Savings Plan): A Complete Guide to Benefits, Eligibility, and Returns

EFAP — Employee (or Employer) Family Assistance Program: overview

Page 1. Veik. योगा वहाम्यह LIC. भारतीय जीवन बीमा निगम LIFE INSURANCE CORPORATION OF INDIA. Actuarial Department, Central Office, ' www.licredowaez.in List of LIC Group Plans | LIC plans for Employees

Operational Integration

: Connects over 2,000 branches and 1,500 satellite offices via a Wide Area Network (WAN) to ensure data accuracy and reduce time lags in claim settlements. lic efap

LIC has modernized its purchase process. You can buy LIC EFAP through: LIC EFAP (Employee’s Guaranteed Savings Plan): A Complete

• Total premium paid: ₹28,000 × 25 = ₹7,00,000
• Basic SA: ₹10,00,000
• Bonus @ ₹48/1000 SA/year: ₹48 × 1000 × 25 = ₹12,00,000
• FAB @ ₹10/1000 SA = ₹10,000
• Total Maturity Benefit: ₹10,00,000 + ₹12,00,000 + ₹10,000 = ₹22,10,000