Enables quick updates such as change of address and policy status reports to enhance the customer experience. Benefits for LIC Agents
If this is related to corporate compliance, it refers to an integration between licensing verification and employee support programs. lic efap
You have a grace period of 30 days (15 days for monthly mode). If unpaid beyond that, the policy lapses. Within 2 years of lapse, you can reinstate it by paying all due premiums with interest. Enables quick updates such as change of address