: You must use the Uniform Application for State Grant Assistance , which is a three-page document used to formalize your organization’s request.
Visit the official website and click on Login to Customer Portal , then choose Sign Up . lic efap
1. LIC EFEAP Software (Employee Front-End Application Program) : You must use the Uniform Application for
Under the Payment of Gratuity Act, gratuity received by an employee or agent is generally taxable under the head "Income from Salaries." However, certain exemptions may apply up to specific limits. It is advisable for agents to consult a tax professional for advice on their specific situation. then choose Sign Up . 1.
If at least 2 full years’ premiums are paid and subsequent premiums are not paid:
| Parameter | LIC EFAP (Table 914) | LIC Jeevan Labh (Table 936) | LIC New Jeevan Anand (Table 915) | | :--- | :--- | :--- | :--- | | | Equal to policy term | Limited (16/25 years) | Equal to term | | Maturity Benefit | SA + Bonus | SA + Bonus | SA + Bonus + Accidental benefit equivalent to SA | | Death Benefit | SA + Bonus | SA + Bonus | SA + Bonus + SA again (double cover) | | Term Range | 12-35 years | 16/25 years only | 15-35 years |
: You can walk into any branch and get a status report on your policy immediately.