Insurance Agents Exam - IC 38 Practice Exam
Insurance Agents Exam - IC 38 Practice Exam
About Insurance Agents Exam - IC 38 Exam
Insurance Agents Exam - IC 38 Exam is one of the first steps to becoming an IRDAI Agent/Insurance Advisor. The Insurance Institute of India conducts the pre-recruitment qualification examination on behalf of IRDAI.
Exam Details
- Exam Type: Online platforms
- Exam Duration: 1 hour 50 minutes
- Exam Format: Multiple choice
- Passing score: 35% marks and above (at least 18 marks).
- There is no negative marking system
- The Validity of Licence is 3 Years
Eligibility Criterion
The Insurance Agents Exam - IC 38 Exam requires the following prerequisites -
- The IRDAI Regulations 2000, requires the 12th standard as a minimum qualification for applicants.
- Candidate should be 12th standard exam passed from the recognized board if he resides in a place with 5000 or more population
- The candidate should be 10th passed if he resides in a place with a population of less than 5000.
Course Outline
The Insurance Agents Exam - IC 38 Exam covers the following topics -
Module 1 - Introduction to Insurance
- Basics of Insurance
- Overview of Customer Service
- Learn about grievance redressal mechanism
- Understand the regulatory aspect of corporate agency
- Overview of principles of an Insurance Contract
Module 2 - Understanding about Life Insurance
- Concept of Life Insurance
- Learn about Financial Planning
- Life Insurance Product - I
- Life Insurance Product - II
- Understanding the applications of Life Insurance
- Learn about pricing and valuation in life insurance
- Documentation Policy
- Underwriting
- Payments under a Life Insurance Policy
Module 3 - Understand Health Insurance
- Overview of Health Insurance
- Understanding Insurance Documentation
- Health Insurance Products, Underwriting and Claims
Module 4 - Understanding the concept of General Insurance
- Learn about principles of Insurance
- Understanding the documentation
- Learn the Theory and Practice of Premium Rating
- Understand about Commercial Insurance
- Understand the Claims Procedure
What do we offer?
- Full-Length Mock Test with unique questions in each test set
- Practice objective questions with section-wise scores
- In-depth and exhaustive explanation for every question
- Reliable exam reports evaluating strengths and weaknesses
- Latest Questions with an updated version
- Tips & Tricks to crack the test
- Unlimited access
What are our Practice Exams?
- Practice exams have been designed by professionals and domain experts that simulate real-time exam scenarios.
- Practice exam dumps have been created on the basis of content outlined in the official documentation.
- Each set in the practice exam contains unique questions built with the intent to provide real-time experience to the candidates as well as gain more confidence during exam preparation.
- Practice exams help to self-evaluate against the exam content and work towards building strength to clear the exam.
- You can also create your own practice exam based on your choice and preference
100% Assured Test Pass Guarantee
We have built the TestPrepTraining Practice exams with 100% Unconditional and assured Test Pass Guarantee!