Practice of General Insurance - IC 11 Practice Exam - RETIRED
Practice of General Insurance - IC 11 Exam
The Licentiate in General Insurance exam consists of three papers comprising of -
- Principles of Insurance (IC 01)
- Practice of General Insurance (IC 11)
- Regulation of Insurance Business (IC 14).
The Practice of General Insurance - IC 11 exam focuses to study the markets – domestic and international both, with a focus on the documentation and processes, individual classes of business, underwriting, rating, claims and insurance accounting.
Course Outline
The Practice of General Insurance - IC 11 Exam covers the following topics -
- Module 1 - Understanding of General Insurance
- Module 2 - Overview of Policy Documents and Forms
- Module 3 - Overview of Fire and Marine Insurance
- Module 4 - Understanding Motor Insurance and Personal Liability Insurance
- Module 5 - Overview of Engineering and other insurance
- Module 6 - Learn and Understand the concept of Underwriting
- Module 7 - Understand concept of Ratings and Premium
- Module 8 - Overview of Claims
- Module 9 - Learn about Insurance Reserves and Accounting concepts
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