Practice of Life Insurance - IC 02 Licentiate Practice Exam Dumps
Practice of Life Insurance - IC 02 Licentiate
About Practice of Life Insurance - IC 02 Licentiate Exam
The Practice of Life Insurance - IC 02 Licentiate Exam helps understand the concept of life insurance and its evolution. The licentiate focuses on learning about organisational structure and functions.
Skills Acquired
- Learn about the concept of appointing life insurance agents
- Learn about the duties and their remuneration of life insurance agents
- Understand the insurance history and its growth
- Overview of the Indian insurance market.
- Learn the activities and organisational structure of a life insurance company
- Understand the appointment of life insurance agents and their functions.
- Understand remuneration to agents and continuation of the agency.
- Learn the trends in life insurance distribution channels.
Exam Details
- Exam Type: MCQ (on-line/ Off-line)
- Passing score: 60% and above
- Total Questions: 100
- Exam Duration: 2 hours.
- No negative marks
Course Outline
The Practice of Life Insurance - IC 02 Licentiate Exam covers the following topics -
- Understand Practice of Life Insurance
- Understand Premiums and Bonuses
- Learn Plans of Life Insurance
- Learn Annuities
- Overview of Group Insurance
- Understand Linked Life Insurance Policies
- Learn about Applications and Acceptance
- Overview of Policy Documents
- Understand Premium Payment, Policy Lapse and Revival
- Understand Assignment, Nomination and Surrender of Policy
- Learn about Policy Claims
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