licentiate in insurance

The licentiate examination is conducted by Insurance Institute of India. The examinations are conducted twice a year. Recently the Institute has introduced online examinations. In due course these examinations may be conducted more frequently.

Eligibility:

Class 12 pass

Streams:

In licentiate examination there are two branches life and nonlife. Candidates can select either life insurance or general insurance. There are three papers each in each stream out of which two papers are common. The details are given below

Life Insurance	General Insurance
Common papers
1.Principles of insurance
2.Regulations of insurance
Practice of life insurance	Practice of general insurance

Pattern of questions:
All the questions are of objective types in multiple choice question format.

Pass mark:
The pass mark the 60%

Fees:
Registration fees: Rs.700
Examination fees: Rs.500 for each paper. Total registration Fees is Rs.2200

Registration for examination:
(i) Candidate can register for the examination by availing the on-line registration facility through III website.
(ii) Candidate can also submit their examination entry form to the local Associated Institute nearest to their residence or office along with the fees. Candidates will be required to submit entry form available in the Associated Institute. The candidates can also submit the copy of the mark sheet downloaded from the website.

Submission of Form:
Examination entry form can be submitted through Associated Institutes or 
(ii) ONLINE at III’s website: www.insuranceinstituteofindia.com
These are the only two channels available for applying for Examinations.

Contact details :
Insurance Institute of India & College of Insurance,
Plot No.C-46, G-Block, Bandra Kurla Complex,
Mumbai – 400051. Telephone Nos.022-26541154, 26541156, 2652 3296/97
Website – www.insuranceinstituteofindia.com