Principles of Insurance - IC 01 Licentiate
Principles of Insurance - IC 01 Licentiate
Principles of Insurance - IC 01 Licentiate
This Principles of Insurance - IC 01 Licentiate has been developed to offer a core understanding of the insurance mechanism. The Principles of Insurance - IC 01 Licentiate Exam covers the concept of insurance and methods used to cover the risk, Functions and operations of insurance, the significance of insurance contracts.
Course Outline
The Principles of Insurance - IC 01 Licentiate Exam covers the following topics -
- Module 1: Understanding the concept of Risk Management
- Module 2: Describe Insurance and its Evolution
- Module 3: Describe the Business of Insurance
- Module 4: Describe the Insurance Market
- Module 5: Describe the Insurance Customers
- Module 6: Describe the Insurance Contract
- Module 7: Describe the Insurance Terminology
- Module 8: Describe the Life Insurance products
- Module 9: Describe General Insurance Products
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Exam Format and Information
| Exam Name Principles of Insurance - IC 01 Licentiate | Exam Code IC 01 |
| Exam Duration 120 mins | Exam Format Multiple Choice and Multi-Response Questions |
| Exam Type Licentiate | Number of Questions 100 Questions |
| Eligibility/Pre-Requisite NIL | Validity 5 years |
| Exam Language English | Pass Score 60% and above |