IRDA Exam Duration - 2017-2018 StudyChaCha

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  #1  
Old July 30th, 2015, 11:42 AM
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Default IRDA Exam Duration

How much is the duration of examination for Insurance Regulatory Development Authority (IRDA) exam ?
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  #2  
Old July 30th, 2015, 12:22 PM
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Default Re: IRDA Exam Duration

Insurance Regulatory Development Authority (IRDA) Exam is of 2 hours Duration.

Exam Pattern :

The IRDA exam consists only objective type questions conducted for 100 marks .

The duration of the exam is 2 hours.

To qualify in the exam the candidate have to secure atleast 50% marks.

The IRDA exam is conducted through online mode only.

The candidate need to attend the practical classes.

Syllabus for exam :-

The syllabus is divided into two parts

General insurance
Life insurance

General Insurance Topics :-

Introduction to Insurance, Principles of General Insurance, Insurance Documents, Theory and Practice of Rating, Legislative and Regulatory Matters, Fire Insurance, Marine Insurance, Motor Insurance, Personal Accident Insurance, Health Insurance, Liability Insurance, Engineering Insurance, Miscellaneous Insurance-I and II, Claims, Rural Insurances, Government Schemes For Social Sector, Risk Management, Personal Development, Behavioral Aspects, Fundamentals of Agency Law, Procedure For Becoming An Agent, Functions Of The Agent, Salesmanship and Organization.

Life Insurance Topics :-

Introduction to Insurance, Fundamentals of Agency Law, Legislative And Regulatory Matters, Procedure For Becoming an Agent, Functions Of The Agent, Organization, Fundamental Principles Of Life Insurance, Financial Planning and Taxation, Insurance Salesmanship, Computation Of Premiums/Bonuses, Insurance Documents, Life Insurance Products, Agency Commission Structure , Claims, Insurance In The Rural / Social Sectors, Group Insurance & Pension Plans, Options, Guarantees & Riders etc.
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