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  #2  
30th July 2015, 01:02 PM
Super Moderator
 
Join Date: Apr 2013
Re: Details of IRDA Exam

IRDA (Insurance Regulatory and Development Authority) Exam is conducted for recruiting insurance agents in various insurance companies.

It is an All India examination conducted on every year for appointing the insurance agents….. And it is a government agency which was started on the aim of saving the interest of the policy holders and providing them better safe treatment.

Eligibility;
Applicants must have passed Class 12th examination from any recognized university.

The candidate should have a minimum age of 21 years.

Exam Pattern:-

The IRDA exam consists only objective type questions conducted for 100 marks and 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 offline mode of exam is discontinued from april 2011 onwards.

The candidate needs to attend the practical classes.

Syllabus;
The syllabus is divided into two parts .They are

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.
  #3  
30th March 2020, 08:57 AM
Super Moderator
 
Join Date: Aug 2012
Re: Details of IRDA Exam

Exam Pattern

Number of Questions 50


Time allotted 1 hour

Marking Scheme 1 mark for every correct answer; No negative marking

Maximum Marks 50 marks

Qualifying Marks 35%

Important Dates

IRDA Exam is held throughout the year. Applicant Candidates can apply 15 days before to apply for the same.

Eligibility;
Applicants must have passed Class 12th examination from any recognized university.

The candidate should have a minimum age of 21 years.

Exam Pattern:-

The IRDA exam consists only objective type questions conducted for 100 marks and the duration of the exam is 2 hours.

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


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