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Insurance Institute of India Licentiate Examination Procedure and Syllabus

LICENTIATE EXAMINATION – EFFECTIVE FROM OCTOBER-2010

Licentate examination will be of objective type.The Question Paper will be 100 Marks. Time allowed for licentiate examination will be two hours.There will not be any negative marking.

⇒ Objective of the Scheme: i) The Scheme is meant to promote and spread Insurance Education across the country / world. ii) The scheme is open to Institutions/Organisations, which are in the field of Education/Training activities and having high reputation and necessary infrastructure to cater to the needs of the aspiring candidates for the professional qualification examination of Insurance Institute of India iii) Associated institutes who are conducting coaching and training for Insurance Institute of India’s programme are also required to register themselves under the new scheme. iv) Special Affiliate Members who were registered under our earlier schemes so named are required to convert themselves into the new scheme, if they are otherwise eligible as per this circular.

⇒ Eligibility criteria for Accreditation 1) Institutions which are registered as educational and / or training provider – any Company / Registered Society or Agents Training Institutes approved by IRDA only will be eligible. 2) Institutions should have good reputation and have been in the education field for a minimum period 5 years. 3) Associated Institutes of Insurance Institute of India also will be eligible for the scheme. No fees will be charged from them, in case they wish to start a Learning Centre.

⇒ Responsibilities of IIIALC to I.I.I 1. IIIALC will enroll candidates for I.I.I.’s various examinations. 2. IIIALC will supply course material to the students. 3. IIIALC will collect Membership form, Examination forms along with relevant fees from the students on behalf of I.I.I. 4. IIIALC will provide coaching facility to the candidates enrolled for the examination of I.I.I. The fees to be charged will be decided by the respective IIIALC itself. 5. Coaching for Licentiate, Associate Fellowship and other professional course of I.I.I. will be carried out by the IIIALC. 6. IIIALC will be required to send a report in the prescribed form to I.I.I once in a year on the activities undertaken by them as IIIALC of Insurance Institute of India. (Annexure- III) 7. I.I.I. may allow one or more IIIALC at any center and there will not be any exclusive right of jurisdiction to any IIIALC. 8. Any organization having multicity operation and interested to get approved in more than one place, should apply separately for each station.

⇒ Facilities from Insurance Institute of India to IIIALC 1. A certificate of affiliation will be issued to the IIIALC, which must be displayed in the premises of IIIALC (Annexure – I) 2. I.I.I will place the list of IIIALC in examination hand book and other relevant materials. 3. IIIALC will be allowed handling charges on the sale of study books to their students. 4. I.I.I. will be sending its journal / one set of study books and any other publication as a compliment (existing and revised / new books as and when published for the library) to IIIALC. 5. IIIALC will be allowed to print/distribute notes/study materials/solved question papers/model question papers prepared by them to their students with due intimation to I.I.I., with a copy of the same.

⇒ Period of Accreditation, Renewal and Accreditation Fees 1. Accreditation will be decided on the basis of the information provided in the prescribed application form by the interested Institutions/organizations for IIIALC. (Annexure- II) 2. Accreditation will be initially granted for 1 year from the date of accreditation. After 1 year on review, it will be renewed for further period of 3 years. 3. At the time of initial Accreditation, application fee of Rs.2,000/- and Accreditation fee @ Rs.10,000/- to be remitted to I.I.I 4. Renewal is subject to review of the performance of the IIIALC, their adherence to the conditions. 5. Renewal fees will be Rs.30,000/- for three years or as prevailing at the time of renewal. 6. If any IIIALC wants to withdraw after accreditation or is terminated by Insurance Institute of India from the scheme in between the period of accreditation no refund of fees will be made for the remaining period of accreditation.

⇒ Code of Conduct of IIIALC 1. Each IIIALC has to run classes in keeping highest professional standards. 2. The IIIALC should not involve in any kind of activities which will damage the reputation of the Insurance Institute of India in particular and Insurance Industry in general. 3. Associated Institutes and IIIALC will be complementary to each other to attain the effectives of Insurance Institute of India. 4. IIALC faculty / Management will under no circumstance interfere in the examination process. ⇒ Current Affiliate Members will be converted to Accredited Learning Centres as per the above norms with immediate effect. They are requested to submit their acceptance / consent letter for the same. For any clarification in this regard you may contact Shri P.K. Rath, Director, Landline No.022-22693419 Mobile No. 9930467820 Email: rath@iii.org.in

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Comments (12)

zakaria published on Apr 01, 2013, 06.40pm IST

am working for life insurance corporation of india i would like to know whether i can register for licentiate exam in mumbai with an option for examination centre at mangalore Reply

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paramjeet published on Feb 10, 2013, 08.42am IST

i am working for life insurance corporation of india i would like to know whether i can register for licentiate exam in mumbai with an option for examination centre at mangalore

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  • 0 VOTES

preeti published on Jan 15, 2013, 06.50pm IST

sir can you give some tips how to pass in licentate exam

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  • 0 VOTES

luckylucky published on Mar 07, 2011, 11.56am IST

i am going to appear for surveyor exams to be conducted by III will you please suggest to get any helpbook, and willgive me the address and location of book seller in delhi.

Thanx

s.kumar

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sonusmarty published on Feb 21, 2011, 05.27am IST

how to pay the payment for licenciate

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  • 0 VOTES

harry published on Feb 18, 2011, 07.44am IST

Hi, I am neetu persuing for the licentiate exam in the month of May, pPls provide me some hint's of exam, how i do prepration for the same, Thanking you

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christy published on Feb 06, 2011, 07.06am IST

Krishna: i want some tips to pass

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  • 0 VOTES

sonusmarty published on Jan 28, 2011, 01.11pm IST

Hi, I want to licenciate and diploma course in ins.so pls.gideme whatis prosidur for appring in exam in mumbai. subroto kurimob:-9172572400

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preeti published on Jan 14, 2011, 05.18am IST

Wants to apply for licentiate exam is there aqny centre in goa, kindly let me know my no is 9011095303

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  • 0 VOTES

rajnikaant published on Jan 13, 2011, 09.10am IST

i am an individual how can i get material for licentiate certificate and kyes for that plz suggest sdvice

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alizabeth published on Jan 12, 2011, 02.13pm IST

I want to licenciate exame so plese gideme what is prosidur for appring in ex I in jharkhand (ranchi) nalin ranjan pandey mob-09905898297

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BIMABAZAAR published on Sep 05, 2010, 06.54am IST

The Insurance Times, a leading group of Insurance Publications in India has announced the launch of preparatory Guidebooks for the candidates appearing in Licentiate examinations of Insurance Institute of India (III). From October 2010 III has revised the syllabus and exam pattern for Licentiate exams. From October 2010 term all the questions will be of objective type and the exams will be of 2 hours duration. To help the candidates prepare for the October exams, The Insurance Times has published Guide books for three papers for both life and non life streams. The Papers include Guide to practice of Life Assurance, Guide to practice of General Insurance, Guide to principles of Insurance and Guide to Regulations on Insurance. The book has been published by The Insurance Times, the first monthly journal on insurance in India which is going to complete 30 years in publication. The Insurance Times group is a leading publication house on insurance books in India. The group had recently launched General Insurance Year Book 2010 and Health Insurance in India successfully

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