Insurance Institute of India — Exam Guide

Everything you need to know about Licentiate, Associate, and Fellowship certifications. Find the right path for your career.

Entry Level · 60 Credit Points

Licentiate Certificate

The entry-level III qualification. Two streams available — Life Insurance and General Insurance. Compulsory papers: IC-01 for all students, plus IC-02 (Life) or IC-11 (General). One elective from Table 1 completes the certification.

Mid Level · 250 Credit Points

Associateship Diploma (AIII)

The mid-level III qualification. Builds on Licentiate credits. Compulsory papers vary by stream (IC-45 + IC-46 for General; IC-22 + IC-26 for Life). Electives from 23 available Table 1 papers complete the 250 Credit Points.

Highest Level · 490 Credit Points

Fellowship Diploma (FIII)

The highest qualification offered by the Insurance Institute of India. Builds on Associateship credits. At least one actuarial paper is compulsory. Electives from Table 1 complete the 490 Credit Points.

Specialised Diplomas

Stand-alone diploma certifications. These papers do not carry Credit Points toward Licentiate, Associate, or Fellowship — they are separate qualifications.

Health Insurance Diploma

IC-35 · IC-36 · IC-37

Browse modules →

Marine Insurance Diploma

IC-60 · IC-66 · IC-70

Browse modules →

Fire Insurance Diploma

IC-56 · IC-58 · IC-59

Browse modules →

Casualty Actuarial Diploma

IC-47 · IC-84 · A-4

Browse modules →

Latest from the Insurance Institute of India

Live III announcements will appear here automatically. This section updates daily.

Visit insuranceinstituteofindia.com for official exam dates and schedules →

Ready to start preparing? Try a free demo on any module — no payment required.

Browse all modules →