AssociateIC-45 · 2023 EditionRequired paper
General Insurance Underwriting
Insurance Institute of India: Associate Examination
Compulsory for the General stream Associate. Covers underwriting principles, risk assessment, rating, and commercial lines underwriting.
✓12 chapters✓Chapter-wise practice tests✓1 full mock test (100 multiple choice questions · 2 hrs)✓Personalised study recommendations✓Subject tutor (available after purchase)
Individual module
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400verified practice questions
Across 12 chapters, every question reviewed and exam-aligned.
| Chapter | Chapter Name | Questions |
|---|---|---|
| 1 | Introduction to Underwriting | 50 |
| 2 | Methodology and Procedures of Underwriting | 50 |
| 3 | Principles of Rate Making | 50 |
| 4 | Rating Approaches and Pricing Methods | 50 |
| 5 | IRDA File and Use Guidelines | 25 |
| 6 | Applications of File and Use | 25 |
| 7 | Tools of Underwriting | 25 |
| 8 | Types of Policies | 25 |
| 9 | Underwriting Profitability and Reunderwriting Strategies | 25 |
| 10 | Protection of Policyholders Interests | 25 |
| 11 | Research and Development in Underwriting Rating and Product Innovation | 25 |
| 12 | IT Applications in Underwriting | 25 |
1 Mock Test
•100 random questions
•120 minutes
•Fresh questions every attempt
Draws from all 400 questions across every chapter, so no two attempts are the same.
Chapters in this module
1. Introduction to Underwriting • 50 MCQs
2. Methodology and Procedures of Underwriting • 50 MCQs
3. Principles of Rate Making • 50 MCQs
4. Rating Approaches and Pricing Methods • 50 MCQs
5. IRDA File and Use Guidelines • 25 MCQs
6. Applications of File and Use • 25 MCQs
7. Tools of Underwriting • 25 MCQs
8. Types of Policies • 25 MCQs
9. Underwriting Profitability and Reunderwriting Strategies • 25 MCQs
10. Protection of Policyholders Interests • 25 MCQs
11. Research and Development in Underwriting Rating and Product Innovation • 25 MCQs
12. IT Applications in Underwriting • 25 MCQs
Exam-preparation material only. InsuranceGurukul does not sell insurance or financial products.