AssociateIC-57 · 2025 Edition
Fire and Consequential Loss Insurance
Insurance Institute of India: Associate Examination
Associate level elective for the General stream. Covers fire insurance basic principles and the fire policy, add-on covers and special policies, fire hazards and prevention, erstwhile tariff rules and rating, documentation, underwriting, legal and procedural aspects of claims, consequential loss (business interruption) insurance, and specialised policies and overseas practice.
✓11 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
₹999/ 1 year access
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495verified practice questions
Across 11 chapters, every question reviewed and exam-aligned.
| Chapter | Chapter Name | Questions |
|---|---|---|
| 1 | Basic Principles and The Fire Policy | 45 |
| 2 | Add On Covers and Special Policies | 45 |
| 3 | Fire Hazards and Fire Prevention | 45 |
| 4 | Erstwhile Tariff Rules and Rating | 45 |
| 5 | Documents | 45 |
| 6 | Underwriting | 45 |
| 7 | Claims - Legal Aspects | 45 |
| 8 | Claims Procedural Aspects | 45 |
| 9 | Consequential Loss Insurance - I | 45 |
| 10 | Consequential Loss Insurance - II | 45 |
| 11 | Specialised Policies and Overseas Practice | 45 |
1 Mock Test
•100 random questions
•120 minutes
•Fresh questions every attempt
Draws from all 495 questions across every chapter, so no two attempts are the same.
Chapters in this module
1. Basic Principles and The Fire Policy • 45 MCQs
2. Add On Covers and Special Policies • 45 MCQs
3. Fire Hazards and Fire Prevention • 45 MCQs
4. Erstwhile Tariff Rules and Rating • 45 MCQs
5. Documents • 45 MCQs
6. Underwriting • 45 MCQs
7. Claims - Legal Aspects • 45 MCQs
8. Claims Procedural Aspects • 45 MCQs
9. Consequential Loss Insurance - I • 45 MCQs
10. Consequential Loss Insurance - II • 45 MCQs
11. Specialised Policies and Overseas Practice • 45 MCQs
Exam-preparation material only. InsuranceGurukul does not sell insurance or financial products.