AssociateIC-74 · 2023 Edition
Liability Insurance
Insurance Institute of India: Associate Examination
Associate level elective for the General stream. Covers the legal background of liability, liability underwriting, statutory and public liability, products liability, professional indemnity, commercial general liability, directors and officers liability, and errors and omissions cover.
✓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 Liability Insurance | 34 |
| 2 | Legal Background | 33 |
| 3 | Liability Underwriting | 33 |
| 4 | Statutory Liability | 33 |
| 5 | General Public Liability (Industrial / Non-Industrial Risks) | 34 |
| 6 | Products Liability Insurance | 33 |
| 7 | Professional Indemnity Insurance | 33 |
| 8 | Commercial General Liability | 33 |
| 9 | Directors and Officers Liability | 34 |
| 10 | Other Policies and Overseas Practice | 33 |
| 11 | Claims | 33 |
| 12 | Reinsurance | 34 |
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 Liability Insurance • 34 MCQs
2. Legal Background • 33 MCQs
3. Liability Underwriting • 33 MCQs
4. Statutory Liability • 33 MCQs
5. General Public Liability (Industrial / Non-Industrial Risks) • 34 MCQs
6. Products Liability Insurance • 33 MCQs
7. Professional Indemnity Insurance • 33 MCQs
8. Commercial General Liability • 33 MCQs
9. Directors and Officers Liability • 34 MCQs
10. Other Policies and Overseas Practice • 33 MCQs
11. Claims • 33 MCQs
12. Reinsurance • 34 MCQs
Exam-preparation material only. InsuranceGurukul does not sell insurance or financial products.