FellowshipIC-81 · 2014 EditionActuarial: pick at least one
Mathematical Basis of Life Assurance
Insurance Institute of India: Fellowship Examination
One of eight actuarial papers for Fellowship. Covers the mathematical principles underlying life assurance calculations.
✓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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444verified practice questions
Across 12 chapters, every question reviewed and exam-aligned.
| Chapter | Chapter Name | Questions |
|---|---|---|
| 1 | Life Insurance Products | 37 |
| 2 | Office Premiums | 37 |
| 3 | Policy Values | 37 |
| 4 | Further Life Contingencies | 37 |
| 5 | Reinsurance | 37 |
| 6 | Data for Valuation | 37 |
| 7 | Methods of Valuation | 37 |
| 8 | Special Reserves and Adjustments | 37 |
| 9 | Surplus and its Distribution | 37 |
| 10 | Asset Share | 37 |
| 11 | Surrenders and Alterations | 37 |
| 12 | Risks | 37 |
1 Mock Test
•100 random questions
•120 minutes
•Fresh questions every attempt
Draws from all 444 questions across every chapter, so no two attempts are the same.
Chapters in this module
1. Life Insurance Products • 37 MCQs
2. Office Premiums • 37 MCQs
3. Policy Values • 37 MCQs
4. Further Life Contingencies • 37 MCQs
5. Reinsurance • 37 MCQs
6. Data for Valuation • 37 MCQs
7. Methods of Valuation • 37 MCQs
8. Special Reserves and Adjustments • 37 MCQs
9. Surplus and its Distribution • 37 MCQs
10. Asset Share • 37 MCQs
11. Surrenders and Alterations • 37 MCQs
12. Risks • 37 MCQs
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