FellowshipIC-92 · 2016 EditionActuarial: pick at least one
Actuarial Aspects of Product Development
Insurance Institute of India: Fellowship Examination
One of eight actuarial papers for Fellowship. Covers actuarial principles in insurance product design and development.
✓14 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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420verified practice questions
Across 14 chapters, every question reviewed and exam-aligned.
| Chapter | Chapter Name | Questions |
|---|---|---|
| 1 | Insurance Product | 30 |
| 2 | Importance of Product Design | 30 |
| 3 | Pricing of Products - I | 30 |
| 4 | Types of Insurance Products - Individual | 30 |
| 5 | Pricing of Products - 2 | 30 |
| 6 | Types of Insurance Products - Group | 30 |
| 7 | Premium Bases - Interest Rate | 30 |
| 8 | Premium Bases - Mortality and Morbidity Rates | 30 |
| 9 | Premium Bases - Persistency/Withdrawal Rates | 30 |
| 10 | Premium Bases - Commission Rates | 30 |
| 11 | Premium Bases - Margins | 30 |
| 12 | Premium Bases - Expense Rates | 30 |
| 13 | Reinsurance Support | 30 |
| 14 | Financial Viability - Profit Margin and Solvency Margin | 30 |
1 Mock Test
•100 random questions
•120 minutes
•Fresh questions every attempt
Draws from all 420 questions across every chapter, so no two attempts are the same.
Chapters in this module
1. Insurance Product • 30 MCQs
2. Importance of Product Design • 30 MCQs
3. Pricing of Products - I • 30 MCQs
4. Types of Insurance Products - Individual • 30 MCQs
5. Pricing of Products - 2 • 30 MCQs
6. Types of Insurance Products - Group • 30 MCQs
7. Premium Bases - Interest Rate • 30 MCQs
8. Premium Bases - Mortality and Morbidity Rates • 30 MCQs
9. Premium Bases - Persistency/Withdrawal Rates • 30 MCQs
10. Premium Bases - Commission Rates • 30 MCQs
11. Premium Bases - Margins • 30 MCQs
12. Premium Bases - Expense Rates • 30 MCQs
13. Reinsurance Support • 30 MCQs
14. Financial Viability - Profit Margin and Solvency Margin • 30 MCQs
Exam-preparation material only. InsuranceGurukul does not sell insurance or financial products.