All III Exam Modules
Practice question banks for every paper — written from the III prescribed study material. Try a free demo on any module before purchasing.
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26 modules found
Compulsory for the General stream Associate. Covers underwriting principles, risk assessment, rating, and commercial lines underwriting.
Compulsory for the General stream Associate. Covers insurance accounting, financial statements, and financial management.
Compulsory for the Life stream Associate. Covers underwriting principles, financial underwriting, occupational and residential risks, reinsurance, and medical conditions including blood disorders, nervous system, diabetes, thyroid, cardiovascular, respiratory, and gastrointestinal disorders.
Compulsory for the Life stream Associate. Covers life insurance accounting — premium and expense accounting, investments, final accounts, financial analysis, budgeting, taxation, and AML.
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.
Associate level elective covering marine insurance fundamentals, principles of insurance, marine underwriting, Incoterms, cargo insurance coverages and clauses, inland transit clauses, marine cargo policies, hull insurance, marine cargo and hull claims, recoveries, the role of bankers, and loss prevention, marine reinsurance and maritime frauds.
Associate level elective covering motor insurance fundamentals, marketing, types of vehicles and policy documents, underwriting, own-damage and third party claims, IT applications, consumer delight, third party liability, procedures for filing and defending claims, quantum fixation, and fraud management and internal audit.
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.
Associate level elective for the General stream. Covers development of engineering insurance, CAR, EAR, MCE, CW, CPM, ALOP, endorsements, machinery insurance, boiler and pressure plant, MLOP, electronic equipment insurance, reinsurance, risk management, and special international covers.
Covers burglary, fidelity guarantee, personal accident, travel, and other miscellaneous lines.
Associate level elective covering Indian agriculture and its risks, the history and design of crop insurance, yield-index and weather-based crop insurance, R-PMFBY, traditional crop insurance underwriting and claims, international practice, crop loss assessment including modern technologies, livestock, cattle and poultry insurance, miscellaneous agriculture schemes, and agriculture reinsurance.
Covers group insurance products and regulations, tax aspects of group and retirement benefits, accounting standards (AS-15 / Ind AS 19), investment patterns for retirement schemes, administration, claims, reinsurance, valuation of liabilities, retirement benefit schemes and social security schemes.
Covers the fundamentals of reinsurance — its purpose, forms (facultative and treaty) and methods (proportional quota share and surplus, and non-proportional excess of loss and stop loss); retentions and reinsurance programme design; placement, law and treaty clauses; reinsurance accounting; markets and financial security; alternative risk transfer; inward business; information processing; catastrophe modelling; Indian reinsurance regulations; and insurance pools.
Covers risk and probability theory, the scope and objectives of risk management, building an effective risk management programme, the risk management decision-making process, risk engineering, alternative risk transfer mechanisms, enterprise risk management, business continuity and disaster recovery, loss exposures for major classes and practical risk management checklists.
Associate level elective. Covers insurance and marketing fundamentals, consumer behaviour, services marketing and quality, insurance marketing strategies, rural markets, and consumerism and social responsibility.
Covers financial management and financial statements, ratio analysis, budgeting and budgetary control, fund flow and cash flow statements, insurance company investments and IRDA regulations, the Indian capital market, mutual funds and AIFs, capital budgeting (NPV/IRR), international financial management, MIS, disclosure norms, portfolio management, the foreign exchange market and financial risk management and derivatives.
Covers HR principles, recruitment, training, performance management, and labour law as applied to insurance organisations.
Covers asset and asset-liability management for insurers; investment alternatives; security market, fundamental, company and technical analysis; IRDAI investment and solvency regulations and SEBI/securities laws; bond valuation and interest-rate risk; time value of money; portfolio theory, modern portfolio theory and CAPM; portfolio management and equity investments; mutual funds; bonds and derivatives; the forex market; FDI/FII and international investment; and applied case studies.
Covers the legal framework of life assurance in India — sources of law and administration of justice; the law of contract and the life insurance contract; policy conditions, lapse, revival and non-forfeiture; group and other schemes; the policy as property; assignment, nomination and MWP Act rights; claim settlement; tax laws; insurance intermediaries; the legal status of individuals and FEMA provisions; nationalisation and the LIC Act; consumer protection and the Ombudsman; insurance legislation abroad; and the IRDA Act 1999.
Associate level elective covering the health system and health financing in India, health insurance products, underwriting, policy forms and clauses, data, pricing and reserving, regulatory and legal aspects, customer service, health insurance fraud, and reinsurance.
Covers the claims process across all general insurance lines — investigation, assessment, settlement, and fraud management.
Covers insurance fraud typologies across every major line of business, global and Indian fraud-fighting frameworks, investigation of losses, and money laundering in insurance.
Practice MCQs for the III Associateship paper IC-76 Aviation Insurance: introduction to aviation and the aviation insurance market, aviation insurance covers (AVN clauses), underwriting of general aviation, airlines and aerospace risks, aviation law and international conventions, aviation claims, aviation finance and leasing, and drone (UAS) insurance.
Covers the structure of the insurance industry, distribution ecosystem, insurtech, and the evolving business environment.
Covers agency, broking, bancassurance, digital channels, and the management of insurance distribution networks.
Covers the full range of life insurance products — term, endowment, ULIPs, annuities, and riders.