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It will be interesting to note that insurance institute of India was formed with an objective of promoting insurance education and training in insurance advisors of the country. This institute conducts various examinations to inculcate specialized qualifications and expertise of insurance with Indian context in the aspirants.

Regulatory bodies of India such as SEBI, NSE and BSA conduct various certification exams for people who wish to pursue their career as advisors or traders in various financial sectors.

Insurance regulatory and developmental authority is an independent body responsible for endorsing and regulating insurance in India. IC 38 exam is an online certification exam conducted by IRDS for all those who wish to become insurance agents.