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Principles of Insurance - IC 01 Licentiate Exam

licentiate exam mock test

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Exam and Question Bank details

Licentiate in Life Insurance offered by the Insurance Institute of India (III) consist of three papers namely Principles of Insurance (IC 01), Practice of Life Insurance (IC 02), Regulation of Insurance Business (IC 14).

Licentiate in General Insurance exam consists of three papers namely Principles of Insurance (IC 01), Practice of General Insurance (IC 11), Regulation of Insurance Business (IC 14). Principles of Insurance (IC01) and Regulation of Insurance Business papers (IC14) are common to both exams.

Each paper is of 100 Multiple Choice Questions. Candidates should score 60% in each subject to qualify for Licentiate. The duration for the exam is 2 hours. There is no Negative Marks for wrong answers.

We at PASS4SURE have designed our mock tests for Licentiate exam – Principles of Life Insurance (IC 01) by having various Practise Tests and 3 Very Important LAST DAY REVISION tests and a REAL FEEL TEST of 2 hours (a total of 400 VERY IMPORTANT Q&As). There is no need of studying thousands of questions.

PASS4SURE has provided explanations for almost every answer so that you understand them and remember the answers easily. Also detailed step by step solutions are provided to the mathematical problems. The Question Bank has been updated in Dec '20. The subscription cost is Rs 499. After payment, just log in to see the mock exams.

Once you go through the PASS4SURE Licentiate exam solved papers like mock tests you will find it easy to clear Principles of Life Insurance (IC 01) exam.

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