Hello My dear Friends, i am a person who was once just like you. i made this blog to help my fellow upcoming Agents. I hope this blog helps all of you to crack into it...
*All the data is copied from Different places and combined with only the useful information all together so that it become easy for all of you to understand it.
So shall we start...
A critical element of financial sector reforms is the development of a pool of human resources having right skills and expertise in each segment of the industry to provide quality intermediation to market participants.
Quality intermediation requires personnel working in the industry to:
a) follow a certain code of conduct and
b) have an understanding of business and skills to connect with different constituents in the market
Accordingly, the Institute has developed the course material for pre-recruitment test for general insurance agents in consultation with the industry. The course material is prepared based on the syllabus approved by IRDA.
In the context of multiplicity of products and practices among insurers, the study course has adopted a generic treatment of fundamental principles of insurance, regulatory aspects, selling and marketing, policy documentations, various products and their coverage, extensions of cover, theory and practice of premium rating, claims procedures, customer service etc. The focus is on conceptual knowledge rather than any specific individual approach of insurers.
The study course, thus, provides basic knowledge of insurance that enables agents to understand and appreciate their professional career in the right perspective. Needless to say, insurance business operates in a dynamic environment the agents will have to keep abreast of changes in law and practice, through personal study and participation in in-house training given by insurers.
Agents would do well to realize that passing of examination and obtaining the license in only a beginning and the career of insurance agency is a profoundly rewarding one, not only in terms of money but in terms of prestige and satisfaction of having done good to others.
Value-addition is represented by the inclusion of a model questions in the study course. This will give the students an idea of the format and types of objective questions that may appear in the examination. The model questions will also serve the purpose of revision and re-enforcement of knowledge acquired during the training. Irrespective of varying practices of insurers, the licensing examination of non-life insurance agents will be based on the contents of this study course and questions will be framed and answers evaluated accordingly.
We thank IRDA for entrusting this work to III. We acknowledge the efforts made by the Secretary- General of General Insurance Council in finalizing the syllabus and reviewing the course content.
The Institute wishes all those who study this
*All the data is copied from Different places and combined with only the useful information all together so that it become easy for all of you to understand it.
So shall we start...
A critical element of financial sector reforms is the development of a pool of human resources having right skills and expertise in each segment of the industry to provide quality intermediation to market participants.
Quality intermediation requires personnel working in the industry to:
a) follow a certain code of conduct and
b) have an understanding of business and skills to connect with different constituents in the market
Accordingly, the Institute has developed the course material for pre-recruitment test for general insurance agents in consultation with the industry. The course material is prepared based on the syllabus approved by IRDA.
In the context of multiplicity of products and practices among insurers, the study course has adopted a generic treatment of fundamental principles of insurance, regulatory aspects, selling and marketing, policy documentations, various products and their coverage, extensions of cover, theory and practice of premium rating, claims procedures, customer service etc. The focus is on conceptual knowledge rather than any specific individual approach of insurers.
The study course, thus, provides basic knowledge of insurance that enables agents to understand and appreciate their professional career in the right perspective. Needless to say, insurance business operates in a dynamic environment the agents will have to keep abreast of changes in law and practice, through personal study and participation in in-house training given by insurers.
Agents would do well to realize that passing of examination and obtaining the license in only a beginning and the career of insurance agency is a profoundly rewarding one, not only in terms of money but in terms of prestige and satisfaction of having done good to others.
Value-addition is represented by the inclusion of a model questions in the study course. This will give the students an idea of the format and types of objective questions that may appear in the examination. The model questions will also serve the purpose of revision and re-enforcement of knowledge acquired during the training. Irrespective of varying practices of insurers, the licensing examination of non-life insurance agents will be based on the contents of this study course and questions will be framed and answers evaluated accordingly.
We thank IRDA for entrusting this work to III. We acknowledge the efforts made by the Secretary- General of General Insurance Council in finalizing the syllabus and reviewing the course content.
The Institute wishes all those who study this
