What is IC 34?

What is IC 34?


What is IC 33?


What is IC 38 in insurance?

IC38 is a subject related to Insurance Industry. They conduct the iC38 exam for people who want to become insurance advisers in any insurance company. IC38 Subject contains all basic aspects of the Life, health, and General Insurance industry. This Subject starts with the inception of insurance to Reinsurance.

What is general insurance and its types?

General insurance covers home, your travel, vehicle, and health (non-life assets) from fire, floods, accidents, man-made disasters, and theft. Different types of general insurance include motor insurance, health insurance, travel insurance, and home insurance.

What is the maximum limit of liability of insurer under the policy?

The policy limit is the maximum amount an insurer will pay under a policy for a covered loss. Maximums may be set per period (e.g., annual or policy term), per loss or injury, or over the life of the policy, also known as the lifetime maximum.

What is full form of Irdai?

© 2013 Insurance Regulatory and Development Authority of India.

What is the passing marks for IRDA exam?

IRDA has reduced the passing mark for the pre-recruitment examination of insurance agents from 50 percent to 35 percent.

What is IC 33 of IRDA?

IRDA (IC-33) Life Insurance Agents Certification Examination. Specially, it intends to increase agent’s ability to apply, in clients’ interests, facts of the Indian insurance industry and its directives, and knowledge and consideration of key life insurance and other financial products.

What does IC stand for in insurance?

Acronym Definition
IC Insurance Component
IC Insurance Company (IRB)
IC In Contact (recessed light fixture for direct contact with attic insulation)
IC Iowa City

What are the 3 main types of insurance?

Insurance in India can be broadly divided into three categories:

  • Life insurance. As the name suggests, life insurance is insurance on your life.
  • Health insurance. Health insurance is bought to cover medical costs for expensive treatments.
  • Car insurance.
  • Education Insurance.
  • Home insurance.

What are the 5 main types of insurance?

Home or property insurance, life insurance, disability insurance, health insurance, and automobile insurance are five types that everyone should have.

How do you read limits of liability?

Liability insurance is broken down into three amounts: per person limit for bodily injury, per incident limit for bodily injury, and a property damage limit. Using the recommended amounts of $100,000, $300,000 and $100,000, the limits are generally written as .