To become Life Insurance Agent in India a candidate should pass IRDA IC 38 Pre recruitment qualification exam. To become General Insurance Agent in India a candidate should pass IRDA IC 38 Exam.
On behalf of IRDA (Insurance Regulatory and development Authority), Agent pre recruitment exam is conducted by Insurance Institute of India.
Regulation 4 of the IRDA (licensing of Insurance Agents) Regulations, 2000 requires a Minimum qualification of a pass in 12th standard in case of urban areas and 10th Standard in case of rural areas if the population is less than 5000.
NO. At present regulation stipulates that a person should work as Insurance Advisor and solicit Insurance business only for One Life Insurance Company and One General Insurance Company.
NO. You have to enroll yourself with the Insurance Company you like to be associated with. It is only through that Insurer you will be able to write exam.
Candidates should complete 50 hours of training from an IRDA approved training institution to act as Life or General Insurance agent. In case of Candidates who are seeking license for the first time to act as composite (i.e. Life & General) insurance agent has to complete 75 hours of training.
Insurance Company will have tie up with training providers and they will arrange training.
Exam is ONLINE. No off line exam is available. Once you submit the question paper you will immediately get the result.
Insurance License is valid for a period of three years.
No. Candidates need not write exam for Certificate Renewal. They have to undergo 25 hours of practical training in order to renew the certificate for another block of 3 years.
Not really if you understand the concept. But most of the candidates find it difficult to pass the exam.
Yes, We are providing mock test for IRDA examination