Insurance Agents Exam - IC 38 Exam
The IC 38 exam is mandated by the Insurance Regulatory and Development Authority of India (IRDAI) for anyone who wants to become an insurance agent. Passing this exam allows you to sell life, non-life (general), and health insurance policies in India.
Who Should Take the Exam?
This exam is ideal for you if you:
- Are interested in a career in insurance sales
- Want to work directly with an insurance company
- Aim to build a client base and earn commissions on policy sales
Exam Eligibility
To be eligible for the IC 38 exam, you must:
- Be at least 18 years old
- Have passed Class 10 from a recognized board (if residing in a rural area)
- Have passed Class 12 from a recognized board (if residing in an urban area)
Course Outline
The exam covers the following topics:
- Introduction to Insurance
- Customer Service
- Grievance Redressal Mechanism
- Regulatory aspects of Insurance Agents
- Legal Principle of an Insurance Contract
- Introduction to Health Insurance
- Insurance Documentation
- Health Insurance Products
- Health Insurance Underwriting
- Health Insurance Claims
- Principles of Insurance
- Documentation
- Theory & Practice of Premium Rating
- Personal & Retail Insurance
- Commercial Insurance
- Claims Procedure