Marine Insurance-IC 67 Practice Exam

Marine Insurance-IC 67 Practice Exam

Marine Insurance-IC 67 is a certification from the Insurance Institute of India which includes insurance for cargo, ships, and other maritime transport. The course includes types of marine insurance policies, shipping risks, marine surveyors, claims handling, and legal aspects.

Certification in Marine Insurance-IC 67 helps you prepare for the Marine Insurance-IC 67 module test by assessing you in marine insurance, covering underwriting, claims handling, legal issues, and the risks.
Why is Marine Insurance-IC 67 certification important?

• Practices and sharpens your skills and knowledge to clear the Marine Insurance-IC 67 module
• Enhances credibility in the marine insurance industry.
• Provides a deep understanding of marine risk management and insurance policies.
• Increases career opportunities in underwriting, claims handling, and marine risk assessment.
• Demonstrates expertise in assessing and mitigating risks related to maritime transport.
• Strengthens knowledge of legal and regulatory frameworks governing marine insurance.
• Prepares professionals for roles in marine insurance companies, shipping firms, and regulatory bodies.
• Validates the candidate's ability to handle claims and settlement processes effectively.

Who should take the Marine Insurance-IC 67 Exam?

• Marine Underwriters
• Marine Claims Adjusters
• Marine Risk Managers
• Insurance Brokers (Marine Insurance)
• Marine Surveyors
• Marine Insurance Analysts
• Shipping Insurance Specialists
• Maritime Compliance Officers
• Cargo Insurance Managers
• Marine Loss Control Specialists

Skills Evaluated

Candidates taking the certification exam on the Marine Insurance-IC 67 is evaluated for the following skills:

• Marine insurance policies.
• Underwriting procedures
• Risks
• Claims and settlements.
• Legal and regulatory aspects
• Cargo, hull, and liability insurance policies.
• Insurance principles
• Marine surveyor reports

Marine Insurance-IC 67 Certification Course Outline
The course outline for Marine Insurance-IC 67 certification is as below -

• Domain 1: Basic Concepts
• Domain 2: Fundamental Principles
• Domain 3: Underwriting
• Domain 4: Cargo Insurance Coverage’s Part 1
• Domain 5: Cargo Insurance Coverage’s Part 2
• Domain 6: Types of Covers
• Domain 7: Hull Insurance - Part 1
• Domain 8: Hull Insurance - Part 2
• Domain 9: Marine Claims
• Domain 10: Marine Recoveries
• Domain 11: Role of Banker’s in marine Insurance
• Domain 12: Loss Prevention, Reinsurance, Maritime Frauds