Practice Exam
Practice of Life Insurance-IC 02

Practice of Life Insurance-IC 02

4.7 (526 ratings)
668 Learners
Take Free Test

Practice of Life Insurance-IC 02

The Practice of Life Insurance-IC 02 module provide knowledge on the core principles, and operations of life insurance and is from the Insurance Institute of India . It covers types of life insurance policies, policy underwriting, claims settlement, regulatory frameworks, and customer servicing. It is the basis for knowing the life insurance business.

Certification in "Practice of Life Insurance-IC 02"  helps you prepare for the Practice of Life Insurance-IC 02 module test by assessing you in life insurance principles, practices, and regulations.

Why is Practice of Life Insurance-IC 02 certification important?

  • Demonstrates a solid understanding of life insurance principles and practices.
  • Boosts career opportunities in the insurance and financial services sectors.
  • Validates knowledge of underwriting, policy management, and claims handling.
  • Enhances customer servicing skills in life insurance.
  • Complies with industry regulatory and professional standards.
  • Builds credibility as a trained insurance professional.
  • Helps meet qualification criteria for advanced insurance roles.

Who should take the Practice of Life Insurance-IC 02 Exam?

  • Insurance Advisors
  • Life Insurance Agents
  • Underwriters
  • Claims Managers
  • Actuarial Analysts
  • Customer Service Representatives in Insurance
  • Insurance Trainers and Educators
  • Insurance Operations Managers

Practice of Life Insurance-IC 02 Certification Course Outline
The course outline for Practice of Life Insurance-IC 02 certification is as below -

 

  • Domain 1: Organisational Structure of a Life Insurance Company
  • Domain 2: Premiums and Bonuses
  • Domain 3: Plans of Life insurance
  • Domain 4: Annuities
  • Domain 5: Group Insurance
  • Domain 6: Unit- Linked Life Insurance Products
  • Domain 7: Applications and Acceptance
  • Domain 8: Policy Document
  • Domain 9: Payment Of Premium, Surrender, Lapsed Policy and Revival
  • Domain 10: Assignment, Nomination, Loan and Fore-closure under a policy
  • Domain 11: Policy Claims

Key Features

Accredited Certificate

Industry-endorsed certificates to strengthen your career profile.

Instant Access

Start learning immediately with digital materials, no delays.

Unlimited Retakes

Practice until you’re fully confident, at no additional charge.

Self-Paced Learning

Study anytime, anywhere, on laptop, tablet, or smartphone.

Expert-Curated Content

Courses and practice exams developed by qualified professionals.

24/7 Support

Support available round the clock whenever you need help.

Interactive & Engaging

Easy-to-follow content with practice exams and assessments.

Over 1.5M+ Learners Worldwide

Join a global community of professionals advancing their skills.

How learners rated this courses

4.7

(Based on 526 reviews)

63%
38%
0%
0%
0%

Reviews