How do I apply for IC 38?
Asked by: Mr. Dion Prosacco | Last update: February 11, 2022Score: 4.9/5 (52 votes)
You cannot directly appear for IC38, you need to be an insurer first at which you have to attend 50 hours training by IRDA to be called a Life, General or Health Insurance Agent, while for first timers, and it is 75 hours of training.
How do I apply for IRDA IC 38?
IRDA 2021 Exam Application Form
Candidates who are interested to apply for IRDA exam will have to apply through online mode. Before applying for IRDA exam, the interested candidate has to get 50-hours training from a training institute which is IRDA approved to act as a Life or General Insurance agent.
How can I prepare for IC 38?
- Read IC 38 Book Properly.
- Learn Important Terminology of Insurance.
- Make and Read Important IC 38 Notes.
- Practice Chapter-wise IC 38 Mock Test.
- Then Practice consolidated IC 38 Mock Test.
Who conducts IC 38 exam?
IC 38 exam is an initial step to become IRDAI Agent/Insurance Advisor. On behalf of IRDAI (Insurance Regulatory and development Authority of India, Insurance Institute of India (III), conducts this pre recruitment qualification examination.
How can I apply IRDA exam online?
Interest candidates can apply for IRDA Exam in any of the two modes i.e ONLINE mode or MANUAL or OFFLINE mode. For ONLINE IRDA Exam, the candidates have to visit the official website and get themselves registered for the online IRDA Exam.
IC 38 IRDA AGENT EXAM || HOW TO DOWNLOAD HALL TICKET || LIC AGENT PORTAL
What is the fees of IRDA exam?
► Fee Structure: Admission fee Rs. 250/- and Exam Fee per Paper is Rs. 300/-, payable by Demand Draft only drawn in favour of "Insurance Institute of India, payable at Mumbai.
Can I give IRDA exam from home?
“IRDAI has rolled out proctored exam which can be done on any device. Candidates can sit at home and take tests. This will help in the agency business,” noted Tarun Chugh, Managing Director and CEO, Bajaj Allianz Life Insurance. “The new model will allow candidates to sit at home and take the exam.
What is the use of IC 38 exam?
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.
How can I be a LIC agent?
- Contact the right individuals. Get in touch with the nearest LIC branch in your city and contact the Development Officer. ...
- Participate in an interview. ...
- Complete training. ...
- Pass the examination. ...
- Obtain licensing. ...
- Complete reporting.
What is the benefit of IRDA exam?
To ensure the fair dealing of insurance policies in the market. To safeguard the interest of the policyholders in India. To keep an eye on the frauds and scams found in the insurance market. To implement the rules and regulations of IRDA for the safety and benefit of customers.
How do I pass IC 38 in first attempt?
Minimum marks to pass the test is 18 out of 50 which comes to be 35%. Even if a candidate gets 17 marks in the test, one mark will be given as grace to pass the exam. So, in total we need to answer at least 17 correct questions to pass the test. The result is generated as soon as the candidate submits the test.
Is IC 38 exam easy?
Is IRDA Exam (IC 38) difficult to pass? Not really if you understand the concept. But most of the candidates find it difficult to pass the exam.
What is LIC agent salary?
The average salary for a LIC Agent is ₹ 1.9 Lakhs per year in India, which is at par with the average salary of LIC Agent at Life Insurance Corporation Of India which receives a salary of ₹ 1.9 Lakhs per year.
How can I get URN number in IRDA?
You can find it on the top of the acknowledgement given to you at the time of enrollment. Alternatively you'll get it on your mobile at the time of enrollment. In case if you lost the enrollment slip/ SMS kindly wait for the confirmation receipt of your update. Enter your URN number and Aadhar card number.
How can I prepare for LIC AAO 2021?
- Step 1 – Know the Exam Pattern & Syllabus thoroughly. i. ...
- Step 2 – Make a timetable for yourself. ...
- Step 3 – Brush up your basics and start practising. ...
- Step 4 – Take up Mock Tests at regular intervals. ...
- Step 5 – Analyse your mock tests and practise questions on your weak topics.
How do I become a IRDA corporate agent?
- A company formed under the Companies Act, 2013 or the company law; or.
- A Limited Liability Partnership under the LLP Act, 2008; or.
- A Co-operative Society registered under Co-operative Societies Act; or.
- A banking company; or.
Do LIC agents pay first premium?
Though, Agents earn the commission for the policies they sale. LIC offers 25% to 35% commission on the policy premium for the first year, then 7.5% for 2nd & 3rd Year + 5% till the policy maturity.
Is LIC agent a good career?
2] Attractive Remuneration: LIC offers one of the best remuneration systems in the industry that not only takes care of your current earnings, but also guarantees an earning for the future. As LIC agent, you can set your own income targets with a potential to earn as much as you want for the rest of your life.
How can I become a LIC agent online?
- Click 'Agent's Module Helpline' under Online Services menu tab.
- A new page will open. Click 'Click Here to Register'.
- Enter the relevant details and then click 'Generate OTP'.
- An OTP will be sent to your registered email ID/mobile number.
- Enter the OTP and your registration is done.
How can I become an insurance agent in India?
To become Insurance Agent in India, a candidate should pass IRDAI IC 38 pre-recruitment qualification exam. To become General Insurance Agent in India, a candidate should pass the IRDA IC 38 Exam.
What is the validity of IRDA licence?
The NOC is valid up to six months from the date of issue.
How do I check my IRDA certification?
- Candidates should visit the official website of the Insurance Regulatory and Development Authority, irdai.gov.in or iiiexams.org.
- On the homepage, jump to the result section.
- Click on the link which reads IRDA Exam Result 2021.
Is the full form of IRDA?
Insurance Regulatory and Development Authority (IRDA) Act, 1999 spells out the Mission of IRDAI as: “... to protect the interests of the policyholders, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto......”
What is IRDA certificate?
Features & Benefits of IRDA:
Protects the policyholder's interests. Rules and regulations are framed by the apex body under Section 114A of the Insurance Act, 1938. It is entrusted under the Insurance Act to grant the certificate of registration to new insurance companies to operate in India.
What is urn in IRDA?
Please note that URN (i.e. Unique Registration Number) is the Unique Number which is generated at the time of profile creation of the candidate who is pursuing the online training and examination for the Principal Officer / Specified Persons/ Authorized Verifiers of the Corporate Agent.