How do I become IRDA certified?
Regulation 4 of the regulations (i.e. IRDA (licensing of Insurance Agents) /Regulations, 2000) requires that a person desiring to obtain or renew a license to act as an insurance agent or a composite insurance agent shall possess the minimum qualification of a pass in 12th standard or equivalent examination conducted …
How can I get Insurance Institute of India membership?
Intending members should apply to the Institute in the prescribed election form available on our website together with the requisite fee. The application should be accompanied by: a. Election form duly completed with the requisite fee.
What is IRDA certificate?
IRDA Stands for the Insurance Regulatory and Development Authority of India. IRDA is the body that governs the functioning of various General Insurance and Life insurance companies of the nation. Candidates who wish to work in the insurance sector can check out various Insurance exams in the linked article.
How do I get my insurance agency license?
5 Steps to Becoming an Insurance Agent
- Decide if you want to complete an associate or bachelor’s degree program.
- Pick a specialty.
- Complete pre-licensure requirements.
- Pass a licensing exam.
- Apply at insurance agencies.
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What is the qualification for Licentiate exam?
Ans: Yes you can enroll for the Licentiate examination if you have passed S.S.C. or any equivalent examination and completed 18 years of age. For CPAIM Course candidates should either be Graduate or Associates/Fellow of III.
What is the benefits of Licentiate exam?
In order to pass the licentiate exam, a candidate not only has to clear the two compulsory papers but also score minimum 60 credit points. Licentiate exam not only have good industry reputation but it also opens your door to advance insurance agent exams such as associateship and fellowship exams.
What is IRDA salary?
The Assistant Manager in IRDA gets the starting basic pay of approximately 28000/- to 30,000/ per month. The initial monthly gross remuneration is approximately 80,000/-….IRDA – Assistant Manager Salary.
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What is the purpose of Irda exam in India?
IRDA is the supervisory body that regulates all the insurance companies in India which include both Life Insurances & General Insurances companies. While monitoring all these activities, IRDA also observes and regulates the development of these industries. IRDA Exam is conducted to recruit Insurance agents for various insurance companies.
How to get IrDA registration number from training institute?
12.The training institute must display the certificate of accreditation to impart training issued by the Authority at the training institute and also IRDA Registration number should be made available in the home page of the portal. 13.No marketing fee/consultancy fee payment is permitted for getting the trainees.
Are there any insurance related questions in IrDA?
The Insurance related questions in the IRDA exam will be based on the following topics or syllabus. Other than the insurance questions, the syllabus also comprises English language, quantitative aptitude, reasoning, general awareness etc. Candidates appearing for the IRDA exam must have a clear idea about the pattern of both Prelims and Mains exam.
Do you have to pay registration fee for IrDA exam?
For the candidates who have to become a Composite (Life & General) Insurance Agent have to complete 75 hours of training. Candidates will have to fill the form for IRDA exam with correct details. After that, they will need to pay the registration fee for the exam.