Insurance is a booming sector in India and with more and more private sector insurance companies coming into picture, it has become a sought after sector. In India LIC is the only public sector life insurance company. LIC Recruits its candidates through exams. A student has to be a graduate or at the least a 12th class passes out for clerical level posts.
The selection is done in 2 levels
first level consists of an objective written examination. It questions the aspirant’s English Language abilities, Reasoning abilities, Numerical aptitude and general awareness.
After a person clears level 1 he/she has to go through the second level which consists of Group Discussion and Interview.
In order to become a life insurance and a general insurance agent in India it is mandatory to clear IRDA IC 33 Pre recruitment qualification exam and IRDA IC 34 Pre recruitment qualification exam respectively. This exam by insurance institute of India supervised by IRDA (Insurance Regulatory and development Authority).it is necessary to register with an insurance company before as this exam can’t be written directly but through that insurance company.
Syllabus of IC 33 EXAM consists of: Understanding Insurance, Providing technical product information, providing professional advice, understanding claims, fulfilling legal and regulatory requirement and Understanding customer protection and ethics.
It is an ONLINE EXAM which comprises of 50 MCQ’S of 1 mark each. The candidate has to attempt the paper in an hour and no negative marking is awarded for incorrect answers. Once the candidate clears the exam the certificate that he/she is given has a validity of 3 years.
After the pre-recruitment exam the private sector insurance companies have their separate recruitment exams which the individual needs to clear in order to become associated with the organization.
NEW CAMBRIDGE COLLEGE understands the changing perceptions and advancements of the working group and therefore places a special focus on the coaching of the INSURANCE EXAMS.
- OUR online test series is developed and designed with the help of people working in the Insurance Industry.
- Our teachers use practical, understandable and simple examples so that students are clear about the concepts and answering mock questions does not seem like a hard task to them.
- Special doubt sessions are conducted in order to make students free of any confusions or distractions they might have.
- Weekly tests and daily practice assignments increase the confidence and performance level of the students. We have been delivering consistent excellent results since the time of inception thus making us the BEST COACHING INSTITUTE for INSURANCE EXAMS.