What is IC-11?
IC-11 (Practice of General Insurance) is a compulsory Licentiate-level examination offered by the Insurance Institute of India (III). The practice of general (non-life) insurance — fire, motor, marine, miscellaneous covers, underwriting basics and claims handling.
How many questions are in the IC-11 exam?
The IC-11 exam has 100 MCQs to be answered in 120 minutes (2 hours). All questions must be attempted — there is no negative marking.
What is the pass mark for IC-11?
You need to score at least 60% to pass IC-11. Scoring 75% or above earns a Distinction grade.
How many credit points does IC-11 carry?
IC-11 carries 20 credit points. These count toward your III certification — 60 credits for Licentiate, 250 for Associateship, 490 for Fellowship.