What is IC-27?
IC-27 (Health Insurance) is an optional Optional-level examination offered by the Insurance Institute of India (III). Health insurance — products, underwriting, claims, third-party administrators and the regulatory framework for health cover in India.
How many questions are in the IC-27 exam?
The IC-27 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-27?
You need to score at least 60% to pass IC-27. Scoring 75% or above earns a Distinction grade.
How many credit points does IC-27 carry?
IC-27 carries 30 credit points. These count toward your III certification — 60 credits for Licentiate, 250 for Associateship, 490 for Fellowship.