What is IC-78?
IC-78 (Miscellaneous Insurance) is an optional Optional-level examination offered by the Insurance Institute of India (III). Miscellaneous insurance — personal accident, burglary, fidelity, money and other niche covers.
How many questions are in the IC-78 exam?
The IC-78 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-78?
You need to score at least 60% to pass IC-78. Scoring 75% or above earns a Distinction grade.
How many credit points does IC-78 carry?
IC-78 carries 30 credit points. These count toward your III certification — 60 credits for Licentiate, 250 for Associateship, 490 for Fellowship.