IRDA Exam acronym asInsurance Regulatory and Development Authority exam also known as LIC agent Exam is conducted by Insurance Institute of India every year an all India bases for recruitment of Insurance agents in insurance companies.
IRDA Exam Eligibility
Educational Qualification Candidate interested to take IRDA exam should be +2 from a recognized school/board.
Age Candidates aspiring to take IRDA Exam should not be below 18 years of age however there is no upper age limit for taking IRDA Exam for becoming an LIC agent.
IRDA Exam Syllabus
The Syllabus of IRDA Exam comprises subjects questions related toInsurance, loans, regulations and their general application. However there can be some questions of numerical problems like percentage, discount and loan calculation etc.
IRDA Exam Pattern
IRDA Exam consists of short answer type question of the form of:
Yes – No
Match the Column
Multiple choice Answers
How to apply for IRDA Exam?
Interest candidates can apply for IRDA Exam in any of the two modes i.e ONLINE mode or MANUAL or OFFLINE mode.
For ONLINE IRDA Exam, the candidates have to visit the official website and get themselves registered for the online IRDA Exam.
However a candidate preferring MANUAL mode of examination is required to submit the examination entry-Annexure-III- form duly completed by the candidate and countersigned by the authorized official of the sponsoring insurer.
Note:- If the candidate wishes to appear for both life and General branches,he/she shall have to submit two separate entry forms, one each from the two sponsoring companies.
IRDA Exam Dates
IRDA Exam is not held on a particular date or a particular venue. In fact IRDA exams are conducted on the dates and venues mutually agreed upon between the sponsoring insurer and the Institute with a condition that at least 20 candidates are ready to appear for the examination.
IRDA Exam Centres
IRDA Exam venue is usually the place where the training is conducted. However Presiding Officer of the exam can change the venue and his decision will be final and binding.
IRDA Exam Fee
IRDA Exam fee for each entry form is Rs.200 (Rs.400 for Life & General Insurance)
Requisite fee along with two photographs are to be submitted to the Insurance Institute of India, Universal Insurance Building, 6th Floor, Sir P.M.Road, Fort, Mumbai-400001l, through the sponsoring Insurance company.
IRDA Exam Result
The result of the candidates is declared within the 5 days from the date of examination. Candidates who pass the examination receive certificates of having passed the examination in due course of time through their sponsoring insurer. whereas candidates who have been declared as failed in the examination should contact their sponsoring insurer to enroll for the next pre-recruitment test.
Questions related to Insurance Regulatory and Development Authority Exam