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III Exam Mock Tests - Yearly Subscription (Insurance Institute of India)
✅1 Year Subscription for iii exam Mock Tests
✅ Licentiate , Associates , Fellowship
✅ Provided All Available and Upcoming Mock Tests
✅ Include - IC 01 ,02,11,14,22,24, 26,27,38, 39 ,45, 46, 57, 67, 71, 72, 74, 76, 77, 78, 81, 83, 85, 86, 88, 89, 90, 92, 99, AS 05 (iv), IC S01
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Licentiate exam is the most essential introductory level course which includes two compulsory papers i.e., Principles of Insurance and Practice of Insurance (life and non life). Apart from this there is an optional paper from the curriculum of the professional exam.

**Licentiate exam can be broadly categorized in two categories:**

👉🏻Licentiate exam for life insurance
✔️Principles of insurance (IC 01)
✔️Practice of life insurance (IC 02)
✔️Regulation of business insurance (IC 14)

👉🏻Licentiate exam for general insurance
✔️Principles of insurance (IC 01)
✔️Regulation of business insurance (IC 14)
✔️Practice of general insurance (IC 11)

✅ LICENTIATE EXAMINATION: This is essentially an introductory course dealing with the two compulsory papers i.e. Principles of Insurance and Practice of Insurance (Life / Non-Life) and one more paper as optional from professional exam curriculum.

✅ ASSOCIATESHIP EXAMINATION: At this level, there are two compulsory papers i.e. i) Underwriting & ii) Accounts and students may have option to choose subjects either Life or Non-Life. The scheme of study provides knowledge of chosen subject. However, candidates will have to get familiar with the practical aspects related to the Associateship Level subjects.

✅ FELLOWSHIP EXAMINATION: This is the highest level and there is one compulsory Actuarial subject to be taken by the candidate. Fellowship level involves advanced studies of specified areas.

✅Time Limit: There is no time limit for passing the professional examinations of the III. However, credit points will be valid only for five years from the date of passing the subject. After passing Associateship Examination, validity of the credit points of the subject passed earlier (till accumulation of 250 credit points) shall remain permanent, however thereafter to qualify for Fellowship Examination, candidate must acquire additional 240 credit points (including compulsory papers) within a time limit of seven years.

✅Requirement for passing the examination:
Passing Marks for all the subjects/papers of objective type Multiple Choice Question (MCQ) (On-line/ Off-line) is 60% & above. The duration of examination is 2 hours. If a candidate obtains at least 75% of the maximum marks in any subject, he/ she will be deemed to have passed with Distinction in that subject. Certificates / Diplomas will be issued to candidates only on their obtaining minimum required Credit Points and passing compulsory subjects. AIII and FIII Diploma will be awarded within a month after declaration of result.

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iii Exam Yearly Mock Test Subscription - Licentiate, Associates, Fellowship

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