IC-38 Corporate Agent / SP case studies
IC-38 Corporate Agent / SP · Put your knowledge to work in context.
The IC-38 Corporate Agent examination is the pre-licensing qualification that individuals associated with corporate agency entities in India must clear before they can be registered to solicit and service insurance business. The Insurance Institute of India (III) publishes the Corporate Agent IC 38 study material and a Corporate Agent model question bank, and it administers the online training and examination pathway through its portal. The IC-38 Corporate Agent / SP case studies are 5 cases and about 3,958 words.
1Three Products, One Recommendation
Priya is a specified person at the corporate agency of a large NBFC. She is meeting Ramesh, 42, a self-employed textile trader with an annual income of ₹8 lakh, two children aged 9 and 5, and a ₹35 lakh home loan.
819 words, about 4 min2The Training Certificate That Arrived Too Fast
The compliance officer of a corporate agency receives a completion report from an IRDAI-approved training institute. Forty branch employees have been certified as having completed the prescribed online training module and passed the examination, and the agency plans to appoint all forty as specified persons at a launch next week with a ₹2 crore premium target.
739 words, about 4 min3The WhatsApp Group With Four Thousand Policyholders
A corporate agency's branch runs a WhatsApp broadcast list of 4,000 policyholders that is administered from a relationship manager's personal phone. To support renewals, the branch emailed a spreadsheet to an external telemarketing vendor.
753 words, about 4 min4Cash at the Branch Counter
On 28 March a policyholder, Meena, hands ₹1,20,000 in cash to the relationship manager at the corporate agency's branch counter as renewal premium for her 15-year endowment policy. The premium due date is 31 March and the policy is within its grace period.
812 words, about 4 min5The Employer Who Wanted Retro Cover
A corporate agency services a 600-employee manufacturing client whose group health policy is moving to a new insurer with effect from 1 April. The agency earns ₹18 lakh a year from this account.
835 words, about 4 min