III IC-47 / A-1

Use the 'Apply for Examination' link under Professional Examinations. New candidates should read the New Candidate PDF or video and the help manual, then use the sign-up and photo/signature upload routes. The public homepage does not list IC-47 separately, so confirm the paper code, session and centre in the current timetable before paying.

Four areas: principles and practice of insurance; insurance regulation and compliance; underwriting and risk assessment; and claims management and loss assessment. The paper connects contract principles and regulatory requirements to practical underwriting decisions and claim settlements. Use the current III study material for the detailed chapter list, because course materials have been revised.

The III homepage does not publish paper-specific duration, question count, marking scheme or pass mark for IC-47 / A-1. Those details sit in the Professional Examination Regulations and the current timetable or help manual. Check both before booking, because the public menus are general and schedules change by session.

The Institute revised Professional Examination Fees with effect from 1 April 2026. The homepage announces the revision but does not display the amount, so download the current fee notification from the Professional Examination section. If you buy an e-book, 5% GST applies to e-books from 20 March 2026. Do not rely on older fee figures.

Use the edition that matches your examination session. The Institute introduced revised study course materials from the June 2026 online examination and announced new and revised materials from September 2026. Check the Study Material page for the IC-47 title, price list, e-book or audio-book options and any addenda before you start. Addenda update printed text.

Exemptions are handled through the Institute's exemption route. The exemption application link for the December 2026 session becomes available from 1 December 2026. Check the Exemption and Credits for prior Learning pages for eligibility and documents. Do not assume a pass in another paper automatically gives an exemption; apply and get written confirmation.

The Institute publishes an Online Examination Schedule and refers to online examinations when announcing revised study materials for June 2026 and September 2026. Plan for computer-based delivery, but confirm your session, centre and reporting time in the official timetable and help manual. The homepage does not confirm the mode for every individual paper.

Start with principles and regulation, then underwriting, then claims; the later topics assume the earlier vocabulary. A common study mistake is memorising definitions without applying them to a scenario. Others are ignoring addenda and regulatory updates, and writing vague claim settlement answers. Practise short answers that name the rule, apply it to the facts and state the outcome.

The Institute provides a Question Paper Query route under Examinations. Use it for issues such as a wrong question, missing data or ambiguity, and follow the regulations on what may be raised and when. Raise the query through the official channel rather than social media, and keep your examination details ready.