III IC-72

IC-72 is a subject code in the Insurance Institute of India's professional examination series, which also covers papers such as IC 01 Principles of Insurance and IC 14 Regulations of Insurance Business. The Institute publishes subject-wise study material and addenda. Confirm IC-72's current syllabus and whether it counts as an elective or core paper on the official III syllabus page before you plan.

The III site refers to online examinations and publishes an online examination schedule, and it has announced revised study course materials for the June 2026 and September 2026 online examinations. Session timings, duration, and the exact mode for IC-72 are set by the Institute per session, so check the current online examination schedule and help manual rather than relying on older information.

The source material available here does not state a passing score or marking scheme for IC-72, so no figure can be given with confidence. The Institute does publish a grace passing marks notice for the IC-38 examination specifically, but that is a different paper. Read the current regulations and the examination help manual on the III site for the authoritative marking rules.

III has revised professional examination fees with effect from 1 April 2026, and 5% GST applies to e-books from 20 March 2026. The revised fee amounts themselves are not stated in the source text available here, so check the fee structure page on the official site for the current figure applicable to your session before paying.

III operates an exemption process with a dedicated application link and FAQ. The exemption application link for the December 2026 session is announced as available from 1 December 2026. Exemption eligibility depends on your prior qualifications and the specific subject, so read the exemption FAQ and regulations on the official site before assuming IC-72 is covered.

Start with the foundational papers, since subjects like IC 01 Principles of Insurance and IC 14 Regulations of Insurance Business underpin later technical subjects. Then take the specialised paper you are attempting alongside any related subject so the concepts reinforce each other. Always download the addendum for each subject you sit, because the Institute issues corrections between printings.

The Institute lists study material in hard copy, e-book, and audio book formats, with an online price list and a dispatch status page, plus subject-wise addenda. Revised study course materials have been announced from June 2026 and September 2026 online examinations, so buy the edition that matches your session. Note the 5% GST on e-books from 20 March 2026.

The source text available here does not state a retake policy, waiting period, or validity period for IC-72 passes. These are governed by the professional examination regulations, which the Institute publishes separately. Check the regulations and the professional exam FAQ on the official site, and plan around the published examination sessions rather than assuming a fixed cooling-off period.

Two recurring causes are studying from outdated material and skipping the addendum, which is risky given the announced revisions for the June and September 2026 online examinations. A third is neglecting the regulations paper, whose content frames compliance questions across other subjects. Confirm the current syllabus, read the addendum, and practise with the Institute's model question banks where published.

Use the Institute's own channels: the professional examination FAQ, the study course FAQ, the help manuals for new and already registered candidates, and the photo and signature upload guidance. For subject-specific doubts, the question paper query route is listed. Avoid third-party summaries for anything involving fees, dates, or eligibility, since these change with each session.