III IC-81
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ExploreAbout this exam
IC-81 is a professional examination subject offered within the Insurance Institute of India's professional examination stream, which leads candidates through Licentiate, Associateship and Fellowship stages and sits alongside the Institute's specialised diploma courses. It is aimed at insurance professionals, underwriters, claims handlers and graduates who want a formally examined, industry-recognised qualification rather than a generic online certificate. Because the Institute has not published a subject-level syllabus breakdown for IC-81 on its home page, candidates should download the current Professional Examination syllabus PDF and the study material dispatch page before planning a study order; the Institute has announced revised study course materials from the June 2026 online examination and new and revised materials from September 2026, so older notes may be out of date. Preparation normally combines the official study material, the model question bank where available, and the online examination schedule so the candidate books the correct session. Note that professional examination fees were revised with effect from 1 April 2026, and 5% GST applies to e-books from 20 March 2026. The exemption application window for the December 2026 session opens on 1 December 2026. This page is an independent study resource and is not affiliated with or endorsed by the Institute.
What you'll study
About III IC-81 preparation
What exactly is IC-81?
IC-81 is one subject code in the Insurance Institute of India's professional examination series, the same numbering family as IC-01, IC-02 and other IC papers listed on the Institute site. It is examined under the professional examinations regulations. Confirm the current subject title and syllabus from the Institute's Professional Examination syllabus page before you enrol.
How do I check whether the IC-81 syllabus has changed?
The Institute has announced revised study course materials from the June 2026 online examination and new and revised materials from September 2026. Check the study material and addendum pages for IC-81 before buying books, and treat any pre-2026 guide as potentially outdated.
What does the exam cost, and what changed recently?
Professional examination fees were revised with effect from 1 April 2026; the home page notice does not state the revised amounts, so check the fee structure page for the current figure. Separately, 5% GST applies to e-books from 20 March 2026, which affects the digital study material price rather than the exam fee.
Can I claim an exemption from IC-81?
The Institute runs an exemption route with a published exemption fee structure and credits for prior learning. For the December 2026 session, the exemption application link becomes available from 1 December 2026. Read the exemption regulations first, since eligibility depends on your existing qualifications and passed subjects.
When and how are the examinations held?
Professional examinations are conducted in sessions, with online examinations scheduled according to a published timetable. Check the online examination schedule and examination timetable pages for the current session dates and application deadlines. The Institute also publishes a help manual for new and already registered candidates, which is worth reading before your first booking.
How should I sequence my study across subjects?
Most candidates take foundational papers such as IC-01 Principles of Insurance and IC-02 Practice of Life Insurance before specialist papers. Build your order from the Licentiate, Associateship and Fellowship requirements rather than from subject codes alone, and confirm which papers your chosen stage requires.
What are the most common reasons candidates fail?
The usual causes are studying from superseded material, skipping the regulations and practice-oriented portions in favour of definitions, and misreading the examination timetable or application deadlines. Given the 2026 material revisions, using an old guide is a real risk. Work through the official study material and any model question bank available for your subject.
Where do I get official study material?
The Institute sells hard copy, e-book and audio book study material through its study material purchase pages, with a price list and dispatch status tracker. Addendum pages list corrections to individual subjects, so check the addendum for your subject after purchase. Remember the 5% GST on e-books from 20 March 2026.
Who do I contact about a specific subject query?
The Institute publishes contact details and separate FAQ pages for professional examinations and study courses, plus help manuals for examination registration. Use those before emailing, since most registration and material-dispatch questions are already answered there. This page is independent and cannot resolve account or payment issues.