III IC-84

The Insurance Institute of India administers its professional examinations, including subject papers such as IC-84, through its official website. Registration, exemption applications and slot booking are handled there under the Examinations and Professional Examinations sections. This page is independent study material and is not affiliated with the Institute; always confirm details on the official site.

The Institute publishes results by session, listing Session 1 and Session 2 for each year back to 2018. That pattern indicates two examination sessions annually. Exact dates for your subject appear in the online examination timetable published on the Institute's site, so check the timetable for the session you intend to sit.

Current professional examinations are conducted online. The Institute publishes an online examination schedule and separate help manuals for fresh candidates and already registered candidates, covering registration, photo and signature upload, and related steps. Read the help manual for your candidate category before the registration window closes.

The paper is organised around five areas: principles and practice of insurance; insurance business regulation and compliance; underwriting and risk assessment; claims management and loss assessment; and insurance distribution, marketing and customer service. Expect questions that test applied judgement across the insurance value chain rather than isolated definitions, so study each area with worked examples.

The Institute has announced new and revised study course materials from September 2026 for online examinations, and revised materials introduced from the June 2026 online examination. If your session falls after either change, use the revised edition. Study material is sold in hard copy, e-book and audio formats, and 5% GST applies to e-books from 20 March 2026.

The Institute has published a revision of Professional Examination Fees with effect from 1 April 2026. Fee amounts are set out in the Institute's fee structure pages and are not reproduced here because they change. Check the current fee structure and the fee revision notice on the official site before paying, and note that e-books attract 5% GST from 20 March 2026.

The Institute operates an exemption route for professional examinations, with a dedicated exemption link and a published fee structure. Exemption windows are session-specific; for the December 2026 session the exemption application link opens on 1 December 2026. Check the regulations for the subjects and qualifications eligible before relying on an exemption.

Slot booking is a separate step from applying. For the December 2026 online examination, the slot booking window runs from 5 November 2026 to 11 November 2026. Missing the window means you cannot choose your slot for that session, so diarise it as soon as your application is confirmed.

Two avoidable causes dominate: studying from an outdated edition of the study material, and preparing only definitions without practising application to underwriting, claims and compliance scenarios. A third is administrative - missing the slot booking or exemption window. Build a study plan around the current syllabus, practise scenario questions, and track the Institute's notices.

Start with principles and practice of insurance, because the vocabulary underpins everything else. Then take regulation and compliance, which frames what underwriters and claims handlers may do. Move to underwriting and risk assessment, follow with claims management and loss assessment, and finish with distribution, marketing and customer service, which draws on all four earlier areas.