IRDAI Surveyor Fire (S-02) study plan

Define the seven insurable interest tests and apply each to three short fire scenarios you write yourself

Distinguish indemnity, reinstatement value, and agreed value bases and compute a claim settlement under each for one worked example

Explain proximate cause and list five intervening-cause scenarios where fire damage would or would not be payable

Map the standard fire policy structure (recitals, operative clause, exclusions, conditions, schedule) from memory on a one-page diagram

Identify and explain the standard fire perils (fire, lightning, explosion of gas used for domestic purposes, aircraft damage, riot/strike/malicious damage, storm/flood/inundation, subsidence/landslide, missile testing) and state what each excludes

Compare the three standard add-on covers (spontaneous combustion, deterioration of stock, architects/engineers/surveyors fees) and note their sub-limits

Differentiate average clause, under-insurance, and excess clauses with two worked calculations each

Explain the operation of the reinstatement and replacement condition including the 12-month reinstatement window

Analyse the standard exclusions clause-by-clause and justify each exclusion in insurance-principle terms

Explain the operation of the declaration (floater) policy and the difference between declaration and adjustment policies

Draft the claim-notification and condition-precedent obligations of the insured with the consequences of breach

Apply the salvage, subrogation, and contribution conditions to a multi-policy scenario

Explain the role of the surveyor at each stage: pre-risk inspection, loss survey, and post-loss advisory

List the documents a surveyor must collect for a fire claim (FIR, fire brigade report, claim form, stock statements, books of account, invoices, photographs, meteorological report)

Describe the surveyor's method for verifying sum insured and detecting under-insurance using stock statements and turnover

Outline how to prepare a preliminary report versus a final report and what goes in each

Compute loss assessment for building, plant and machinery, and stock using the surveyor's standard approach (gross loss, salvage, depreciation, average clause, excess)

Apply depreciation methods (straight-line, reducing balance) and justify the choice for a given asset

Explain how to assess loss of profit/consequential loss and the difference from material damage claims

Identify red flags of fraudulent fire claims and describe the evidence a surveyor should gather

Describe the statutory framework: Insurance Act 1938, IRDA Act 1999, and the IRDAI (Insurance Surveyors and Loss Assessors) Regulations, 2015

Explain licensing categories, eligibility, renewal, and the fee/remuneration provisions under the 2015 Regulations

Summarise the code of conduct duties (independence, confidentiality, conflict of interest, no contingent fees, timely reporting)

Explain the surveyor's obligations regarding appointment, reporting timelines, and record-keeping

Analyse the disciplinary provisions, penalties, and cancellation/suspension grounds under the 2015 Regulations

Explain the surveyor's duty to disclose conflicts, the prohibition on accepting work from an insured, and the rules on deputising

Compare the surveyor's role with the loss adjuster's and the insurer's own engineer's role

Answer five ethical dilemma scenarios using the code of conduct

Revise all four domains using your own summary sheets and identify your three weakest sub-topics

Complete a timed full-length mock exam under exam conditions and score it against the syllabus weightings

Re-study each weak sub-topic and produce a corrected one-page note for each

Draft a final 24-hour revision sheet of formulas, sub-limits, and regulation numbers