IRDAI Surveyor LOP study guide
IRDAI Surveyor LOP · Work through your exam, one topic at a time.
The Insurance Institute of India (III) Surveyor Pre-Licensing Examination is the entry gate for anyone who wants to work as an insurance surveyor and loss assessor in India. IRDAI's Surveyors Department records that the Authority framed the IRDAI Insurance Surveyors and Loss Assessors Regulations, 2015 under sections 42D, 64 UM and 114A of the Insurance Act, 1938, as amended by the Insurance Laws (Amendment) Act, 2015, and section 26 of the IRDAI Act, 1999. Those regulations sit behind the licensing route this examination serves. IRDAI maintains separate registers of Corporate Surveyors, Director Partner Surveyors and Individual Surveyors, and publishes 'Requirements for Registering as a Surveyor' under its How To section, so candidates should read the registration requirements for the category they intend to join before booking a session. The IRDAI Surveyor LOP study guide has 4 sections and about 1,518 words.
01Insurance Surveyors and Loss Assessors Regulations, 2015 and regulatory framework for surveyors
This domain tests the statutory plumbing around the surveyor's licence: who may act, what a licence authorises, how appointment works, and what the 2015 Regulations require before, during and after a claim. Expect questions that combine section 64UM of the Insurance Act, 1938 with the IRDAI (Insurance Surveyors and Loss Assessors) Regulations, 2015.
466 words, about 2 min02General insurance principles, products and policy conditions
Insurable interest: a financial relationship recognised by law. In property insurance it must exist at the time of loss.
382 words, about 2 min03Loss assessment, claim investigation and survey report writing
Confirm the policy was in force on the date of loss, premium was paid, and the risk matches the description in the schedule. Establish date, time and place; inspect the site; photograph and measure; take statements; collect the FIR or police report, invoices, stock records, repair estimates and medical records where relevant.
321 words, about 2 min04Professional conduct, ethics and policyholders' protection
Independence and impartiality are the core duties. A surveyor must not act for both insurer and insured, and must disclose any conflict.
349 words, about 2 min