IRDAI Surveyor Marine Hull (S-04) study guide
IRDAI Surveyor Marine Hull (S-04) · Work through your exam, one topic at a time.
The IRDAI S-04 examination is the marine hull paper in India's surveyor and loss assessor licensing framework. Passing it, alongside the relevant licensing formalities administered by IRDAI, allows a qualified professional to act as a surveyor for marine hull and machinery claims - inspecting damaged vessels, investigating causation, quantifying loss and advising insurers on liability under hull policies. The IRDAI Surveyor Marine Hull (S-04) study guide has 9 sections and about 3,059 words.
01Marine Insurance Law
This domain tests the Indian Marine Insurance Act, 1963 and the principles a surveyor applies when a hull or cargo claim turns on cover, causation or breach of duty. Expect questions on insurable interest, utmost good faith, indemnity, proximate cause, warranties, subrogation and abandonment.
381 words, about 2 min02Principles and Regulatory Framework
This domain tests the statutory and regulatory setting for marine insurance and loss assessment in India: the Insurance Act, 1938, the IRDA Act, 1999, IRDAI regulations and the surveyor licensing regime. Questions often test who may assess a claim, the surveyor's duties and the limits on a surveyor's role.
368 words, about 2 min03Hull and Machinery Insurance: Policy Structure, Clauses and Warranties
This domain tests the structure of hull and machinery (H&M) cover: insured value, perils, exclusions, warranties, deductibles, collision liability, sue and labour and total-loss provisions. The exam expects familiarity with common Institute hull wordings and the logic of partial versus total loss.
356 words, about 2 min04Cargo Insurance and Marine Trade Practices
This domain tests cargo cover and the trade practices that determine whether a loss is insured, who bears risk and what documents prove the claim. Expect questions on Institute Cargo Clauses A, B and C, transit, packing, notice, subrogation and Incoterms.
371 words, about 2 min05Ship Construction, Naval Architecture and Seaworthiness
This domain tests basic naval architecture and construction knowledge used to judge damage, repairs and seaworthiness. The exam expects correct use of hull terms, an understanding of watertight integrity, stability, load line and class and statutory surveys.
307 words, about 2 min06Marine Loss Assessment, Damage Survey and Claims Handling
This domain tests how a surveyor investigates a marine loss, separates cause from extent, quantifies the claim and reports it so the insurer can decide liability. Expect questions on preliminary surveys, reservations, repair competition, deductibles, betterment, CTL and documentation.
322 words, about 2 min07General Average, Salvage, Collision Liability and Third-Party Claims
This domain tests general average, salvage, collision liability and third-party claims, where marine insurance interacts with maritime law. Expect questions on York-Antwerp Rules, average bonds, LOF salvage, running-down clauses and apportionment.
334 words, about 2 min08Surveyor Conduct, Ethics, Reporting Standards and Professional Practice
This domain tests the professional and ethical standards expected of an IRDAI-licensed surveyor and loss assessor, and the reporting standards that make a report usable in claims handling. Expect questions on independence, conflicts, confidentiality, evidence and report structure.
317 words, about 2 min09Risk Inspection, Underwriting Information and Loss Prevention
This domain tests the underwriting information a surveyor gathers during a risk inspection and how that information supports loss prevention and rating. Expect questions on vessel particulars, management, class, trading limits, maintenance and recommendations.
303 words, about 2 min