IC14 Regulation of Insurance Business Licentiate Mock Test

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Description: Ace your IC 14 Regulation of Insurance Business III Licentiate Exam with our meticulously designed mock test series. With over 600+ practice questions distributed across 6 comprehensive mock tests, this course aligns perfectly with the learning outcomes and test objectives outlined by the Insurance Institute of India. Dive deep into essential topics such as IRDAI functions, policyholder rights, solvency margins, and international insurance regulations. Prepare confidently and boost your chances of success in the final exam!Chapters Covered:Chapter 1: Development of Insurance Legislation & Insurance Act 1938Understand the evolution of insurance in India, including key legislation like the Insurance Act of 1938 and the General Insurance Business (Nationalization) Act of 1972 (GIBNA).Chapter 2: IRDAI Functions & Insurance CouncilLearn about the IRDAI's duties, powers, and regulatory functions, along with the roles of the General and Life Insurance Councils in governing insurance business in India.Chapter 3: IRDAI & Its Licensing FunctionsMaster the licensing functions of IRDAI, including regulations for intermediaries, reinsurance, web aggregators, marketing firms, and TPAs, along with the code of conduct and categorization of surveyors.Chapter 4: Regulation on Conduct of Business 1Delve into AML and CFT guidelines, the regulation of Unit Linked Insurance Policies (ULIPs), KYC norms, and the microinsurance framework, including insurer obligations and rural/social sector commitments.Chapter 5: Regulation on Conduct of Business 2Understand health insurance regulations, including portability, underwriting standards, and provisions for combi-products, along with the scope of health insurance business in India.Chapter 6: Policy Holders Rights of Assignment, Nomination, & Transfer<b
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Price: 19.99
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