Attempt the IC 11 Practice of General Insurance Exam Mock Test designed for Insurance Institute of India (III) Licentiate certification aspirants. This free online test delivers 100 MCQs matching the actual exam pattern with instant results and detailed solutions. No registration, no login, just pure exam practice that strengthens your underwriting, claims, motor insurance, and policy documentation knowledge.
The IC 11 exam tests your mastery of general insurance operations. Most candidates fail because they skip mock tests or practice with outdated question banks. This mock test solves that problem by providing Insurance Institute of India (III) aligned questions covering fire insurance, marine cargo, liability policies, and rating mechanisms. You get immediate performance feedback plus solution PDFs you can download without creating any account.
What Makes This IC 11 Practice of General Insurance Exam Mock Test Different
Stop wasting time on generic insurance tests that don’t match the III Licentiate exam pattern. This IC 11 mock test mirrors the actual exam structure with 100 questions, 120-minute duration, and 60% passing criteria. Each question comes from the official syllabus chapters such as underwriting principles, claims settlement, insurance reserves, and accounting practices.
The test engine tracks your weak areas automatically. After submission, you receive a detailed performance report highlighting which topics need more attention. Whether it’s burglary insurance rating or marine insurance policy conditions, you’ll know exactly where to focus your revision efforts.
| Exam Component | Details |
|---|---|
| Total Questions | 100 MCQs |
| Time Duration | 120 Minutes |
| Passing Marks | 60% (60 out of 100) |
| Negative Marking | No negative marking |
| Question Type | Multiple choice and multiple response |
| Language | English |
| Certification Validity | 5 years |
IC 11 Syllabus Coverage in Mock Test
This IC 11 Practice of General Insurance Exam Mock Test covers all nine chapters mandated by the Insurance Institute of India. The question distribution matches the actual exam weightage, so you practice exactly what appears in your certification test.
Chapter 1: Introduction to General Insurance
Questions test your understanding of risk types, insurance principles like utmost good faith, insurable interest, and indemnity. You’ll face scenarios about proximate cause, subrogation rights, and contribution principles that frequently confuse test-takers. The mock test includes real-world examples of moral hazard versus morale hazard that mirror actual exam questions.
Chapter 2: Policy Documents and Forms
Expect MCQs on proposal forms, policy issuance procedures, endorsements, and renewal processes. The test challenges your knowledge of various certificates like cover notes, premium receipts, and policy schedules. You’ll answer questions about documentation requirements for different insurance products, policy wordings interpretation, and form filling accuracy.
Chapter 3: Fire and Marine Insurance Products
Fire insurance questions cover standard fire policy, special perils, consequential loss policies like business interruption, and machinery breakdown insurance. Marine insurance MCQs test hull insurance, cargo insurance, Institute Cargo Clauses (A, B, C), and marine losses. The mock test includes calculation-based questions on average clauses and franchise in marine insurance.
Chapter 4: Motor, Liability, and Personal Accident Insurance
Motor insurance questions focus on third-party liability, comprehensive coverage, own damage claims, and Motor Vehicle Act provisions. Liability insurance MCQs cover public liability, product liability, employer’s liability, and professional indemnity. Personal accident insurance questions test coverage terms, exclusions, and claim settlement procedures.
Chapter 5: Engineering and Other Specialty Insurance
This section includes questions on engineering insurance types like contractor’s all risk (CAR), erection all risk (EAR), and machinery breakdown policies. You’ll face MCQs on burglary insurance, fidelity guarantee insurance, credit insurance, and travel insurance products. The mock test covers policy conditions, claim triggers, and coverage limitations for specialty products.
Chapter 6: Underwriting Principles
Underwriting questions assess your ability to evaluate risks, calculate exposure, determine insurability, and apply rating factors. You’ll answer scenarios about risk selection criteria, underwriting guidelines for different products, and reinsurance treaty arrangements. The test includes questions on quota share, surplus, and excess of loss reinsurance mechanisms.
Chapter 7: Rating and Premium Calculation
Premium calculation MCQs test your knowledge of tariff rates, loading factors, risk-based pricing, and discount application. You’ll solve numerical problems involving burning cost calculation, loss ratio analysis, and premium adjustment for mid-term modifications. The mock test includes questions on IRDAI pricing guidelines and market-based rating approaches.
Chapter 8: Claims Management
Claims questions cover intimation requirements, survey procedures, loss assessment, and settlement processes. You’ll answer MCQs about claim repudiation grounds, ex-gratia payments, and dispute resolution mechanisms. The test includes scenarios on salvage handling, contribution from other insurers, and claim documentation requirements for various products.
Chapter 9: Insurance Reserves and Accounting
Accounting questions test outstanding claims reserve, IBNR (Incurred But Not Reported) reserves, unexpired risk reserve, and premium deficiency reserve calculations. You’ll face MCQs on revenue recognition, expense allocation, and financial statement preparation as per IRDAI regulations. The mock test covers reinsurance accounting, claim settlement reserves, and regulatory compliance requirements.
| Chapter Name | Key Topics | Approximate Question Count |
|---|---|---|
| Introduction to General Insurance | Risk types, insurance principles, insurable interest | 10-12 questions |
| Policy Documents | Proposal forms, endorsements, policy wordings | 8-10 questions |
| Fire & Marine Products | Fire policies, cargo insurance, hull insurance | 12-15 questions |
| Motor, Liability, PA | Third-party coverage, comprehensive policies, PA benefits | 15-18 questions |
| Engineering & Specialty | CAR, EAR, burglary, credit insurance | 10-12 questions |
| Underwriting | Risk evaluation, selection criteria, reinsurance | 10-12 questions |
| Rating & Premiums | Premium calculation, tariff rates, risk pricing | 10-12 questions |
| Claims | Settlement process, survey, loss assessment | 12-15 questions |
| Reserves & Accounting | IBNR, outstanding claims, financial statements | 8-10 questions |
How to Use This IC 11 Practice of General Insurance Exam Mock Test
Click the test button to start your 120-minute timed exam simulation. The interface mimics the actual III online examination portal, so you get comfortable with the navigation, question format, and timer display before your real exam day.
Answer all 100 questions within the time limit. The system auto-submits your test when time expires, just like the actual exam. After submission, your score appears instantly along with correct answers and detailed explanations for every question. Download the solution PDF for offline revision and error analysis.
Scoring Interpretation Guide
- 80-100 marks: You’re exam-ready. Focus on speed improvement and review flagged questions.
- 60-79 marks: Near the passing threshold. Strengthen weak chapters identified in the report.
- 40-59 marks: Significant gaps exist. Revisit study material for low-scoring chapters before attempting more mocks.
- Below 40 marks: Foundation building needed. Complete syllabus study first, then return to mock tests.
Pro Strategy: Take this mock test before starting chapter-wise preparation to identify your baseline. Retake after completing each chapter to measure improvement. Aim for 3-5 full mock attempts before your actual exam date, maintaining at least 3 days gap between attempts for effective revision.
Why IC 11 Certification Matters for Insurance Professionals
The IC 11 Practice of General Insurance certification from Insurance Institute of India is mandatory for obtaining your Licentiate qualification. This exam validates your competence in handling general insurance operations, from policy issuance to claim settlement. Without this certification, you cannot legally practice as a licensed general insurance agent or broker in India.
IRDAI (Insurance Regulatory and Development Authority of India) requires all insurance intermediaries to clear IC 11 along with IC 01 (Principles of Insurance) to accumulate 60 credit points for Licentiate qualification. The exam ensures you understand product features, regulatory compliance, customer protection norms, and ethical selling practices before you start advising clients on insurance purchases.
Career Paths Unlocked by IC 11 Certification
- General insurance agent for companies like ICICI Lombard, HDFC ERGO, and Bajaj Allianz
- Insurance broker working with multi-company portfolios
- Corporate agent selling insurance products through banking channels
- Underwriter assistant in insurance companies
- Claims surveyor and loss assessor
- Insurance advisor for corporate risk management
- Point of sale person (POSP) for general insurance distribution
Common Mistakes That Kill IC 11 Exam Scores
Most candidates lose marks because they memorize definitions without understanding application. The IC 11 exam tests scenario-based decision making, not rote learning. When you face a question about which policy covers a specific loss, you must analyze the situation using insurance principles, not just recall policy names.
Mistake 1: Ignoring Numerical Calculations
Premium calculation, average clause application, and reserve computation questions carry significant marks. Many test-takers skip numerical practice assuming these are minor topics. The mock test exposes this weakness by including 15-20 calculation-based MCQs that match actual exam difficulty. Practice these questions repeatedly until calculations become automatic.
Mistake 2: Confusing Similar Terms
Candidates mix up concepts like contribution versus subrogation, franchise versus deductible, or proximate cause versus remote cause. The IC 11 Practice of General Insurance Exam Mock Test includes trap answers that exploit these confusions. When you review incorrect answers, you’ll notice how subtle word differences change meanings completely.
Mistake 3: Neglecting IRDAI Regulations
Recent regulatory updates from IRDAI appear in exam questions. If you study only from old textbooks without checking current insurance regulations, you’ll answer based on outdated rules. This mock test incorporates latest IRDAI guidelines on motor insurance pricing, health insurance portability, and claim settlement timelines.
Mistake 4: Poor Time Management
Spending 5 minutes on difficult questions leaves insufficient time for easy ones. The timed mock test trains you to skip tough questions initially and return to them after securing marks from straightforward MCQs. Practice this strategy across multiple mock attempts to develop exam rhythm.
Mistake 5: Skipping Mock Tests Completely
Reading the entire syllabus without testing yourself creates false confidence. You think you know the material until exam questions reveal knowledge gaps. This free mock test identifies what you actually understand versus what you merely recognized while reading. Take it seriously as your reality check before the real exam.
Exam Day Preparation Checklist
After completing this IC 11 Practice of General Insurance Exam Mock Test multiple times and scoring above 70 consistently, follow this checklist for your actual exam:
- Verify exam center location and test date from your III admit card
- Carry original photo identity proof matching your registration details
- Reach the test center 30 minutes before reporting time
- Bring a printed copy of your admit card with photograph affixed
- Leave mobile phones, calculators, books, and notes outside the exam hall
- Use only the mouse for navigation as keyboard input is disabled
- Read instructions carefully before starting the timer
- Flag difficult questions for review using the marking option
- Attempt all questions since there’s no negative marking
- Review flagged questions if time permits before final submission
Registration Details: The III charges Rs 250 as registration fee and Rs 300 as examination fee for IC 11. Book your exam date through the Insurance Institute of India official portal after creating your IRDAI account. The exam operates on a scheduled basis, not on-demand, so plan your preparation timeline according to available test dates.
Study Material Recommendations for IC 11
The Insurance Institute of India publishes the official IC 11 textbook covering all exam topics. This workbook contains chapter summaries, examples, and practice questions aligned with the examination pattern. Download the PDF from the III website or purchase the printed version for detailed study.
Supplement the official material with this IC 11 Practice of General Insurance Exam Mock Test for question practice. The combination of conceptual study from the textbook and application practice through mock tests creates the most effective preparation strategy. Avoid depending solely on YouTube videos or coaching class notes without referring to the official curriculum.
Chapter-Wise Study Timeline
| Week | Chapters to Cover | Study Hours Required |
|---|---|---|
| Week 1 | Introduction to General Insurance + Policy Documents | 12-15 hours |
| Week 2 | Fire & Marine Insurance Products | 15-18 hours |
| Week 3 | Motor, Liability, Personal Accident Insurance | 15-18 hours |
| Week 4 | Engineering & Other Specialty Insurance | 12-15 hours |
| Week 5 | Underwriting + Rating & Premiums | 15-18 hours |
| Week 6 | Claims + Reserves & Accounting | 15-18 hours |
| Week 7-8 | Revision + Mock Tests + Weak Area Practice | 20-25 hours |
Passing Strategy Based on Successful Candidates
Candidates who clear IC 11 in first attempt follow a pattern: they complete syllabus study within 6 weeks, dedicate the last 2 weeks to mock tests and revision, and appear for the exam when consistently scoring above 75 in practice tests. They don’t rush into the exam after just reading the book once.
The 60% passing criteria means you can afford to leave 40 questions if you’re certain about 60 correct answers. However, since there’s no negative marking, attempt every question by eliminating obviously wrong options even when unsure. This strategy alone can push your score from 55 to 65, converting failure to success.
Last Week Revision Tactics
- Solve this IC 11 Practice of General Insurance Exam Mock Test daily for time management practice
- Create formula sheets for premium calculations, reserve computations, and average clause applications
- Review IRDAI circulars on motor insurance, health insurance, and claim settlement timelines
- Memorize key policy exclusions for fire, marine, motor, and liability insurance
- Practice writing definitions of 20 most commonly tested terms like proximate cause, subrogation, and contribution
- Revise regulatory requirements for insurance contract formation and policy issuance
Understanding Credit Points System
IC 11 carries 20 credit points toward your Licentiate qualification. You need 60 total credit points, which requires clearing IC 01 (20 points), IC 11 (20 points), and one elective paper like IC 14 (20 points). The Licentiate status enables you to practice as a licensed insurance professional and pursue higher qualifications like Associateship and Fellowship.
After passing IC 11, your certification remains valid for 5 years. Renewal costs Rs 250 and extends validity for another 5 years without requiring exam re-attempts. Plan your career progression timeline considering this validity period and renewal requirements.
Frequently Asked Questions About IC 11 Practice of General Insurance Exam Mock Test
Yes, attempt this test as many times as needed without restrictions. Each attempt helps identify different weak areas and improves your speed. The question bank is large enough to provide varied questions across attempts, so you won’t see the same set repeatedly.
The questions follow the same format, difficulty level, and syllabus distribution as the Insurance Institute of India IC 11 exam. Question types include MCQs and multiple response questions exactly matching the actual test pattern. However, exact questions won’t appear in your real exam since III maintains confidentiality.
The test runs for 120 minutes (2 hours), identical to the actual exam duration. You can pause and resume if needed, though timed practice without breaks better simulates real exam conditions. Plan your attempt when you have uninterrupted time to complete all 100 questions.
No negative marking exists in IC 11 exam or this mock test. Attempt every question even if unsure, since wrong answers don’t deduct marks. Use elimination technique to increase your chances when guessing between remaining options after removing obviously incorrect choices.
Fire and marine insurance products (Chapter 3), motor and liability insurance (Chapter 4), and claims management (Chapter 8) together contribute 35-40% of total questions. Underwriting, rating, and accounting chapters contribute another 30-35%. Plan your preparation time allocation based on these weightages.
Post-Exam Steps After Passing IC 11
Your IC 11 result appears immediately after completing the computer-based test. The system displays your score and pass/fail status on screen before you leave the exam center. III also sends official result notification to your registered email within 3-5 working days along with your digital certificate.
Download your IC 11 certificate from the Insurance Institute of India portal using your login credentials. This certificate combines with IC 01 and your chosen elective to complete Licentiate qualification requirements. Submit these certificates to IRDAI or your insurance company for license processing and professional designation updates.
Next Steps in Insurance Career Progression
- Apply for general insurance agent license through insurance company sponsorship
- Register as POSP (Point of Sale Person) for multi-company insurance distribution
- Pursue Associateship by clearing additional papers like IC 21, IC 22, or IC 23
- Enroll for specialized certifications in underwriting, claims, or risk management
- Join insurance companies in operations, sales, or customer service roles
- Start insurance broking business after meeting IRDAI capital and infrastructure requirements
Career Tip: The insurance industry faces shortage of qualified professionals who understand both technical product knowledge and customer needs. Your IC 11 certification demonstrates you possess this rare combination, making you valuable for insurance companies, broking firms, and corporate risk management teams.
Access Your Free IC 11 Practice of General Insurance Exam Mock Test
Stop reading about the exam and start testing your actual knowledge. This IC 11 Practice of General Insurance Exam Mock Test identifies your current preparation level within 120 minutes. The instant feedback tells you whether you’re exam-ready or need more study time before booking your III test date.
Thousands of insurance professionals cleared their IC 11 certification using systematic mock test practice. The difference between passing at 60% and scoring 80+ lies in how many practice questions you solved before the actual exam. This free test gives you that practice without any registration barriers or payment requirements.
Start your mock test attempt now. The questions wait for no one, and your exam date approaches faster than you think. Click below to begin the most realistic IC 11 Practice of General Insurance Exam Mock Test available online.
Additional Resources for IC 11 Preparation
Beyond this mock test, strengthen your preparation by accessing free study materials and exam updates on Sarkari Exam. The platform provides notifications about III exam dates, syllabus changes, and result announcements without subscription fees or registration requirements.
Smart Preparation Combines Multiple Resources
- Official III textbook for conceptual understanding and theory coverage
- This IC 11 Practice of General Insurance Exam Mock Test for question practice and time management
- IRDAI website for reading current insurance regulations and circulars
- Insurance company product brochures for understanding real policy wordings and conditions
- Study groups with fellow IC 11 aspirants for doubt clarification and motivation
Your IC 11 certification opens doors that remain closed to non-licensed individuals in the insurance sector. Companies prefer hiring certified professionals because they understand regulatory compliance, product features, and customer protection norms. The exam isn’t just a qualification hurdle but proof of your professional competence in general insurance operations.
Success Mantra: Treat this mock test as your actual exam. Set a 120-minute timer, eliminate all distractions, and answer questions without referring to study materials. This discipline converts practice sessions into performance improvement that reflects in your real IC 11 exam score.
Why Most Candidates Need 3 Attempts to Pass IC 11
The Insurance Institute of India reports that average pass percentage for IC 11 hovers around 45-50%, meaning half the test-takers fail on first attempt. This happens because candidates underestimate the exam difficulty and appear without adequate mock test practice. They study the textbook once, memorize definitions, and assume that’s sufficient preparation.
The IC 11 exam tests application knowledge through scenarios, not just definition recall. A question might describe a fire loss situation and ask which policy clause applies. You need to analyze the scenario, identify the relevant principle, and select the correct answer from four similar-looking options. This skill develops through repeated practice, not textbook reading.
Breaking the Multiple Attempt Cycle
Complete this IC 11 Practice of General Insurance Exam Mock Test at least 5 times before your actual exam. Each attempt reveals different weaknesses because the question bank rotates questions from various topics. Track your scores across attempts. If you’re not showing upward improvement, you’re making the same mistakes repeatedly without learning from them.
Review every incorrect answer immediately after test submission. Read the explanation, understand why your chosen option was wrong, and note the correct concept. Create a mistake diary listing question types that repeatedly trip you up. Focus your final week revision on these high-error areas rather than reviewing topics you already understand well.
Time Management Techniques for 120 Minutes
The IC 11 exam gives you 120 minutes for 100 questions, averaging 1.2 minutes per question. However, some questions require calculations taking 2-3 minutes while others need just 30 seconds. Your strategy should allocate time based on question type, not equal distribution.
Optimal Time Allocation Strategy
| Question Type | Time Per Question | Approach |
|---|---|---|
| Definition-based MCQs | 30-45 seconds | Answer immediately if you know, skip if unsure |
| Scenario-based questions | 60-90 seconds | Read scenario once, identify key facts, eliminate wrong options |
| Calculation questions | 120-180 seconds | Write down given values, apply formula, verify calculation |
| Regulatory/IRDAI questions | 45-60 seconds | Recall specific regulation or guideline, cross-check years/percentages |
| Multiple response questions | 90-120 seconds | Evaluate each option independently, mark all correct choices |
During the mock test, flag difficult questions and move ahead rather than spending 5 minutes stuck on one question. Complete easy questions first to secure those marks. Return to flagged questions with remaining time. If you have 10 minutes left with 8 flagged questions, spend maximum 1 minute each and make educated guesses for remaining questions rather than leaving them blank.
Key Formulas You Must Memorize
Several IC 11 questions require formula application for premium calculation, average clause, and reserve computation. Memorize these formulas before attempting the mock test so you can solve numerical questions quickly during timed practice.
Premium Calculation Formulas
- Basic Premium: Sum Insured × Rate per thousand / 1000
- Short Period Premium: Annual Premium × Short Period Scale Percentage
- Pro-rata Premium: Annual Premium × (Number of days covered / 365)
- Return Premium: Annual Premium – Premium for period of coverage
Average Clause Application
- Average Clause Formula: Claim Amount × (Sum Insured / Actual Value of Property)
- Example: Property worth Rs 10 lakh insured for Rs 8 lakh suffers Rs 5 lakh loss. Claim paid = 5,00,000 × (8,00,000 / 10,00,000) = Rs 4,00,000
Marine Insurance Calculations
- CIF Value: Cost + Insurance + Freight
- Policy Value: CIF Value + Percentage margin (usually 10%)
- Particular Average: Applies when damage exceeds franchise percentage
Reserve Calculations
- Unexpired Risk Reserve: 50% of Net Premium for fire insurance, 100% for marine cargo
- Outstanding Claims Reserve: Estimated liability for reported claims pending settlement
- IBNR Reserve: Based on past claims experience using actuarial methods
Practice applying these formulas in the IC 11 Practice of General Insurance Exam Mock Test. The numerical questions provide values and expect you to select the correct calculated answer from four options. Calculator access isn’t allowed in actual exam, so practice mental math and approximation techniques for faster calculations.
Difference Between IC 11 and Other Insurance Institute Papers
IC 01 covers insurance fundamentals applicable across life and general insurance. IC 11 specifically focuses on general insurance products, operations, underwriting, and claims. The syllabus depth increases significantly from IC 01 to IC 11, requiring more detailed product knowledge and practical application understanding.
After IC 11, you can choose elective papers like IC 14 (Regulation of Insurance Business), IC 23 (Application of Life Insurance), or IC 72 (Claims Management). Each carries 20 credit points. IC 11 serves as foundation for advanced papers, so master these concepts thoroughly before moving to specialized certifications.
Credit Point Requirements for Insurance Qualifications
| Qualification | Required Credit Points | Mandatory Papers | Career Benefit |
|---|---|---|---|
| Licentiate | 60 points | IC 01, IC 11, One elective | Licensed insurance agent/broker |
| Associateship | 180 points | Licentiate + 6 additional papers | Senior positions, underwriting roles |
| Fellowship | 300 points | Associateship + 6 more papers | Top management, specialized roles |
Final Tips Before Starting Your Mock Test
Keep these points in mind while attempting the IC 11 Practice of General Insurance Exam Mock Test:
- Read questions carefully. Many wrong answers result from misreading question statements.
- Watch for absolute words like “always,” “never,” “only” in options. These are usually incorrect.
- Eliminate obviously wrong answers first. Choose from remaining options if unsure.
- Trust your first instinct. Changing answers often leads to mistakes unless you’re certain.
- Budget 90 minutes for first attempt, 30 minutes for review and flagged questions.
- Don’t panic if questions seem difficult. The exam tests relative performance, not absolute scores.
- Mark questions for review where you’re doubtful about your selected answer.
- Submit only after attempting all 100 questions. Blank answers guarantee zero marks.
The path to IC 11 certification starts with honest assessment of your current knowledge level. This mock test provides that assessment without any cost or commitment. Whether you score 40 or 80, you’ll know exactly where you stand and what needs improvement. That awareness converts average preparation into exam-passing performance.
Insurance professionals who invested time in mock test practice consistently outperform those who relied solely on reading. The difference appears not just in pass/fail outcome but in confidence levels, exam completion speed, and post-exam career opportunities. Companies value candidates who score 75+ because it demonstrates thorough understanding beyond minimum passing requirements.
Your IC 11 preparation journey reaches its testing phase now. Click the button below to attempt the most realistic, comprehensive, and feedback-rich IC 11 Practice of General Insurance Exam Mock Test available online. Your future insurance career awaits on the other side of this certification.
Visit Sarkari Exam for more insurance exam preparation resources, notification updates, and result tracking support. The platform serves thousands of insurance certification aspirants with free study materials and exam guidance without registration barriers.
The exam tests what you know. The mock test reveals what you don’t know. Start testing today.
