Take IC 11 mock test free on sarkariexam.center and practice 100 MCQ questions on Practice of General Insurance in a 2-hour timed format matching the exact Insurance Institute of India (III) Licentiate exam pattern. No login needed. Get instant scores, chapter-wise accuracy, and detailed explanations right after you submit. Score 60 out of 100 to pass IC 11 with no negative marking penalty.
IC 11 Exam Pattern: III Licentiate Practice of General Insurance
An IC 11 is the Practice of General Insurance paper in the III Licentiate certification conducted by the Insurance Institute of India (III). The exam consists of 100 Multiple Choice Questions (MCQs) to be answered in 2 hours, with a passing score of 60 marks (60%). There is no negative marking for wrong answers, so attempt every question before time ends.
| Exam Detail | Specification |
|---|---|
| Exam Name | IC 11 Practice of General Insurance |
| Conducting Body | Insurance Institute of India (III) |
| Certification | Licentiate in General Insurance |
| Total Questions | 100 MCQs |
| Duration | 2 Hours (120 Minutes) |
| Passing Marks | 60 out of 100 (60%) |
| Negative Marking | None |
| Exam Mode | Online proctored or test-centre based, pan India |
| Regulatory Authority | IRDAI (Insurance Regulatory and Development Authority of India) |
The III Licentiate General Insurance certification requires clearing 3 papers: IC 01 (Principles of Insurance), IC 11 (Practice of General Insurance), and IC 14 (Regulation of Insurance Business). Also IC 01 and IC 14 are common to both life and non-life streams, while IC 11 is specific to general (non-life) insurance candidates.
IC 11 Syllabus: All 9 Chapters Covered in Mock Tests
IC 11 mock tests on sarkariexam.center cover every chapter in the official Insurance Institute of India syllabus. Practice questions from all 9 chapters to reach the 60-mark passing threshold with consistent accuracy.
| Chapter | Topic | Key Subtopics | Expected Weightage |
|---|---|---|---|
| Chapter 1 | Introduction to General Insurance | Nature of risk, insurable interest, indemnity, subrogation, contribution | 8 to 12 questions |
| Chapter 2 | Policy Documents and Forms | Proposal forms, policy structure, endorsements, cover notes, warranties | 8 to 10 questions |
| Chapter 3 | General Insurance Products Part 1: Fire and Marine | Standard fire policy, fire perils, marine cargo, hull insurance, Institute Cargo Clauses | 12 to 15 questions |
| Chapter 4 | General Insurance Products Part 2: Motor, Liability, Personal Accident | Motor comprehensive, third party liability, personal accident policy, public liability | 12 to 15 questions |
| Chapter 5 | General Insurance Products Part 3: Engineering and Others | Machinery breakdown, burglary, engineering all-risk, contractor all-risk | 8 to 10 questions |
| Chapter 6 | Underwriting | Risk assessment, moral hazard, physical hazard, risk selection, reinsurance | 10 to 12 questions |
| Chapter 7 | Ratings and Premiums | Premium calculation, burning cost method, rating factors, deductibles | 8 to 10 questions |
| Chapter 8 | Claims | Claims process, FNOL, surveyor, settlement, salvage, subrogation in claims | 12 to 15 questions |
| Chapter 9 | Insurance Reserves and Accounting | Premium reserves, IBNR, loss reserves, solvency margin, accounts | 6 to 8 questions |
Chapters 3, 4, and 8 together carry the highest question load across most IC 11 exam sets. Practise fire and marine insurance, motor and liability products, and the claims settlement process first to lock in 30 to 40 marks before moving to other chapters.
Start Free IC 11 Mock Test Without Login or Registration
No account, no fee, no form to fill. Click the start button on sarkariexam.center and begin your IC 11 Practice of General Insurance mock test immediately. The timed interface runs for exactly 120 minutes. Questions appear one at a time with a mark-for-review option. Submit at the end to receive your score, chapter-wise accuracy breakdown, and full explanations for every question including the ones you skipped.
Test Types Available for IC 11 Preparation
- Full-length mock test: 100 questions in 120 minutes matching the actual III exam format
- Chapter-wise practice tests: 20 to 30 questions per chapter for focused revision
- Topic-wise tests: targeted on specific topics like fire insurance, motor claims, or underwriting
- Previous pattern tests: question sets based on previously reported III Licentiate exam questions
Chapter-Wise IC 11 Mock Test Practice: What Each Chapter Tests
Each IC 11 chapter tests a distinct area of general insurance practice. Practise chapters separately first, then attempt full-length tests to build 120-minute stamina.
Chapter 1: Introduction to General Insurance
This chapter establishes the foundational concepts that appear across all other chapters. Questions test your understanding of what makes a risk insurable, the principle of utmost good faith (uberrimae fidei), indemnity, subrogation, contribution, and proximate cause. Most IC 11 mock tests carry 8 to 12 questions from this chapter, making it a reliable source of quick marks once concepts are clear.
Key terms tested in Chapter 1 mock questions include:
- Insurable interest: who has a financial stake in the insured subject matter
- Indemnity: restoring the insured to the same financial position as before the loss
- Subrogation: the insurer’s right to stand in the insured’s place after settling a claim
- Contribution: how multiple insurers share a loss when the same risk is doubly insured
- Proximate cause: the dominant, effective cause directly producing a loss
Chapter 2: Policy Documents and Forms
This chapter tests your knowledge of the insurance contract life cycle from proposal to policy issuance. Practice mock questions on the contents of a standard proposal form, what constitutes a material fact, what endorsements do, and the difference between cover notes, covernotes, and full policy documents. Warranties, conditions precedent, and conditions subsequent appear in 2 to 3 questions per test.
Chapter 3: Fire and Marine Insurance
Fire and marine together form one of the highest-weightage topics in IC 11. Fire insurance mock test questions focus on the Standard Fire and Special Perils Policy, covered and excluded perils, business interruption (consequential loss) insurance, and reinstatement value policies.
Marine insurance mock questions cover:
- Marine Cargo insurance: types of policies like open cover, specific voyage, and open policy
- Institute Cargo Clauses: ICC A (all risks), ICC B, and ICC C (named perils) and their differences
- Marine Hull insurance: what vessel risks are covered under a hull policy
- Bottomry and respondentia: historical marine finance instruments that appear occasionally
- Perils of the sea versus perils on the sea: how this distinction affects coverage
Chapter 4: Motor, Liability, and Personal Accident Insurance
Motor insurance questions are the most frequently tested in Chapter 4 mock tests. Know the difference between a comprehensive motor policy and a third-party liability only policy, what Own Damage (OD) covers, how Insured Declared Value (IDV) is calculated, and the Motor Vehicles Act requirements.
Liability insurance topics tested include:
- Public Liability Insurance: coverage under the Public Liability Insurance Act, 1991
- Product Liability: claims arising from defective goods causing third-party injury
- Employer’s Liability: coverage for employee injury claims under the Workmen’s Compensation Act
- Professional Indemnity: errors and omissions coverage for professionals
Personal Accident (PA) policy questions test the definitions of death, permanent total disablement (PTD), permanent partial disablement (PPD), and temporary total disablement (TTD), along with their benefit structures.
Chapter 5: Engineering and Other Insurance Products
Engineering insurance mock questions appear less frequently but reward specific knowledge. Machinery Breakdown (MB) policy, Electronic Equipment Insurance (EEI), Contractor’s All Risk (CAR), and Erection All Risk (EAR) policies form the core of Chapter 5 questions. Burglary insurance covers forcible entry and exit, distinguishing it from theft-only coverage.
Chapter 6: Underwriting in General Insurance
Underwriting questions test your ability to apply risk assessment principles to real scenarios. Distinguish between moral hazard (the insured’s attitude affecting risk) and physical hazard (the tangible characteristics of the risk itself). Reinsurance types, including proportional (quota share and surplus) and non-proportional (excess of loss and stop loss), appear in 3 to 5 questions per full-length IC 11 mock test.
High-probability underwriting topics in IC 11 mock tests include:
- Risk inspection and survey processes before policy issuance
- Adverse selection and how underwriters address it
- Coinsurance: splitting risk between multiple insurers on a single policy
- Facultative versus treaty reinsurance arrangements
Chapter 7: Ratings and Premium Calculation
Premium calculation questions in IC 11 mock tests are straightforward if you practice the burning cost method and understand rating factors. The burning cost formula calculates the pure premium needed to cover past claims, then adds loadings for expenses, profit, and contingencies.
Practice these calculation types in Chapter 7 mock tests:
- Burning cost calculation: total claims incurred divided by total sum insured
- Effect of deductibles on premium: how higher deductibles reduce the net premium
- Experience rating: adjusting premiums based on a client’s own claims history
- No-Claim Bonus (NCB): percentage discount applied to motor policy renewals
Chapter 8: Claims Settlement Process
Claims is the highest-stakes chapter in IC 11 because it directly reflects how general insurance works in practice. Practice the First Notice of Loss (FNOL) process, the role of a licensed surveyor and loss assessor, types of claim settlements (cash, repair, replacement, reinstatement), and the documents required to lodge a claim.
Key claims topics in IC 11 mock test questions include:
- Subrogation in claims: when and how the insurer recovers from a third party after settling
- Salvage: the value of damaged property that the insurer retains after paying a total loss
- Abandonment: the insured’s option to transfer full ownership of damaged property to the insurer
- Ex-gratia payments: payments made as goodwill without admitting legal liability
- Consumer Protection Act and insurance disputes: when a policyholder can escalate to IRDAI or consumer courts
Chapter 9: Insurance Reserves and Accounting
Chapter 9 tests your understanding of how insurers manage their financial obligations. The 3 main reserve types tested are Premium Reserves (unearned premium), Loss Reserves (outstanding claims), and IBNR Reserves (Incurred But Not Reported claims). Questions also test the solvency margin requirement that IRDAI mandates for all general insurers in India.
How to Clear IC 11 Exam in One Attempt with Mock Test Practice
Clearing IC 11 in the first attempt requires scoring 60 out of 100 with no negative marking penalty. With zero negative marking, attempt every question before the 120-minute timer ends, even on topics you are unsure about.
IC 11 One-Attempt Strategy
- Spend the first 3 weeks doing chapter-wise practice tests for Chapters 1 through 5
- Spend week 4 on Chapters 6, 7, 8, and 9 with focused practice on claims and underwriting
- Attempt 2 full-length 100-question mock tests in week 5 with strict 120-minute timing
- Review every wrong answer immediately after each test with the provided explanation
- Reattempt any chapter where your accuracy falls below 55% before the next full test
- Attempt 3 to 4 additional full-length tests in the final week for speed and confidence
Candidates scoring 70 or above consistently across 5 or more full-length IC 11 mock tests are very well positioned to pass the actual exam. A score below 55 in mock tests signals concept gaps that need direct revision before the real exam date.
Important Regulatory Topics in IC 11 Mock Tests
The Insurance Institute of India regularly updates IC 11 exam questions to reflect IRDAI circulars and Insurance Act amendments. Practise questions on the Insurance Act 1938 as amended, IRDAI (Protection of Policyholders’ Interests) Regulations, Public Liability Insurance Act 1991, Motor Vehicles Act 2019 amendments, and the Consumer Protection Act 2019.
Regulatory topics that produce 8 to 12 questions in a typical IC 11 mock test include:
- IRDAI’s role: licensing of insurers, agents, brokers, and surveyors under IRDAI Act 1999
- Insurance agents and intermediaries: types of agents, their authority, and duties to policyholders
- Grievance redressal: Insurance Ombudsman, IRDAI’s IGMS (Integrated Grievance Management System)
- Policyholder protection: free-look period, disclosure norms, claim settlement timelines mandated by IRDAI
- Reinsurance regulation: IRDAI’s framework for domestic and cross-border reinsurance arrangements
IC 11 Mock Test Performance Benchmarks
Use these benchmark scores from full-length IC 11 mock tests to gauge your readiness before the actual exam.
| Mock Test Score Range | Readiness Level | Recommended Action |
|---|---|---|
| 75 to 100 | Exam ready, high confidence | Attempt a few more tests for consistency, then book the exam |
| 65 to 74 | Good preparation, comfortable pass likely | Revise 2 to 3 weak chapters and take 2 more full-length tests |
| 60 to 64 | Borderline, at risk of failing actual exam | Do not book exam yet; revise claims, underwriting, and fire-marine |
| 50 to 59 | Below passing threshold | Return to chapter-wise tests for all low-accuracy chapters first |
| Below 50 | Significant concept gaps | Restart with Chapter 1 and work through all chapters sequentially |
The actual IC 11 exam passes candidates who score exactly 60, so treat 70 as your practice minimum to build a comfortable buffer above the real threshold. No negative marking means a candidate answering all 100 questions has a higher expected score than one who skips uncertain questions.
IC 11 Licentiate Certification: Career Relevance
The IC 11 Licentiate certification is a mandatory qualification for professionals working in non-life (general) insurance in India. Agents, development officers, surveyors, brokers, and corporate employees of general insurance companies like New India Assurance, United India Insurance, National Insurance Company, Oriental Insurance Company, and private insurers like HDFC Ergo, Bajaj Allianz, ICICI Lombard, and Tata AIG must hold a valid Licentiate certificate to practise.
Passing IC 11 allows professionals to handle motor insurance, fire insurance, marine insurance, health insurance, personal accident policies, and all other general insurance products. The Licentiate certificate is issued by the Insurance Institute of India after all 3 papers are cleared and is recognised by IRDAI across all general insurance companies registered in India.
Frequently Asked Questions About IC 11 Mock Test
IC 11 has 100 MCQ questions to be answered in 2 hours (120 minutes), with a passing score of 60 marks (60%). There is no negative marking, so every unanswered question is a lost mark. Attempt all 100 questions before the timer ends to maximise your score.
Chapters 3 (Fire and Marine), 4 (Motor, Liability, Personal Accident), and 8 (Claims) together account for approximately 35 to 45 questions out of 100 in most IC 11 exam sets. Mastering these 3 chapters through mock test practice gives you a strong head start toward the 60-mark passing threshold.
Yes. Since IC 11 carries zero negative marking, guessing on unknown questions always improves your expected score compared to leaving them blank.
Attempt at least 5 to 7 full-length 100-question mock tests along with chapter-wise practice tests for every IC 11 chapter before sitting the actual exam. Candidates scoring 70 or above consistently across 5 full-length tests are well positioned to pass the actual IC 11 exam in a single attempt.
IC 11 mock tests on sarkariexam.center are aligned with the current Insurance Institute of India (III) Licentiate syllabus and reflect updated IRDAI regulations, including the Motor Vehicles Act 2019, Consumer Protection Act 2019, and IRDAI policyholder protection guidelines. Practice questions cover all regulatory updates from the official III prescribed workbook.
