Overview

Motor Insurance Exam Mock Test (IC72) 1000+ Practice Questions for Insurance Institute of India Associate & Fellowship Exams Revised & Updated Syllabus 2024Prepare effectively for the IC 72 Motor Insurance Exam with our comprehensive online mock test, featuring over 1000+ practice questions aligned with the latest syllabus from the Insurance Institute of India. This mock test covers all critical aspects of motor insurance, from underwriting and claims to third-party liability and fraud management, ensuring you're fully equipped for the actual exam. Enhance your confidence, identify your weak spots, and improve your performance with targeted chapter-based practice.Why Should You Opt for Mock Test?Our mock test is specifically tailored to help you succeed in the IC 72 Motor Insurance Exam. With an expansive collection of 1000+ questions designed to cover every important aspect of the motor insurance field, our test gives you a real exam experience. The questions are designed to be challenging, encouraging deep learning and strong retention. A 70% pass mark is intentionally set to strengthen your exam preparedness, helping you score higher in the actual exam.Chapter & Learning Outcomes Covered:Chapter 1: Introduction to Motor InsuranceApplicability of Principles of InsuranceHistory of Motor InsuranceLegal AspectsChapter 2: Marketing of Motor InsuranceKnock For Knock Agreement and some Market PracticesMotor Third Party PoolChapter 3: Type of Motor Vehicles, Documents & PoliciesCoverage for Commercial VehiclesCoverage for motor policiesCoverage for Two WheelerMotor insurance documentsMotor trade policiesNew TechnologiesTypes of Motor PoliciesTypes of Motor VehiclesChapter 4: Underwriting in Motor Insurance Amendments subsequent to discontinuance of tariffGuidelines applicable in IndiaInternational practiceMarket practiceMotor UnderwritingPremium computationUnderwriting in motor insuranceChapter 5: Motor Insurance ClaimsFrauds in Motor OD ClaimsMotor Insurance ClaimsRole of Road Safety in InsuranceRole of SurveyorTypes of LossesChapter 6: IT Application in Motor InsuranceAnalytics and IT InterventionIIBI as Data DepositoryImportance of StatisticsChapter 7: Consumer DelightClaims and Customer Experience ManagementElements of Customer ServiceChapter 8:Third Party Liability InsuranceAlternative Methods of SettlementDefenses for Insurance CompaniesDefenses available to InsurerInternational Legal ScenarioJurisdiction of Civil CourtsPrinciples of DamagesTP Claims Management in IndiaWho can claim Compensation?Chapter 9: Procedures for Filing & DefendingLegal Provisions and Jurisdiction of Civil CourtsProcedure for Filing & Defending and Steps for Third Party claimsChapter 10: Quantum FixationCompensation and Type of DamagesDamages to Non-earning MembersOption to choose JurisdictionChapter 11: Fraud Management & Internal AuditFrauds in TP Claims and Frauds in Motor InsuranceUnderwriting Frauds and Issues to be AuditedChapter 12: Anx1 & Anx 2

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