Motor Insurance-IC 72 Practice Exam

Motor Insurance-IC 72 is a certification for motor insurance professionals from the Insurance Institute of India. It covers coverage for accidents, theft, and damage to both vehicles and third parties as well as types of motor insurance policies, claims handling, risk management, and underwriting.

Certification in Motor Insurance-IC 72 helps you prepare for the Motor Insurance-IC 72 module test by assessing you in liability, comprehensive, third-party coverage, risks, handle claims, and the legal and regulations.
Why is Motor Insurance-IC 72 certification important?

• Practices and sharpens your skills and knowledge to clear the Motor Insurance-IC 72 module
  
• Enhances knowledge of motor insurance policies and coverage options.
• Improves career prospects in motor insurance underwriting, claims handling, and risk management.
• Validates understanding of legal frameworks and regulatory standards in motor insurance.
• Increases professional credibility in the motor insurance industry.
• Opens up career opportunities in insurance companies, dealerships, and automotive sectors.
• Demonstrates proficiency in assessing and managing vehicle-related risks.
• Provides a competitive advantage for roles that require expertise in motor insurance products.

Who should take the Motor Insurance-IC 72 Exam?

• Motor Insurance Underwriters
• Claims Adjusters (Motor Insurance)
• Risk Managers (Motor Insurance)
• Motor Insurance Brokers
• Insurance Agents (Motor Insurance)
• Motor Insurance Analysts
• Auto Insurance Sales Executives
• Insurance Product Managers (Motor Insurance)
• Automobile Insurance Advisors
• Loss Adjusters (Motor Insurance)

Skills Evaluated

Candidates taking the certification exam on the Motor Insurance-IC 72 is evaluated for the following skills:

• Motor insurance policies.
• Underwriting
• Risks.
• Claims handling,
  
• Legal and regulatory aspects of motor insurance.
• Comprehensive, third-party, and liability insurance.
• Customer service
• Client relationships
  
• Fraud detection and prevention
  

Motor Insurance-IC 72 Certification Course Outline
The course outline for Motor Insurance-IC 72 certification is as below -

• Introduction to Motor Insurance
• Marketing in Motor Insurance
• Type of motor vehicles, documents and policies
• Underwriting in Motor Insurance
• Motor Insurance Claims
• IT Applications in Motor Insurance
• Consumer Delight

• Third Party Liability Insurance
• Procedures for Filing And Defending
• Quantum Fixation
• Fraud Management and Internal Audit