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Insurance exams in India are conducted for various posts in the insurance sector. The insurance sector in India has been one of the most significant employment sectors and has managed to gain the maximum benefit over the past two decades.
IRDA-Insurance Regulatory and Development Authority of India is the main body responsible for maintaining the growth and promoting the insurance industry in India. Insurance exams are conducted at regular intervals in India and candidates across the country wait for the recruitment to be performed each year.
Insurance companies are divided into two parts:
- Life Insurance Companies
- Non-Life Insurance Company
Companies giving life insurance offer coverage to the life of the individuals, whereas the non-life insurance companies offer coverage to our daily living like travel, health, our car and bikes, and home insurance. The insurance exams conducted by the following insurance companies in India:
- LIC– Life Insurance Corporation of India
- NIACL– New India Assurance Company Limited
- NICL– National Insurance Company Limited
- OICL– Oriental Insurance Company Limited
- UIIC– United India Insurance Company
- IRDA– Insurance Regulatory and Development Authority of India
