Insurance for students online

General Insurance

1. G.I.C. Officers ' Exam

A combined competitive examination for recruitment to the posts, of Assistant Administrative Officer (Generalist) in the General Insurance Corporation of India, i.e., (i) National Insurance Company Ltd., Calcutta; (ii) The New India Assurance Company Ltd., Mumbai; (iii) The Oriental Fire and General Insurance Company Ltd., New Delhi; and (iv) United India Insurance Company Ltd., Chennai, is held every year generally in the month of February.

Educational qualifications:

Graduate/Post- Graduate in Arts, Science, Agriculture, Commerce, Engineering or Law of a recognized University with 50% marks (relaxable in the case of Scheduled Castes/Tribes at 40%).

Age limit:

Between 21 and 30 years on the 1 st October of the year previous to the year of examination. The limit is relaxable in respect of the candidates belonging to SC/ST/OBC, ex- servicemen and serving confirmed employees of G.I.C.

Selection procedure:

Candidates will be called for written test, which would comprise following Objective Tests of
(1) Test of Reasoning,
(2) English Language,
(3) General Awareness, and
(4) Professional Knowledge.
On the basis of performance in the written examination, candidates will be called for interview and the final selection will be on the basis of overall performance in the written test and the interview.

2. G.I.C. Assistants' exam

This examination is held once a year, generally in the month of August. The blank application and particulars are published in the Employment News, usually in the month of March. The last date for the submission of applications is usually first week of April every year.

Examination Fee:

Rs. 40/- (Rs. Forty only). No fee for Scheduled Castes/Scheduled Tribes, Physically Handicapped, Ex- Servicemen and confirmed employees of the G.I.C.

Age limit:

18 to 28 years on the first June of the year of examination.

Educational qualifications:

Pass in Higher Secondary with 60% marks of Graduate of a recognized University.

Scheme of the examination:

The examination comprises:
· Written Examination in the subjects set out in Para 7 below
· Interview of such candidates, who qualify in the Written Test.

Examination papers:

· The written test will be Objective Type consisting of Test of Reasoning, Numerical Ability, Clerical Aptitude, English Language and General Knowledge; and
· Descriptive Test on Essay, Letter Writing and Precise Writing in English. Objective tests except English will be bilingual, i.e., both in English and Hindi.

3.L.I.C. Officers' Exam.

A competitive examination for the recruitment of the Assistant Administrative Officers, etc., in Life Insurance Corporation (LIC) is held once a year, generally in the month of June. The blank application form and particulars are published in the Employment News, generally in the second week of April, and the last date for submission of application is usually the second week of May every year.

Educational Qualifications:

Bachelor's/Master's Degree from a recognized Indian or Foreign University with a minimum of 50% marks (relaxable in the case of SC /ST candidates to 40%) in aggregate in either of the degrees.

Age limit:

21 to 28 years on the 1 st April of the year of examination. Upper age limit is relaxable for Scheduled Castes, Scheduled Tribes, confirmed L.I.C. employees, etc.

Examination fee:

Rs. 50/- (Rs. Fifty only). No fee for Scheduled Castes and Scheduled Tribes, etc.

Initial pay:

About Rs. 8000 in the scale of Rs. 4250- 2304940- 350- 5290- 230- 8510.

Scheme of the examination:

The examination comprises

· Written Examination in the subjects set out in Para 6 below;
· Interview of such candidates. who qualify in the Written Test.

Examination papers:

The Written Examination will consist of the following papers:

PAPER I (Objective)
It will consist of

1. Reasoning Ability (Bilingual)
2. General Knowledge and Current Affairs (Bilingual)
3. Numerical Ability (Bilingual)
4. English Language with special emphasis on grammar and vocabulary.

PAPER II (Descriptive)

It will consist of
· Test on Essay (can be written in Hindi or English)
· Precise and Comprehension in English

4. L.I.C. Assistants'/Stenos'/ Typists' Exam

The examination is held once a year by the different divisional offices of the Life Insurance Corporation for recruitment to the post of Clerical Assistants.

Educational Qualifications:

(a) Assistants:

· Graduate of a recognized University; or
· H.S.C. (Standard XII of 10+2+3 pattern) with at least 60% marks in aggregate or
· A pass in L.I.C. Course of CBSE (Standard XII of 10 + 2 + 3 pattern).

(b) Typists:

· Graduate of a recognized University; or
· H.S.C. (Standard XII of 10 + 2 + 3 pattern) with at least 55% marks in the aggregate; or
· A pass in L.I.C. Vocational Course CBSE (Standard XII of 10+2+3 pattern);
· A speed of typing 40 words per minute in English or 25 words' per minute in Hindi.

(c) Stenographers:

· Graduate of a recognized University; or
· H.S.C. (Standard XII of 10 + 2 + 3 pattern) at least 55% marks in aggregate; or
· A pass in LIC Vocational Course (Standard XII of 10 + 2 + 3 pattern);
· A speed of at least 100 words per minute in English shorthand and a speed of 40 words per minute in English typing or a speed of 80 words per minute in Hindi shorthand and a speed of 25 words per minute in Hindi typing.

Age:

A candidate must have attained the age of 18 years and not attained the age of 28 years on the first day of the October of the year in which examination is held.

The upper age limit may be relaxed in respect of the Scheduled Castes, the Scheduled Tribes, Other Backward Classes and such other categories of persons as may from time to time be notified in this behalf.

Plan of the Examination:

The subjects of the written test, time allowed and the maximum marks for each paper will be as under:

S.No. Subject Language Maximum Time Marks Allowed

PAPER I- OBJECTIVE
1. Reasoning Ability (Bilingual)
2. Numerical Ability "
3. General Knowledge " 150 2 hours
4. English English
5. Hindi (for A and B
states only).

PAPER II Descriptive (qualifying)
1. English or Hindi English
2. Official Language Hindi or
of the State, (e.g., Regional 50 1 hour
Punjabi in Punjab) Language
except in States
where Hindi is the
official language

N.B. (i) The candidate is required to pass in each of the Tests separately.
(ii) The merit order of the candidates will be decided by the aggregate score in Paper I. (iii) Candidates, who pass in each test separately and rank sufficiently high in the
merit list, would be called for personal interview/trade test (wherever applicable).
(iv) Final Selection will be on the basis of the overall performance in the written test, Trade Test (where applicable) and the interview.