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NCFM: Insurance Module

Posted by Prashant Shah on November 24, 2011

NSE has taken a step further and introduced a module on insurance. Normally the modules which NSE has are for securities market. Its a unique step which NSE has taken. I believe that adequate insurance, i repeat adequate insurance is a must for everybody in contemporary scenario. Lets have a look at the module:

Insurance serves a number of valuable economic functions that are largely distinct from other types of financial intermediation. The insurance market has witnessed dynamic changes, which includes presence of a fairly large number of insurers both in life and non-life segment. There is an increased need for qualified individuals who possess requisite skills and significant knowledge in insurance in these fast moving and globalised financial markets.

This module aims at providing basic insight about the concept of insurance, types of insurance, fundamentals of risk management, insurance contracts & principles.

Why should one take this course?

  • To have a basic understanding about the concept of insurance
  • To learn about the various types of insurance, fundamentals of risk management, insurance contracts and principles etc.

Who will benefit from this course?

  • Students of Management and Commerce
  • Finance Professionals
  • Employees with banks and financial institutions
  • Distributors / Agents
  • Anybody having interest in this subject

Test details

Duration: 120 minutes

No. of questions: 60

Maximum marks: 100, Passing marks: 60 (60%); There is negative marking for incorrect answers.

Certificate validity: For successful candidates, certificates are valid for 5 years from the test date.

Fees: 1,500/- (Rupees One Thousand Five Hundred Only).

Ckick the link to download the book: www.nseindia.com/content/ncfm/ncfm_insme.pdf


10 Responses to “NCFM: Insurance Module”

  1. Jay said

    By clearing this exam can I sell Insurance?

  2. vishal said

    sir, http://www.nseindia.com/content/ncfm/ncfm_insme.pdf this link is not working.

  3. Ajay said

    Prashant- Could you please provide the link to download the study material of insurance module of NCFM?

  4. ra said

    If am doing a job in finance company, what the benifit of insurance modual,

  5. Mayank varshney said

    Hello parshant sir , I am Mayank Varshaney already clear all module under CFP . I have exam on 14th feb, of insurance module i want to know that is there any questions which are repeating in insurance module like cfp all module. If it is please provide me questions

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