Professionals who assess the damage or loss as connectivity between the one who grants insurance and the one who receives it are called Insurance surveyors’.  Their work is to find out the actual loss due to any calamity as per their respective departments and avoid all pertaining rumors.

Importance of paper:

This paper is a very important paper for the candidates who want to serve their country in terms of helping the people who have suffered heavy losses and help access them the necessary allowances and rehabilitation.  The aspiring surveyor candidates can hold a post of accountants, medical graduates, engineers etc. as per the License issued by the Controller of Insurance.

Paper Pattern:

The paper consists of a total of 10 questions out of which only 8 are to be answered. The first question is not compulsory and it carries 16 marks,whereas the remaining 9 questions carry 12 marks each. The first question is often a numerical based question and the remaining questions are usually short note based types and short answer type questions.

Frequently Asked Questions:

Finding out the Provisional, Refund premium, Add on covers available for Fire Policy, Provisions of the Reinstatement Value Basis Fire Policy, Short notes on Without Prejudice, Onus of Proof, waiver and stopple, Definition of ‘Fire’, Special Perils Policy, Contents of the Preamble and operative clause for  Standard Fire, General Exclusions Under the Standard Fire Policy. Contract Price Clause, Scope of Terrorism covered under the extension of fire Policy, Value policy, and purpose of preliminary reports under fire claims.

Time and Marks:

The paper has got maximum marks of 100 and the maximum rime available to the students for the exam is 3 hours.

Recommended Books:

• Fire Insurance for Insurance Surveyor by TMH Publications
• Duty of Disclosure