Associateship Examination-Life Assurance Finance Paper deals with the financial measures and aspects of Life Assurance. The study of Life Assurance is much worthy as its blooms job aspects with a proper salary where the candidate will find his career on the top five years down the line. This course also focuses on renewal cost ratios, various objectives of internal audits, importance of human resource accounting, methods of financial analysis, conservation ratio, limitations of trend analysis, group superannuation scheme, etc.

Qualification:

Candidates only after successfully clearing Licentiate exams can sit for Associateship exam and after clearing all the six subjects successfully of this exam they will be offered with Associateship diploma.

Score calculation:

Candidates appearing for this exam need to score at least 50 out of 100 in order to qualify themselves.

Mode of exam:

Associateship Examination-Life Assurance Finance Paper is an offline mode, i.e. paper pen mode exam where students are allowed to use blue and blank pens only along with HB pencils. The answering instructions are given on the booklet provided to the candidates in the test hall. Calculators are not allowed for this exam.

Paper Format:

Life Assurance Finance Paper holds a maximum of 100 marks and is completely a subjective type paper. The questions are mainly short notes and descriptive types (essay type). There is no sectional division in this paper but all the questions are not compulsory to answer. The candidates appearing for this test need to answer 8 out of the 10 given questions.

Time:

The total time allotted to complete Life Assurance Finance Paper of Associateship Examination is 3 hours. Though the time is 3 hours still it is not easy to answer the complete paper for the slow writers as this is a subjective paper.

Books:

Life insurance by Gustavus Woodson Smith