Insurance Institute of India conducts special examination for the seats which is currently vacant in different insurance organizations. Under this kind of insurance fellowship exam, there are number of papers are involved amongst which Law and Economics of Insurance Papers is one of them. This fellowship examination holds six subjects.

Qualification required for appearing in that exam:

The minimum qualification required for the fellowship examination is to pass graduation examination or its relevance course in any stream from a renowned university and recognized board of India. One should have to maintain the age limit that is mentioned in the online application form.

Scores and Negative Markings:

The scores allotted to all the questions are varying according to the number of sub questions included under a question. There are no negative markings for any of the questions.

Mode of the exam:

Normally the Law and Economics of Insurance Papers is a pen/pencil based examination. As the questions are of long and subjective types, candidates required to write in separate pages provided in the examination hall.

Paper format:

The Insurance Institute of India Fellowship Examination Law and Economics of Insurance Papers follow the format of subjective type questions.

Paper pattern:

The paper pattern contained by the Law and Economics of Insurance Papers mainly deals with the subjective and case studies questions. The maximum mandatory questions asked from this paper are five and each carries 20 marks.

Marks:

The full marks allotted for the Law and Economics of Insurance Papers are 100.

Schedule:

The time schedule allotted to all the students for the Insurance Institute of India Fellowship Examination-Law and Economics of Insurance Papers is three hours.

Books recommended:

Law and Economics of Insurance [Hardcover], by Daniel Schwarcz (Editor)