Licentiate Examination (Life and Non-Life) Insurance Business Environment Papers


Paper of Insurance Business Environment is the study of responsibility of an insurance person and his duty towards their customers. The paper outlines the basic responsibilities and service skills of them and tries to make them able to work in a company as an insurance person.

If you are eligible for this exam or not?

Candidates who are applying for the paper must have a degree of graduation to sit for the paper; also the candidates can apply if they can produce their passing certificate on time of admission but are yet to pass their final exam. Students of non-Science background will get help as the questions are of their standard.

Is there any Negative Marking in this paper?

Paper is of questions which are descriptive type and all questions are of subjective type, so candidates can get marks on the basis of their answer as there is no negative marking and students can attempt all the questions.

Mode of Exam:

Paper is a conventional paper and the students have to answer their answers in the answer sheet provided.

What is the format of this exam?

Paper contains subjective type of questions and students will get 1 question in the form of short notes also.

General Paper Pattern

Paper of Insurance business management consists of 10 questions in it as seen in the previous years’ paper. These questions are of subjective type unlike of any competitive exam. From these 10 questions, 8 are to be attempted. Each question is of equal marks except of 1st question which is compulsory and is of short notes.


Paper contains questions which are of equal marks and total marks in the paper are 100.


Paper is needed to be finished in 3 hours only.

Recommended Books:

  • Asset Management by Insurance Institute of India
  • Insurance Salesmanship by Insurance Institute of India
Download Licentiate Examination (Life and Non-Life) Insurance Business Environment Papers


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2 Responses to “Licentiate Examination (Life and Non-Life) Insurance Business Environment Papers”

  1. 2

    I have all the questionpapers for licentiate exam ,need solved answer paper for licentiate exam-Life insurance ,plz provide urgently

  2. 1
    amit pancholi:

    Licenciate Exam May-2012 Resut date.