If you’re planning to become an insurance agent in India, passing the IC 38 Exam is your first crucial step. Whether you’re applying for life, health, or general insurance, this exam is mandatory for obtaining an IRDAI license.
But like any licentiate exams, IC 38 comes with its own set of questions, confusion, and myths. In this blog, we’ve compiled the most frequently asked questions (FAQs) about the IC 38 exam and cleared them up — so you can prepare with clarity and confidence.
- What Is the IC 38 Exam?
The IC 38 (Insurance Certification 38) is an entrance-level exam conducted by the Insurance Regulatory and Development Authority of India (IRDAI). It’s designed to test a candidate’s knowledge of:
- Insurance principles
- Products and services
- Regulatory framework
- Ethics and responsibilities of an agent
Successfully clearing this exam is compulsory to become a certified insurance advisor/agent in India.
- What Is the Syllabus of the IC 38 Exam?
The IC 38 syllabus includes:
- Basics of insurance
- Principles of life/general/health insurance
- Policy servicing and underwriting
- Grievance redressal mechanisms
- Regulations and ethics
- Role of insurance agents
The syllabus is available in multiple languages including English, Hindi, and many regional Indian languages.
- What Is the Duration and Format of the Exam?
- Duration: 60 minutes
- Total Questions: 50 (Multiple Choice Questions)
- Passing Marks: 18 out of 50
- Mode: Online or at designated training/test centers
There is no negative marking, making it easier for candidates to attempt all questions.
- Where Can I Take the IC 38 Exam?
You can take the IC 38 exam through:
- LIC or Private Insurance Companies (through their training partners)
- IRDAI-authorized training institutes
- Online proctored exam platforms (in some cases)
Make sure you register through a recognized insurance company or training provider.
- Is There Any Fee for the IC 38 Exam?
Yes, the IC 38 exam fee ranges from ₹500 to ₹700, depending on the training institute or insurance company through which you’re applying.
Some companies offer free training and cover your exam cost if you’re joining them as an agent.
- How Should I Prepare for the IC 38 Exam?
Preparation tips:
- Read the official IC 38 training manual thoroughly
- Practice mock tests and sample questions
- Understand basic insurance terms and agent responsibilities
- Focus on real-life scenarios — questions are often situation-based
- Revise key definitions, rules, and regulations
You can find IC 38 training material online or through your insurance company.
- What Happens If I Fail the IC 38 Exam?
Don’t worry — you can reattempt the exam. Most institutions allow multiple attempts, although you may have to pay the exam fee again.
There is no lifetime limit on how many times you can take it — but it’s best to prepare thoroughly and aim to pass on the first attempt.
- What Happens After I Clear the IC 38 Exam?
Once you pass:
- You’ll receive a Certificate of Completion.
- The insurance company or agency you’re joining will initiate your IRDAI license application.
- Once approved, you can legally start working as an insurance advisor in India.
- Is the IC 38 Certificate Valid Forever?
No — the IRDAI license you get after passing the IC 38 exam is valid for 3 years. After that, you’ll need to complete renewal training and pass a refresher exam to continue working as an agent.
- Can I Give the IC 38 Exam Online from Home?
Some training providers and insurance companies offer remote proctored exams, which you can take from home using a webcam-enabled device. However, this depends on the specific provider and IRDAI rules at the time.
Final Thoughts
The IC 38 Exam is not difficult — but it does require proper training and focus. Whether you’re entering the insurance field as a part-time advisor or planning a long-term career, clearing this exam is your gateway to a certified and trusted role in the industry.