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IC 27 – Health Insurance | III Associateship & Fellowship Exam Prep 2025
Online Mock Tests, Guide Book, eBook, Udemy Practice Sets, 30 Credit Point Selective Paper & 9R™ Exam Mastery Study Plan
Prepare for the Insurance Institute of India’s IC 27 – Health Insurance, a highly recommended 30-credit selective paper designed to fast-track your Associateship and Fellowship credits. Known for its scoring ease and career relevance, this module is perfect for professionals in Claims Processing, TPAs, Hospital Network Management, Underwriting, Product Development, and Health Insurance Operations. Master core topics such as policy clauses, medical underwriting, health financing models, IRDAI regulations, fraud prevention, reinsurance, claim settlement, and premium pricing. Leverage our chapter-wise online mock tests, 900+ practice MCQs, exam-focused question banks, and the signature 9R™ Exam Mastery Study Plan to ensure success in your III exams.
Printed Book also available on Visit eLearning Portal and Online Mock Test.
IC 27 – Health Insurance | III Associateship & Fellowship Exam 2025 — At a Glance
- Certification Body: Insurance Institute of India (III)
- Exam Module: IC 27 – Health Insurance under III Associateship & Fellowship (30 Credit Points – Selective Paper)
- Ideal For: Professionals in health insurance claims, TPAs, hospital network management, underwriting, product development, fraud control, and policy servicing; and those aiming to accumulate credits quickly with an easier-to-pass paper
- Exam Format: 100 MCQs | 2 Hours | 60% Passing Marks | No Negative Marking
- Mode of Exam: Online proctored or in-centre exam conducted by III across India
- Eligibility Criteria: Open to Associate members of III and insurance professionals pursuing Associateship or Fellowship
- Key Topics Covered: Health Insurance Policy Clauses, Medical Underwriting, Health Financing Models, Reinsurance in Health Insurance, Claim Settlement & Cashless Process, Fraud Prevention Mechanisms, Premium Calculation & Pricing Techniques, Regulatory Framework (IRDAI Guidelines), Health Insurance Product Development, and Risk Assessment in Health Insurance as per III Syllabus Handbook
- Reference Framework: Based on the official III exam handbook, IRDAI regulatory updates, and health insurance operational practices
- Frequently Tested Concepts: Underwriting procedures, policy exclusions & waiting periods, critical illness cover clauses, cashless & reimbursement models, TPA roles & responsibilities, fraud detection in claims, and premium rating methodologies
- Popular Queries Covered: “How is medical underwriting applied in health insurance?”, “What is the claim settlement process under TPA?”, “How are health insurance products developed and priced?”, “What are IRDAI guidelines for health insurance underwriting and renewals?”
- Exam Relevance: Best prepared using IC 27 online mock test series, Udemy practice sets, printed guidebook & eBook, glossary references, and Gurukul On Road’s signature 9R™ Study Plan
Pro Tip: Focus on chapter-wise practice questions from health insurance claims, underwriting guidelines, and TPA processes. Use the 9R™ Study Plan to master exam patterns and time-efficient answering techniques.
Available Formats for IC 27 – Health Insurance | III Associateship & Fellowship Exam Prep
Prepare effectively for IC 27 – Health Insurance, a strategic and easy-to-clear 30-credit selective paper under the III Associateship & Fellowship pathway. This module is ideal for professionals working in health insurance claims, TPAs, hospital network management, underwriting, product development, fraud control, and pricing. Whether you are a claims handler, TPA executive, underwriter, or product manager, our resources are curated to match the latest III syllabus and real exam expectations. Access 650+ chapter-wise MCQs, Udemy practice sets, printed exam guidebook, and an eBook for flexible learning. Strengthen your concepts in policy clauses, medical underwriting, claim settlement process, fraud prevention, IRDAI regulations, and product development frameworks — all reinforced by Gurukul On Road’s proven 9R™ Exam Mastery Study Plan.
Choose a Format That Fits Your Study Style for IC 27 – Health Insurance:
Printed Guide Book also available on Amazon & Flipkart
eBook version available for Kindle & Google Play Books
Why Choose Our Study Materials for IC 27 – Health Insurance | III Associateship & Fellowship Exam Prep 2025?
- IC 27 mock tests designed as per the latest III exam pattern covering all chapters of this 30-credit selective paper — one of the easiest and most strategic papers for credit accumulation.
- Covers comprehensive domains of health insurance policy clauses, medical underwriting, claim settlement process, fraud prevention, product development frameworks, reinsurance, and regulatory guidelines (IRDAI).
- Includes over 650+ MCQs — chapter-wise, memory-based, and exam pattern-based questions to match real examiner trends of III professional exams.
- Smart exam simulation interface with real-time analytics to track performance on claims processing, underwriting risk assessment, product pricing, and health financing models.
- Multiple study formats — Online Mock Tests, Udemy Practice Sets, Printed Guide Book, and eBook — structured under Gurukul’s proven 9R™ Exam Mastery Study Plan.
- Continuously updated with SEBI, IRDAI, and III official updates through our Regulatory Blog, with converted glossary terms and updated MCQs.
- Focused content on mastering health insurance exclusions, waiting periods, premium rating methods, customer service guidelines, TPA processes, and critical illness cover scenarios.
- Validated by past top scorers using IC 27 recollected questions, exam paper mappings, and strategic mock drill simulations for last-mile preparation.
- Curated by subject-matter experts with domain expertise in health insurance underwriting, claims management, product development, TPA operations, and IRDAI compliance frameworks.
Stay Updated with IRDAI & III Circulars — Aligned for IC 27 Health Insurance Exam Prep 2025
Regulatory developments play a critical role in shaping health insurance underwriting norms, claims settlement processes, TPA operational guidelines, fraud control mechanisms, product structuring, and customer servicing standards that are tested in the III IC 27 – Health Insurance exam. At GurukulOnRoad, we simplify and align updates from IRDAI and III to ensure aspirants stay updated with the latest regulatory frameworks, underwriting guidelines, product design policies, and claims servicing practices that influence exam patterns, MCQs, and case-study based questions.
Our expert editorial team converts complex circulars into exam-relevant insights for health insurance underwriters, claims handlers, TPA executives, product developers, and regulatory compliance professionals. Focused areas include policy clauses updates, premium rating methodologies, fraud detection in claims, renewal guidelines, critical illness cover norms, and cashless settlement mechanisms — all regularly updated and mapped to the IC 27 syllabus through our Regulatory Resource Hub.
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Associateship & Fellowship Exam Prep IC 27 Health Insurance 2025
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Overview & Key Focus Area : IC 27 Health Insurance | Chapter-wise Summary | III Associateship & Fellowship Exam Prep 2025
Chapter 1: Introduction to Health Insurance and the Health System in India
This chapter lays the foundation by explaining the structure of the healthcare ecosystem in India, the role of public and private healthcare providers, and how health insurance integrates into the healthcare delivery system.
Key Focus Areas: Evolution of Health Insurance, Public Health Schemes, Private Insurers, Role of TPAs, Key challenges in Indian Healthcare.
Exam MCQs Tip: Focus on definitions, structure of health systems, TPAs’ role in claims administration, and basic concept-based questions.
Chapter 2: Health Financing Models and Health Financing in India
Explains various healthcare financing models globally and their applicability in India, including out-of-pocket expenditure, social health insurance, private health insurance, and employer-sponsored plans.
Key Focus Areas: Health Financing Models, Health Expenditure Trends in India, Government Initiatives (Ayushman Bharat), Role of Private Insurers.
Exam MCQs Tip: Expect questions on types of financing models, and their advantages/disadvantages, along with scheme-specific facts.
Chapter 3: Health Insurance Products in India
Covers various health insurance product types such as individual health plans, family floater policies, group insurance, critical illness plans, top-up plans, and government-sponsored schemes.
Key Focus Areas: Product Features, Inclusions & Exclusions, Waiting Periods, Pre-existing Disease Cover, Critical Illness Riders.
Exam MCQs Tip: Focus on product differentiation, types of coverage, and product suitability for different client profiles.
Chapter 4: Health Insurance Underwriting
Covers principles of medical underwriting, risk assessment techniques, underwriting guidelines issued by IRDAI, and the underwriting process.
Key Focus Areas: Medical vs. Non-Medical Underwriting, Morbidity Risk Factors, Financial Underwriting, Underwriting Guidelines.
Exam MCQs Tip: Important for questions on underwriting process, risk selection, underwriting forms & medical tests.
Chapter 5: Health Insurance Policy Forms and Clauses
Covers the structure of health insurance policies, including definitions, coverage clauses, exclusions, endorsements, and conditions precedent.
Key Focus Areas: Operative Clauses, Renewal Terms, Waiting Periods, Co-payment, Sub-limits, Portability Clauses.
Exam MCQs Tip: Focus on policy structure, key clauses (like exclusions, waiting period, critical illness covers) and policyholder rights.
Chapter 6: Health Insurance Data, Pricing & Reserving
Focuses on actuarial aspects of pricing health insurance products, data analysis for risk assessment, and the concept of reserving for claims liabilities.
Key Focus Areas: Premium Calculation, Pricing Models, Data Analytics in Pricing, Claims Reserving Techniques.
Exam MCQs Tip: Expect questions on premium rating methodologies, loss ratio calculations, reserving practices, and data-driven pricing.
Chapter 7: Regulatory and Legal Aspects of Health Insurance
Details regulations framed by IRDAI, including product filing norms, policyholder rights, claims settlement guidelines, grievance redressal mechanisms, and legal aspects like contract law.
Key Focus Areas: IRDAI Regulations, PPI Regulations, Ombudsman Scheme, Product Filing (Use & File).
Exam MCQs Tip: Focus on IRDAI health insurance guidelines, TPA licensing, grievance redressal mechanisms, and regulatory circulars.
Chapter 8: Customer Service in Health Insurance
Discusses importance of customer service in health insurance operations, including claims processing, communication standards, service-level agreements, and grievance handling.
Key Focus Areas: Claims Handling Procedures, Cashless Facility Processes, Reimbursement Claims, SLA (Service Level Agreements).
Exam MCQs Tip: Questions on claims process flow, TAT for settlements, grievance handling procedures, and customer service benchmarks.
Chapter 9: Health Insurance Fraud
Covers various types of frauds in health insurance, preventive mechanisms, and fraud control frameworks implemented by insurers and TPAs.
Key Focus Areas: Types of Frauds, Red Flags in Claims, Anti-Fraud Units, Regulatory Guidelines on Fraud Prevention.
Exam MCQs Tip: Expect questions on fraud detection methods, TPA’s role in fraud control, regulatory provisions on fraud monitoring.
Chapter 10: Reinsurance
Explains the concept of reinsurance in health insurance, its types, importance in risk sharing, and how insurers use reinsurance to manage large claims exposure.
Key Focus Areas: Types of Reinsurance, Proportional & Non-Proportional Reinsurance, Health Insurance Reinsurance Practices.
Exam MCQs Tip: Focus on reinsurance terminologies, role of reinsurers in large claim settlement, and risk management in health insurance portfolios.
How to Use This Summary for Exam Prep?
- Refer to Chapter-wise IC 27 Online Mock Tests to reinforce these concepts.
- Follow the 9R™ Exam Mastery Study Plan for strategic topic-wise revision.
- Solve Udemy Practice Sets & Printed Guide MCQs for memory recall.
- Stay updated with IRDAI Circulars through Gurukul’s Regulatory Resource Hub for legal & policy-related exam questions.
Preparation Guide, Tips, & Study Plan
Preparing for the III IC 27 – Health Insurance exam requires a focused yet simplified approach, especially since this is a 30-credit selective paper — highly recommended for professionals in claims, TPAs, hospital networks, underwriting, product development, and health insurance operations. Our preparation ecosystem includes chapter-wise mock tests, printed guide book, eBook, and our exclusive 9R™ Exam Mastery Study Plan to ensure exam readiness.
Whether you want to master underwriting practices, policy clauses, claims settlement process, or IRDAI compliance guidelines, GurukulOnRoad’s integrated resources help you prepare effectively through multi-format content, real-case MCQs, and latest IRDAI/III aligned updates. All materials are mapped to the latest syllabus, exam trends, and memory-based question patterns.
- Download the official IC 27 syllabus from the III portal and highlight chapters like Health Insurance Products, Underwriting, Policy Clauses, Claims Process, Fraud Prevention, and IRDAI Regulations.
- Begin with our chapter-wise IC 27 mock test series to reinforce topics such as policy forms, underwriting guidelines, claims procedures, and customer service norms.
- Use analytics to identify weak areas in premium calculation, reserving, fraud detection techniques, and reinsurance basics.
- Take full-length timed tests on Gurukul or Udemy to improve speed and accuracy in handling policy clause-based scenarios and claims settlement caselets.
- Refer to our Printed Guide Book and eBook for theory summaries, key concept checklists, and exam-style questions tailored for IC 27 preparation.
- Stay up-to-date with IRDAI & III circulars on product filings, claims processing guidelines, fraud control mechanisms, and health insurance regulatory frameworks.
- Request your customized 9R™ Study Plan to prioritize high-weightage chapters, manage revision schedules, and focus on application-based questions, memory recall MCQs, and real exam simulations.
Expert Tip: Focus on mastering concept application and case-based MCQs rather than rote memorization. Simulate mock exams within time limits to get comfortable with how questions are framed on underwriting, claims processing, product clauses, fraud detection, and IRDAI regulations. Our IC 27 Mock Tests and Revision Packs are curated to mirror actual exam style and ensure score optimization.
9R Study Plan Framework: Crack IC 27 – Health Insurance with Confidence
Preparing for the III Exam – IC 27: Health Insurance on a structured timeline? Our signature 9R™ Exam Mastery Framework is a proven, strategic study system tailored for insurance professionals, claims handlers, TPA executives, underwriters, and product developers. This 9-step model brings focus to key chapters such as Health Insurance Products, Underwriting, Claims Process, Policy Clauses, Fraud Prevention, and IRDAI Regulations. Whether you’re studying via online mock tests, Udemy practice sets, printed guide book, or eBook format — this roadmap ensures you're exam-ready with clarity and confidence.
- R1 – Read: Start with the official III Handbook for IC 27 and map out critical chapters like Health Insurance Products, Underwriting, Policy Clauses, Claims Settlement, and Regulatory Framework. Download Latest Handbook 2025.
- R2 – Recall: Highlight key terms such as Pre-existing Diseases, Waiting Periods, Co-payment, Cashless Facility, Critical Illness Riders, and Reinsurance in Health Insurance.
- R3 – Review: Use the IC 27 Printed Guide Book and eBook to revise case-based MCQs on claims processing, underwriting assessment, fraud detection, and product structuring.
- R4 – Rehearse: Practice chapter-wise IC 27 mock tests covering topics like policy forms, claims process flow, underwriting decisions, and IRDAI compliance guidelines.
- R5 – Resolve: Use our MCQ Bank to strengthen challenging areas like premium calculation methods, fraud identification techniques, and regulatory circular-based questions.
- R6 – Revise: Allocate 30–45 mins/day to revise high-scoring chapters like Policy Clauses, Underwriting, Claims Settlement Process, and Fraud Prevention Frameworks. Utilize our Regulatory Update Blog for the latest compliance-linked questions.
- R7 – Replicate: Attempt full-length IC 27 mock exams under timed conditions to simulate real exam experience for sections like claims process caselets, product clause-based MCQs, and fraud detection scenarios.
- R8 – Reflect: Analyze mock test performance reports to identify error patterns in underwriting risk selection, policy wording interpretation, and claims procedure mapping.
- R9 – Reattempt: Revisit weak topics using glossary flashcards, FAQs, recollected exam questions, and solved caselets — especially for areas like TPA operations, regulatory compliance norms, and policy exclusions.
This 9-step strategy is precisely designed for the IC 27 Health Insurance syllabus and III Exam pattern (30-credit selective paper). Whether you're a first-time exam taker or a working professional in the health insurance sector, it complements our mock test engine, chapter-specific MCQs, regulatory updates, and exam-focused study materials.
Glossary & Key Definitions for III IC 27 Health Insurance | III Associateship & Fellowship Exam Prep 2025
This curated glossary provides high-importance definitions and conceptual clarity for learners preparing for the IC 27 Health Insurance paper under the III Associateship & Fellowship Exam. Each term is aligned with the latest Insurance Institute of India (III) exam standards and includes terminology critical for mastering mock tests, printed/eBook guides, and our exclusive 9R™ Exam Mastery Framework. Whether you are using our online mock tests, Udemy practice questions, or printed resources, this glossary will support quick revision, domain understanding, and real-exam application.
1. Health Insurance
Insurance that covers medical expenses incurred due to illness or injury, providing reimbursement or direct payment for hospitalization, surgery, and related healthcare costs.
2. Policyholder
The individual or entity in whose name a health insurance policy is issued and who has legal rights and obligations under the contract.
3. Insured
The person(s) whose health risks are covered under the policy and for whom claims may be made in the event of a covered illness or injury.
4. Premium
The amount paid periodically to the insurer by the policyholder to maintain active health insurance coverage.
5. Sum Insured
The maximum monetary value or limit of coverage that the insurer agrees to pay in case of claims during the policy term.
6. Indemnity Policy
A health insurance product that reimburses actual medical expenses incurred by the insured, subject to policy limits.
7. Fixed Benefit Policy
A type of health insurance that pays a pre-defined lump sum on occurrence of a specified illness or medical event, regardless of actual expenses.
8. Family Floater Policy
A single health insurance policy that covers multiple family members under one summed insured amount.
9. Group Health Insurance
Health insurance policy issued to a group of people, typically offered by employers to their employees.
10. Critical Illness Cover
An add-on (rider) or standalone policy that pays a lump sum if the insured is diagnosed with a specific critical illness, like cancer or heart attack.
11. Pre-Existing Disease
Any medical condition that exists before the inception of the health insurance policy, which may affect coverage or waiting periods.
12. Waiting Period
The time span during which specified diseases or treatments are not covered after the commencement of the policy.
13. Co-payment
A clause requiring the insured to bear a fixed percentage of each admissible claim, with the insurer paying the balance.
14. Deductible
A fixed amount that the insured must pay out-of-pocket before the insurer pays for covered expenses.
15. Sub-limit
A monetary cap on specific medical expenses (e.g., room rent, ICU charges) within an overall sum insured.
16. Day Care Procedures
Medical procedures or surgeries that do not require 24-hour hospitalization for insurance claim eligibility.
17. Cashless Facility
A benefit wherein the insured can receive medical treatment at network hospitals without upfront payment, with the insurer settling bills directly.
18. Reimbursement Claim
A process where the insured pays hospital bills upfront and later claims reimbursement from the insurer.
19. Network Hospital
A hospital or healthcare provider that has a tie-up with the insurer or TPA to offer cashless treatment to policyholders.
20. Third Party Administrator (TPA)
A licensed intermediary that assists insurers in claim processing, administration, or settlement in health insurance.
21. Inclusions
Healthcare services or medical expenses explicitly covered by a health insurance policy.
22. Exclusions
Specific conditions, treatments, or expenses that are not covered under the policy, as detailed in the policy document.
23. Portability
The right of a health insurance policyholder to shift their policy to another insurer while retaining accrued benefits.
24. Renewal Terms
The conditions and procedures to be followed for continued coverage after the policy period ends.
25. Grace Period
An additional period allowed after the premium due date during which the policy remains in force and can be renewed without a break.
26. Lapsed Policy
A policy that has become inactive due to non-payment of premiums within the due and grace period.
27. Underwriting
The process by which an insurer assesses the risk of insuring a person and decides the terms of coverage, including premium calculation.
28. Medical Underwriting
Evaluation of a potential insured’s health and medical history to determine insurability and premium pricing.
29. Non-Medical Underwriting
Underwriting based on non-medical factors, such as age and occupation, often used for low-value or group policies.
30. Risk Assessment
The process of identifying and evaluating factors that may increase the likelihood or severity of insurance claims.
31. Claim Settlement
The insurer’s process of approving and paying out benefits or reimbursement on genuine insurance claims.
32. Operative Clause
A key provision in the policy which defines the exact circumstances under which benefits are payable.
33. Endorsement
A written amendment or addition to the terms of an existing health insurance policy.
34. Reserving
The practice of keeping aside funds (reserves) by insurers to pay for future claim payouts.
35. Actuarial Pricing
Application of mathematical and statistical models to price insurance products based on risk and data analysis.
36. Loss Ratio
The ratio of incurred claims to premiums earned, used to measure the profitability of insurance products.
37. IRDAI (Insurance Regulatory and Development Authority of India)
The statutory regulator for insurance in India, responsible for overseeing health insurance regulations and consumer protection.
38. Product Filing
A mandatory process in which insurers submit proposed insurance products to IRDAI for approval before launch.
39. Protection of Policyholders’ Interest (PPI) Regulations
Guidelines framed by IRDAI to safeguard consumer rights and ensure fair treatment.
40. Health Ombudsman
An independent grievance redressal authority resolving disputes between policyholders and insurers.
41. Grievance Redressal
A structured process for customers to raise complaints about policy service or claim settlement, with timelines for resolution.
42. Service Level Agreement (SLA)
A contract or agreement that sets performance benchmarks, such as claims processing time, for customer service.
43. Health Insurance Fraud
Any intentional deception or misrepresentation by claimants, providers, or intermediaries to obtain benefits unlawfully or by false means.
44. Anti-Fraud Unit (AFU)
A dedicated department within an insurer or TPA tasked with detecting and preventing fraudulent activities.
45. Application Fraud
False information or concealment at the time of policy issuance to gain improper benefit.
46. Provider Fraud
Fraudulent practices by healthcare providers, such as over-billing or charging for unperformed services.
47. Reinsurance
Insurance purchased by an insurer from another insurance company (the reinsurer) to protect against large or catastrophic claim exposures.
48. Facultative Reinsurance
A type of reinsurance arrangement where individual risks are offered by the insurer and accepted or declined by the reinsurer per case.
49. Treaty Reinsurance
A reinsurance arrangement where the insurer agrees in advance to cede and the reinsurer agrees to accept certain classes of risk, based on a contract.
50. Proportional and Non-Proportional Reinsurance
Proportional: Risk and premium are shared between insurer and reinsurer in agreed proportions; Non-Proportional: The reinsurer pays only when claims exceed a specified limit or retention, such as in excess-of-loss arrangements.
FAQ: Frequently Asked Questions for IC 27 Health Insurance (III Associateship / Fellowship)
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What is the IC 27 - Health Insurance exam under III?
IC 27 - Health Insurance is a selective paper under the Insurance Institute of India’s Associateship & Fellowship program, carrying 30 credit points. It covers key areas like health insurance products, underwriting, policy clauses, claims processes, fraud prevention, and regulatory guidelines.
Who should opt for the IC 27 exam?
Professionals working or looking to advance in claims processing, TPAs, hospital networks, health insurance underwriting, and product development roles will find IC 27 extremely beneficial for career progression and credit accumulation.
Is IC 27 considered an easy paper to pass?
Yes, IC 27 is known for being a scoring and concept-driven paper, making it a popular choice among candidates seeking to earn 30 credits towards Associateship or Fellowship with relative ease.
What are the main topics covered in the IC 27 syllabus?
The syllabus includes Introduction to Health Insurance, Health Financing Models, Insurance Products, Underwriting, Policy Clauses, Claims Settlement, Fraud Prevention, Data & Pricing, Regulatory Framework, and Reinsurance.
Where can I find IC 27 Online Mock Tests?
You can access chapter-wise IC 27 Online Mock Tests on GurukulOnRoad’s eLearning portal designed as per the latest exam pattern and question trends.
Are there practice tests available for IC 27 on Udemy?
Yes, GurukulOnRoad offers a comprehensive IC 27 Health Insurance Practice Test series on Udemy, featuring full-length timed exams to enhance speed and accuracy.
What is included in the IC 27 Printed Guide Book?
The Printed Guide Book includes detailed chapter-wise summaries, solved sample papers, recollected questions, and concept-based MCQs for effective revision.
Can I get an eBook version of the IC 27 study material?
Yes, the IC 27 Health Insurance eBook is available for Kindle and Google Play, providing on-the-go access to exam-relevant study content.
What is the 9R™ Exam Mastery Study Plan?
The 9R™ Study Plan is GurukulOnRoad’s proprietary 9-step strategy designed to help candidates systematically prepare for IC 27 through Read, Recall, Review, Rehearse, Resolve, Revise, Replicate, Reflect, and Reattempt stages.
Are IRDAI and regulatory updates included in the study material?
Yes, our content is continuously updated to include the latest IRDAI circulars, policyholder protection guidelines, and III notifications relevant to IC 27 topics.
What types of questions are asked in the IC 27 exam?
Expect MCQs based on health insurance product structures, underwriting scenarios, policy clauses, claims processes, fraud prevention mechanisms, and regulatory frameworks.
How many questions are there in the IC 27 exam?
The IC 27 exam typically consists of 100 multiple-choice questions (MCQs) with a passing mark of 60% and no negative marking.
Is there a chapter-wise question bank for IC 27?
Yes, GurukulOnRoad provides a comprehensive IC 27 Question Bank segmented chapter-wise to reinforce core concepts and exam patterns.
How should I prepare for policy clauses and exclusions in IC 27?
Focus on understanding operative clauses, co-payment, sub-limits, waiting periods, and exclusions as these frequently appear in case-based MCQs.
Are there sample papers and model question papers for IC 27?
Yes, sample papers and model tests are available as part of GurukulOnRoad’s printed and digital resources to familiarize you with exam patterns.
Does the study plan cover health financing models in India?
Absolutely, the study materials and mock tests cover health financing systems, public-private partnerships, and Indian health financing trends relevant to IC 27.
How is underwriting covered in IC 27 mock tests?
Mock tests include scenarios on medical and non-medical underwriting, risk assessment factors, and IRDAI underwriting guidelines.
What is covered under the health insurance fraud prevention section?
It includes types of fraud (application, provider), red flags in claims, TPA roles in fraud detection, and regulatory controls.
Are claims settlement procedures included in practice tests?
Yes, the claims lifecycle, cashless facility workflows, reimbursement claims, and customer grievance redressal mechanisms are part of mock assessments.
Does the course include regulatory aspects and IRDAI guidelines?
Yes, exam prep content includes IRDAI health insurance regulations, product filing processes, and policyholder protection frameworks.
How can I practice reinsurance-related questions for IC 27?
Practice tests and study materials cover reinsurance concepts like facultative reinsurance, treaty agreements, and proportional/non-proportional structures.
What resources are available for customer service in health insurance?
Materials cover SLA standards, grievance redressal processes, and customer-centric practices relevant to health insurance servicing.
How do I access the IC 27 syllabus?
The official IC 27 syllabus is available on the Insurance Institute of India’s website and is also mapped within GurukulOnRoad’s study resources.
What are the common mistakes to avoid in IC 27 preparation?
Avoid rote learning; instead focus on concept application, especially in case-based MCQs around policy clauses, claims process flows, and underwriting decisions.
Does GurukulOnRoad provide recollected memory-based questions?
Yes, we offer recollected questions from past IC 27 exams within our mock test series and printed guides to help you practice exam-aligned scenarios.
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