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Insurance Institute of India is the only educational body in the country which imparts insurance education from primary to advance level. Since its inception it has helped people to build successful career in the field of insurance.

The local institutes, like the Indian Insurance Institute, Kolkata, function under the All India Institute. Besides assisting candidates to pass the Associateship and Fellowship Examinations, the I.I.I, Kolkata conducts various surveys and research with the help of its members. To register as a member of the I.I.I, Kolkata means entering the vast horizon of Life Insurance in India for both sales and service.

The Institute conducts CIS examination which is the primary course for people who wants to build career through sales. Agents passing CIS examination are given preferential treatment by the insurance companies. LICI has made it compulsory for its career agents.

One who has passed the Fellowship examination (the highest level) of the insurance institute of india can be said to possess wide knowledge in all fields of insurance, viz., principle, servicing aspects, legal, application, accounting and actuarial etc. This is why they are called technically qualified persons in the insurance parlour, and, are given preference in promotion and other selection process by the insurance companies.

LICI and many other Insurance Companies gives attractive monetary incentives to its technically qualified employees. Class III employees of the corporation (within specified age limit) get opportunity to become Asstt. Admn. Officers (1B) directly by passing a selection examination and interview.

In respect of Corporate Agents and Bankassurance, diploma holders in Associateship or Fellowship are allowed by IRDA to act as specified persons or chief Insurance executives. This is the primary requirement. Apart from this, they are required to pass the prescribed examination conducted by IRDA also.

IRDA has recognized a large number of training institutes all over the country to impart training for pre recruitment examination of Agents. Diplomaholders (Associates/ Fellows) of the institute gets preference for working as faculties in these institutes, thereby unfolding huge employment opportunities even after retirement from service.


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