Insurance As A Career

Insurance Exam

Insurance is a career which has to do with trained specialist presenting and entering into a contract with people from all walks of life to provide them from financial loss which often results from untimely death, sudden disability, theft, fire accident and so forth. This career always requires competent hands because it seeks to enable people from different walks of life recuperate from the risks that comes with the problems of life. The people who embrace this idea are known as the insured, the company offering this service is known as the insurer, while the contract entered into by the insured and the insurer is referred to as the policies. In addition, while it’s the duty of the insurer to live up to the expectation contained in the policies, it’s also expected that the insured is committed to an agreed duty payment known as premium. So an insurance exam is a professional test designed for those aspiring to be part of this multi-billion dollar industry.

What should I know to take part in insurance exam?

Eligibility

In order to take part in insurance exam, you are expected to have background in subjects with direct contact on insurance like Book-keeping & Accounting, Commerce, Economics and Social Sciences. In addition, general requirements like advanced English and basic Mathematics are a must to know.

Subject focus for exam

This can also be referred to as the syllabus. This is one of the most crucial aspects of your preparation besides applying to the National Association of Insurance Practitioners of your country. In order to know what your subject focus is, you’ll need to discover what discipline you will be better off with. There are two broad categories for the insurance exam. There is the category for health and life insurance and the property and casualty. Under health and life insurance, you are expected to prepare on;

• Possible medical plans and terms

• Group dental policies

• Individual dental policies

• Tax issues and health insurance

• Insurance for special needs

• Background to life and health insurance

• Insurance policies that bothers on life and health

While under property and casualty insurance test, you’re expected to prepare on,

• General knowledge on property and casualty insurance

• Business insurance

• Real estate insurance

• Flood and earthquake insurance

It’s also worthy of note that insurance exams is a CBT based. You will have better opportunity to succeed by maximizing the time while answering each question.