Become an Insurance Surveyor: Step-by-Step Process

19 Chapters covering:

• Concept of Risk, Insurable Interest, Utmost Good Faith
• Indemnity and its Corollaries, Proximate Cause
• Underwriting Practices, Types of Loss, Hazards
• Insurance Business Laws and Regulations
• Introduction to Surveys and Survey Profession
• Claim Admissibility Factors
• Loss Evaluation, Assessment and Adjustment
• Report Writing and Accounting Principles
• Grievance Redressal Mechanisms
• Overview of Fire, Marine, and Miscellaneous Insurance

Covers fire insurance policies, risk assessment, claims procedures, fire protection systems, and survey techniques specific to fire damage assessment.

11 Chapters + Annexures:

• Introduction to Marine Cargo Insurance
• Marine Insurance Terminology
• Indian Legislation/Rules vis-a-vis Marine Insurance
• Types of Marine Policies and Cargo Surveys
• Types of Losses and Critical Underwriting Aspects
• Rights of Recovery (Subrogation)
• Heavy Lift and Project Cargoes
• Cargo Claims and Case Studies

Marine hull insurance principles, vessel surveys, claims settlement procedures, and specialized maritime risk assessment.

Covers Contractor’s All Risks (CAR), Erection All Risks (EAR), Machinery Breakdown Insurance, and engineering project surveys.

13 Comprehensive Chapters:

• History and Market Practice of Motor Insurance in India
• Motor Insurance Underwriting
• Types of Motor Policies and Add-on Covers
• Own Damage Claims Assessment
• Third Party Liability Claims in India
• Motor Accident Claims Tribunal (MACT)
• Legal Aspects and Motor Vehicle Act
• Grievance Redressal Mechanism
• Fraud Management and Internal Audit
• Use of Technology in Motor Insurance

14 Chapters covering:

• Health Insurance, Burglary Insurance, Money Insurance
• Fidelity Guarantee, Bankers Indemnity, Jewellers Block
• Package Insurance and Specialized Covers
• Liability Insurance and Rural Insurance
• Personal Accident and Travel Insurance
• Reinsurance Principles

11 Chapters including:

• Introduction to Consequential Loss Insurance
• Historical Background & Development
• Understanding Business Income Risks
• Fire Consequential Loss Insurance (Parts I & II)
• Machinery Loss of Profit Insurance
• ALOP/DSU Insurance Basics
• Assessment of Losses and Role of Surveyor
• Practical Case Studies

13 Chapters covering:

• Introduction to Indian Agriculture
• Risks in Agriculture
• History of Crop Insurance in India
• Yield Index Based and Weather Based Crop Insurance
• Pradhan Mantri Fasal Bima Yojana (PMFBY)
• Traditional Crop Insurance
• Production Risk Perils
• Crop Loss Assessment Principles
• Use of Modern Technologies (Remote Sensing, Drones)
• UPIS (Unified Package Insurance Scheme)

Candidates must secure at least 60% marks (60 out of 100) in each subject to pass the examination.

There is no restriction on the number of attempts. However, you must complete training and pass the examination within 3 years from the date of enrollment.

Yes, you can appear for S-01 (compulsory) along with one or more specialized subjects in the same examination session, subject to your qualification and branch enrollment.

Yes, candidates must complete the prescribed practical training and submit quarterly training reports to IRDAI before they are eligible to appear for the examination.

The examination is conducted online with Multiple Choice Questions (MCQ) format. Each subject has 100 marks, and the duration varies per subject.

Study materials can be purchased online from the Insurance Institute of India website. Materials are available in both Hindi and English (except S-01 and S-09, which are English only). You can also enroll in our comprehensive online courses above.

After passing the examination and completing all training requirements, you can apply for an Insurance Surveyor and Loss Assessor License from IRDAI through the BAP Portal. The license is valid for 3 years and must be renewed.

Insurance Surveyors can work independently as self-employed professionals or with insurance companies. Average earnings range from ₹2.5-3 lakhs per annum for beginners, with experienced surveyors earning significantly more. The profession offers flexibility, independence, and growing opportunities.

After obtaining your license in one department, you can apply for additional specializations by completing 8 weeks of training under an experienced surveyor in that line of business and passing the relevant examination.