The IC 22 book — Life Insurance Underwriting — published by the Insurance Institute of India (III) — is the complete study material for life insurance professionals preparing for the Associateship exam. Whether you need the IC 22 book PDF, free eBook, chapter-wise notes, or a structured online course, this page has everything you need to clear the exam with confidence.
About IC 22 – Life Insurance Underwriting
IC 22 is the Life Insurance Underwriting paper of the III Associateship examination. It covers the science and practice of assessing and accepting life insurance risk — from medical and non-medical underwriting to special cases and reinsurance. This subject is essential for professionals working in underwriting departments of life insurance companies like LIC, SBI Life, HDFC Life, ICICI Prudential, and Max Life.
Topics Covered in the IC 22 Book
- Concept and purpose of underwriting in life insurance
- Medical and non-medical underwriting
- Risk factors — age, health, occupation, habits, family history
- Numerical rating system and extra premium loading
- Special underwriting situations — substandard lives, female lives
- Group life insurance underwriting
- Reinsurance in life insurance — types and purpose
- Underwriting of riders and add-on covers
- IRDAI underwriting regulations and guidelines
- Fraud detection and prevention in underwriting
Download the IC 22 Book Free on Telegram
The official IC 22 book PDF by III is available free on our Telegram channel. Join below to download it instantly along with eBooks for all other IC subjects — completely free.
📲 Join Telegram – Get IC 22 Book Free (@iiibookspdf)
The channel also shares chapter-wise MCQs, important questions, numerical examples on rating systems, and exam tips — all completely free.
Enroll in the IC 22 Online Course
The IC 22 book involves both conceptual understanding and numerical calculations — particularly the rating system and extra premium loading. Our online course breaks every chapter into simple notes with solved examples and MCQ practice so you are exam-ready.
- ✅ Chapter-wise notes in simple, clear language
- ✅ Solved numerical examples on premium loading and rating
- ✅ Practice MCQs after every topic
- ✅ Full mock tests on Associateship exam pattern
- ✅ Works on Android, iOS, and desktop
- ✅ Doubt support via Telegram
🎓 Enroll in IC 22 Course – Study4Insurance
Other III Associateship Books You May Need
If you are preparing for the III Associateship exam, these subjects are commonly studied alongside the IC 22 book:
- IC 02 – Practice of Life Insurance
- IC 26 – Life Insurance Finance
- IC 01 – Principles of Insurance
- IC 14 – Regulations of Insurance Business
All III eBooks — Licentiate, Associateship, and Fellowship — are available free on our Telegram channel @iiibookspdf.
Frequently Asked Questions
Where can I download the IC 22 book PDF for free?
Join our Telegram channel @iiibookspdf to download the IC 22 book PDF free along with all other III eBooks instantly.
What level is IC 22 — Licentiate or Associateship?
IC 22 is an Associateship level paper. Candidates should complete the Licentiate exam (IC 01, IC 02, IC 14) before appearing for IC 22 under the life insurance stream.
What is the numerical rating system in IC 22?
The numerical rating system is a method used in life insurance underwriting to quantify risk. Each risk factor — such as medical condition, occupation, or lifestyle habit — is assigned a numerical value (debit or credit). The total determines whether the life is accepted at standard premium, charged an extra premium, or declined. This is one of the most important and frequently tested topics in the IC 22 book.
How many questions are in the IC 22 Associateship exam?
The IC 22 exam has 50 objective-type MCQ questions to be completed in 60 minutes. A minimum score of 50% is required to pass. The exam is conducted online by the Insurance Institute of India.
Is IC 22 difficult to pass?
IC 22 is considered moderately challenging due to its mix of conceptual and numerical topics. With the IC 22 book, structured notes, and regular MCQ practice, most candidates clear it in their first attempt. Our Study4Insurance course is specifically designed to make this subject manageable.