**IC-38 Examination Overview:** The IC-38 2026 syllabus for insurance agents, regulated by IRDAI and conducted by the Insurance Institute of India, comprises 21 chapters divided into Common, Life, and Health Insurance sections. A minimum score of 35% (18/50) is required to pass. **Exam Details:** **Total Questions:** 50 MCQs   **Total Marks:** 50 (1 mark each)   **Passing Marks:** 18/50 (35%)   **Negative Marking:** None   **Duration:** Typically 1 hour (varies by centre)   **Important Rules:** 1. Report to the test centre 15-20 minutes early. 2. Latecomers (10-15 minutes after) will only get the remaining time. 3. Only candidates are allowed inside the test centre. 4. Bring at least one valid photo ID (e.g., PAN, Passport, Aadhar) or face disqualification. 5. Photo and signature will be verified against "iiiexams.org." 6. Only basic portable calculators allowed; no scientific or financial calculators. 7. Unauthorized items (phone...

  Providing financial protection for home loan borrowers is the objective of Mortgage Redemption Insurance (MRI).  The sum assured under a keyman insurance policy is generally linked to the business's profitability.  Mortgage Redemption Insurance can be categorized as a form of decreasing term life assurance. Keyman insurance covers losses arising from an extended period during which a key person is unable to work.  A policy is executed under the Married Women’s Property Act (MWP Act). If the policyholder does not appoint a special trustee to receive and manage the benefits under the policy, the sum secured under the policy will be payable to the Official Trustee of the State. Mahesh ran a business on borrowed capital. Following his sudden death, creditors are working to recover Mahesh's assets. However, a term life insurance policy purchased under Section 6 of the MWP Act is protected from creditors.  Under the MWP Act, maturity claims are paid to trustees. For...