III IC-26 Eligibility and Registration
IC-26 is an Associateship compulsory, so the Licentiate comes first. Then enrol each session and book your slot.
To sit IC-26 you must already have passed III's Licentiate. The handbook is direct: it is necessary to pass the Licentiate examination before registration for the compulsory subjects of the Associateship, and IC-26 is one of them. A 10th pass gets you into III's exams, but not straight into IC-26.
IC-26 is the Life finance paper on the way to the Associateship (250 credit points). Once the Licentiate is done, getting into IC-26 is three steps: log in with your existing Registration Id, enrol in an enrolment window, and book your slot.
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Who Can Sit IC-26
Licentiate passed
What III says
IC-01 Principles of Insurance, plus IC-02 or IC-11, plus one optional paper: 60 credit points in all
Source
Examination Handbook, credit point system
Basic eligibility (for III registration)
What III says
Passed Matriculation, SSC or equivalent, or at least 3 years working with an insurer
Source
Examination Handbook
Age
What III says
Completed 18 years
Source
III FAQ on professional exams
Membership
What III says
Life member of an III Associated or Affiliated Institute (part of the registration you did for the Licentiate)
Source
Examination Handbook
Other Associateship compulsory
What III says
None required first. The second compulsory is IC-22 Life Insurance Underwriting (or IC-45 for Non-Life)
Source
Examination Handbook, Associateship structure
| Requirement | What III says | Source |
|---|---|---|
| Licentiate passed | IC-01 Principles of Insurance, plus IC-02 or IC-11, plus one optional paper: 60 credit points in all | Examination Handbook, credit point system |
| Basic eligibility (for III registration) | Passed Matriculation, SSC or equivalent, or at least 3 years working with an insurer | Examination Handbook |
| Age | Completed 18 years | III FAQ on professional exams |
| Membership | Life member of an III Associated or Affiliated Institute (part of the registration you did for the Licentiate) | Examination Handbook |
| Other Associateship compulsory | None required first. The second compulsory is IC-22 Life Insurance Underwriting (or IC-45 for Non-Life) | Examination Handbook, Associateship structure |
How to Enrol for IC-26
You already have a Registration Id from the Licentiate. Do not register again.
- 1
Log in
Use the login you created for the Licentiate. If you never mapped your profile, do it once with your Registration Id and date of birth; if that fails, email [email protected].
- 2
Check your Licentiate shows as passed
III allows registration for Associateship compulsories only after the Licentiate is passed, so wait for the result that completes your 60 credit points and the Licentiate.
- 3
Enrol for IC-26
In the enrolment window (5th to 15th of January, April, July or October), add IC-26 and pay ₹900 plus taxes. The first time you enrol for an Associateship compulsory, III's fee table also lists a one-time ₹1,100 Associateship registration fee, charged in place of a diploma fee.
- 4
Add other papers if you want
You can sit up to 6 papers in one session, for example IC-26 with IC-22 and Associateship optionals.
- 5
Book your slot
In the slot-booking window, pick your exam date, time and centre. Your hall ticket is downloaded at this step.
Book Your Slot, or the System Books It for You
Slots go first come, first served. If you enrol but do not book in the slot-booking window, III's system auto-books you onto an available date and time. A booked slot cannot be changed under any circumstances, and the fee is neither refunded nor carried forward.
See the question style before you enrol. No signup.
Chartered and Cost Accountants
III's handbook has special rules for two accounting bodies, both of which touch IC-26.
- ICAI Associates and Fellows (ACA / FCA)
- Get 100 credit points for prior learning and are deemed to have passed IC-26 (or IC-46) for the compulsory-subject rule. They still have to pass IC-01, IC-02 or IC-11, and IC-22 or IC-45. If they sit IC-26 anyway, they get no credit points for it.
- ICAI members with the DIRM diploma
- Get 180 credit points and are deemed to have passed IC-01, IC-02 or IC-11, and IC-26 or IC-46. They must pass IC-22 or IC-45, and get no credit for IC-26 if they sit it.
- ICMAI Associates and Fellows (ACMA / FCMA)
- Get 100 credit points and must pass IC-01, IC-02 or IC-11, and IC-22 or IC-45. They are not allowed to appear for papers 26, 46 and 89 to collect further credit points.
Changes You Can Make, and When
- checkSwap IC-26 for another 30-credit paper: online, during the enrolment period only.
- checkIf you change a compulsory paper to an optional one, the one-time Associateship fee is not refunded, but III does not charge it again when you later enrol for a compulsory.
- checkChange of exam centre: only up to the last date of enrolment.
- checkAddress, mobile and email: any time from your login.
- checkNothing after slot booking: the date, time and centre are fixed.
FAQs
What is the eligibility for the III IC-26 exam?expand_more
You must have passed III's Licentiate (60 credit points: IC-01, IC-02 or IC-11, and one optional). The Licentiate itself needs a 10th pass or three years' work with an insurer, and III's FAQ says candidates must have completed 18 years.
Can I sit IC-26 without passing the Licentiate?expand_more
No. III's handbook requires the Licentiate to be passed before you register for any Associateship compulsory, and IC-26 is one.
Do I have to pass IC-22 before IC-26?expand_more
No. The handbook sets no order between the two Associateship compulsories, and you can sit both in the same session, up to 6 papers in all.
Do chartered accountants need to sit IC-26?expand_more
No. ICAI Associates and Fellows are deemed to have passed IC-26 for the compulsory-subject rule, and get no credit for it if they sit it. Cost accountants (ACMA / FCMA) are not allowed to sit IC-26 at all.
Next steps
- Fees & Validityarrow_forward
- Exam Datesarrow_forward
- IC-26 vs IC-46arrow_forward
- III Licentiate examarrow_forward
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