III IC-26 Study Material: What to Use
One official book, as print, eBook or audio. Here is how to get it and what to read alongside it.
The official IC-26 study material is III's own study course, IC-26 Life Insurance Finance (Revised Edition 2023). It comes as a printed book (₹800 in English, ₹650 in Hindi), an eBook for ₹150 plus GST, or an audiobook in English or Hindi for ₹100 plus GST.
There are no compulsory classes. The book follows the 15 chapters of the syllabus, from elementary accounts to anti-money laundering. It is a 2023 text, though, and several of the rules it describes were rewritten by IRDAI in 2024, so it needs a little help.
You save ₹250
- Full 100-question mocks
- Chapter-wise practice
- Section-wise sets
One payment, no subscription · Valid for 1 month
The Official IC-26 Study Course
From III's 2026 price list and Examination Handbook.
Printed book
Languages
English
Price (India)
₹800
Notes
2023 edition; delivered in 8-10 working days
Printed book
Languages
Hindi
Price (India)
₹650
Notes
2023 edition; delivered in 8-10 working days
eBook
Languages
As listed on III's eBook page
Price (India)
₹150 + GST
Notes
90-day subscription
Audiobook
Languages
English, Hindi
Price (India)
₹100 + GST
Notes
90-day subscription; free for visually challenged candidates
| Format | Languages | Price (India) | Notes |
|---|---|---|---|
| Printed book | English | ₹800 | 2023 edition; delivered in 8-10 working days |
| Printed book | Hindi | ₹650 | 2023 edition; delivered in 8-10 working days |
| eBook | As listed on III's eBook page | ₹150 + GST | 90-day subscription |
| Audiobook | English, Hindi | ₹100 + GST | 90-day subscription; free for visually challenged candidates |
How to Buy It
- 1
Update your address first
III ships to the correspondence address in your profile when you pay. An address changed afterwards is not used.
- 2
Order from your login
Go to Study Material > Purchase Online for the printed book, or E-book/Audio Book on the same menu. You can also tick the study course box while enrolling for the paper, email III Mumbai, or buy through your local Associated Institute.
- 3
Track the dispatch
Status appears under Study Material > Study Material Dispatch Status. Books once dispatched cannot be returned or replaced.
Print, eBook or Audio?
- check_circlePrint is the only format you keep. Choose it if your preparation will run past 90 days, or if you want to work the accounts and ratio examples with a pencil.
- check_circleThe eBook is the cheapest and instant, but expires after 90 days. Buy it only when you are ready to start.
- check_circleThe audiobook suits a second pass on the tax and AML chapters. It is a poor fit for final accounts, budgeting and financial analysis, which need working through on paper.
- check_circleStudying in Hindi? The book and audiobook both exist in Hindi. III's handbook says most papers are conducted in English, with efforts under way to offer more in Hindi, so check the language options for your session when you enrol.
Quick practice on accounts and ratios. No signup.
The Book Is the Core, Not the Boundary
III's handbook calls its syllabus "indicative and not exhaustive" and says questions will not necessarily come from the study courses only. For Associateship papers like IC-26 it adds that candidates must be able to apply the concepts to practical situations and keep up with current developments in the industry.
Where the 2023 Text Has Been Overtaken
Read these chapters alongside the regulator's current text.
5. Expenses of Management
What changed after the book
IRDAI's Expenses of Management, including Commission, of Insurers Regulations 2024 came into force on 1 April 2024. They set the board-approved expense and commission policies and the life insurer's segment-wise limits.
What to read
The 2024 Regulations on IRDAI's website
6. Investments
What changed after the book
Newer insurer accounting policies cite IRDAI's Actuarial, Finance and Investment Functions of Insurers Regulations 2024 and its Master Circular of 17 May 2024, in place of the older investment regulations.
What to read
The 2024 Regulations and Master Circular
| Chapter | What changed after the book | What to read |
|---|---|---|
| 5. Expenses of Management | IRDAI's Expenses of Management, including Commission, of Insurers Regulations 2024 came into force on 1 April 2024. They set the board-approved expense and commission policies and the life insurer's segment-wise limits. | The 2024 Regulations on IRDAI's website |
| 6. Investments | Newer insurer accounting policies cite IRDAI's Actuarial, Finance and Investment Functions of Insurers Regulations 2024 and its Master Circular of 17 May 2024, in place of the older investment regulations. | The 2024 Regulations and Master Circular |
What Else Helps
The best supplement is a real life insurer's annual report. Its Revenue Account, Balance Sheet, schedules and notes on significant accounting policies show chapters 3 to 7 in practice: when premium is recognised, how benefits paid are booked, how investments are valued. Listed life insurers publish these on their websites.
Keep in mind that each insurer's accounting policy is its own. Two insurers can treat the same item differently, so learn the regulation as the rule and the annual report as an example of it.
Reading Is Not Recall
Finishing the book tells you what you have read, not what you can answer in two hours. After the first full read, switch to questions: they show which accounting rules you can apply and which you can only recognise.
FAQs
Which is the official book for IC-26?expand_more
III's own study course, IC-26 Life Insurance Finance (Revised Edition 2023), available in English and Hindi.
What is the price of the IC-26 book?expand_more
₹800 for the English printed book and ₹650 for the Hindi one in India. The eBook is ₹150 plus GST and the audiobook ₹100 plus GST, each for 90 days.
Is the IC-26 book available as a PDF?expand_more
III sells a 90-day eBook subscription, not a PDF download. Files circulating as an "IC-26 PDF" are not issued by III.
Is the IC-26 study material available in Hindi?expand_more
Yes. The printed book and the audiobook are both available in Hindi.
Is the book enough to pass IC-26?expand_more
It is the core, but III says questions are not confined to it, and its expenses of management and investment chapters predate IRDAI's 2024 regulations. Pair a full read with the current regulations and timed practice.
Access exam-specific mock tests directly from your Android device.Next steps
- Syllabusarrow_forward
- Preparationarrow_forward
- Previous Year Papersarrow_forward
- Fees & Validityarrow_forward
Reading is not recall. A timed, scored paper shows what stuck.