III IC-45 Eligibility, Registration and Fees
IC-45 opens once you have the Licentiate. Here is what you pay and how to enrol.
IC-45 is an Associateship paper, and III's handbook says Associateship papers are open for registration only after you have qualified the Licentiate. So the real first step is finishing the Licentiate, not enrolling for IC-45.
Once you have it, you already hold a Registration Id, so the only exam cost is the paper fee of ₹900 plus taxes per attempt.
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Who Can Sit IC-45
| Requirement | What III says |
|---|---|
| Earlier exam | Licentiate qualified first |
| Stream | Compulsory for the Non-Life Associateship; Life candidates take IC-22 instead |
| Companion paper | Non-Life candidates also take IC-46 (Life candidates take IC-26) |
IC-45 Fees
III's fee table for fresh candidates, with effect from 1 April 2026.
IC-45 paper fee (30 credit points), per attempt
India
₹900 + taxes
Overseas
₹3,900
Registration, one time, if you have never registered
India
₹800 + taxes
Overseas
₹3,500
| What you pay | India | Overseas |
|---|---|---|
| IC-45 paper fee (30 credit points), per attempt | ₹900 + taxes | ₹3,900 |
| Registration, one time, if you have never registered | ₹800 + taxes | ₹3,500 |
How to Enrol
- 1
Log in with your existing account
Your Licentiate Registration Id covers every later III exam. Do not register again.
- 2
Enrol in an enrolment window
Add IC-45 and pay the paper fee. Windows are on the exam dates page.
- 3
Book your slot
In the slot-booking window, choose your date, time and centre and download your hall ticket.
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Your Credit Points Expire
III's handbook says credit points are valid for 5 years from passing. Plan the Associateship so early passes do not age out before you finish.
Check Before You Pay
Fees, dates and rules are set by the Insurance Institute of India and can change. Confirm them on insuranceinstituteofindia.com before you pay.
FAQs
Can I sit IC-45 before the Licentiate?expand_more
No. III's handbook makes Associateship papers available only after the Licentiate is qualified.
What is the IC-45 exam fee?expand_more
₹900 plus taxes per attempt in India, as a 30-credit paper.
Is IC-45 compulsory?expand_more
Yes for the Non-Life stream of the Associateship. Life candidates take IC-22 instead.
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