Courses:

The following Courses are offered under distance mode for Diploma.

• Diploma in Life Insurance 
• Diploma in General Insurance 
• Diploma in Risk Management 

Eligibility:

HSC in any discipline from a recognized educational Institute.

Step 1: Admissions are open into Diploma in Distance Learning program on continuous basis, twice in a year i.e., JANUARY batch and JULY batch.

• January Batch:
  Applications received from 1st July to 31st December will be considered for admission into JANUARY batch. The application registration fee is Rs 500/- payable by way of demand draft favouring IIRM (or) pay online from the IIRM web site, before 31st December.

  These candidates will be eligible for appearing contact classes/examinations in the months of June / July. (Schedule will be notified on the webpage 1 month in advance).

• July Batch:
  Applications received from 1st January to 30th June will be considered for admission into JULY batch. The application registration fee is Rs 500/- payable by way of demand draft favouring IIRM (or) pay online from the IIRM web site, before 30th June.

  These candidates will be eligible for appearing contact classes/examinations in the months of December / January. (Schedule will be notified on the webpage 1 month in advance).

Step 2: Candidates desirous of taking admission in the distance Courses of the Institute are advised to go through the information provided on the website thoroughly and once satisfied, apply for admission.

Step 3: Interested candidates have to submit the application form (download the Application form from
website: www.theiirm.ac.in Distance Education to IIRM.

Step 4: Payment Link for Registration fee is  https://pages.razorpay.com/iirmpayment

The application is considered upon payment of application fee only.

Step 5: Applications are placed before the admissions
committee of IIRM and selected candidates will be informed in a week.

Candidates applying from outside India should observe the following:

The following amounts are to be paid by students residing outside India (foreign / NRI students) in form of Demand Draft drawn on IIRM on any bank in India

• Registration Fee of US $30 along with their filled-in Application Forms
• Course Fee of US $ 2500 to be paid in lumpsum within the stipulated date.
• There is no fee for appearing for the Exams for the first time.
• Study and other reading material will be sent to the bonafide students by air-mail to the address provided by them in their Application Forms.
• Students have to submit Assignments (if any) sent to them by the prescribed dates. Only those who submit them to the Institute on time will be permitted to appear for the Exams.
• A student who is admitted to a distance course should pass all subjects and obtain Diploma within a period of two years – starting from the year of his/her enrolment, after which period the admission gets automatically lapsed.
• IIRM has no appointed agents overseas for this or any other Programme.

Diploma in Insurance courses is so designed for the qualified participants would contribute effectively to the progress of their organizations and society. The courses provide the conceptual foundation as well as practical aspects which are relevant and are experienced in the everyday business situations. The Diploma qualification provides the students with a solid foundation for excellence in work performance and gives a distinct advantage in their career advancement in the fields of insurance. IIRM’s innovative approach, course structure and content, instructional methodologies, committed faculty and the international recognition have established its Diploma as a leading qualification.

Diploma in Life Insurance 

This Course has 6 subjects. The course is uniquely designed to provide refined skills needed for professionals of Life insurance.

• Legal & Regulatory Environment
• Insurance Business Finance
• Health Insurance
• Principles & Practice of Life Insurance
• Life Insurance Underwriting
• Life Insurance Claims Management

 Diploma in General Insurance 

This Course has 6 subjects. The course is designed keeping in view the essential knowledge required by the professionals of General Insurance.

• Legal & Regulatory Environment
• Insurance Business Finance
• Health Insurance
• Property & Business Interruption Insurances
• Motor Insurance
• Cargo & Marine Insurance

Diploma in Risk Management 

The forces of liberalization and globalization are leading to rapid economic development and progress. The increased opportunities also bring myriad risks. Organizations have realized that, in order to perform under this environment, they must increasingly be competent in identifying and managing risks. IPGDRM is designed for those who wish to be forefront in this expanding and challenging field. The course provides specialized knowledge for professional careers involving in managing risks in financial institutions such as insurance and banks. There are 6 subjects in this course.

• Legal & Regulatory Environment
• Insurance Business Finance
• Health Insurance
• Fundamentals of Risk Management
• Risk Management in Banking, Insurance & Financial Services
• Risk Management in Financial Institutions & Treasury Risk Management

Study Material:

Every student admitted to a Course is provided with study material for each Subject.

Maximum Period for Completion, of Course:

A student who is admitted to a distance course should pass all subjects and obtain Diploma within a period of two years, starting from the year of his enrolment, after which his/her admission gets automatically lapsed.

Jurisdiction:

All disputes are subject to the jurisdiction of the courts at Hyderabad.

For Diploma in LI/GI/RM :

India based candidates: Course fee for each Course is Rs. 90,000/- + GST which should be paid in lumpsum or two equal installments before the scheduled date by means of a DD favouring IIRM, Hyderabad payable at any scheduled bank in Hyderabad or candidates may also pay online via payu portal by clicking on the “PayFee” icon on the IIRM web page.

Identity Card: Each candidate will be issued an Identity card with his photograph / signature / Roll number etc., for academic purposes.

Non Resident Indian Candidates(Special Category):
Course fee is Rs. 1,00,000/- + GST, which should be paid in lumpsum or two equal installments.

Forein Students:
Course fee is USD 2,500/- + GST, which should be paid in lumpsum at the time of admission.

• Fee once paid will not be refunded under any circumstances. Course fee is subject to revision any time at the discretion of IIRM.
• Exam Fee: There is no Exam Fee for appearing Exams for the first time.
• Rs. 1000/- + GST for each paper has to be paid for appearing Re-sit Exams conducted for those who failed to secure 55% in any subject.
• You may pay the registration fee and course fee online by using our payment gateway. Please go to home page on IIRM website and click the right-side icon “PAY NOW” feature, which will enable you to pay IIRM using your debit/credit card or net banking.

Payment Link for Registration fee is  https://pages.razorpay.com/iirmpayments 

Yearly twice – June / July & December / January
IIRM undertakes mixed assessment for the Diploma examination
Mixed assessment consists of

• Hand written assignment submission across the course tenure

• Online examination at the end of the program.