LIC ADO Syllabus 2021 - Exam Pattern and Recommended Books

LIC ADO Syllabus for Insurance and Financial Marketing Awareness

Indian Financial System - Overview, Financial Markets, Money Market, Primary & Secondary Market,  Government Securities & Debt Market, Financial Institutions, Forex, Banking System In India, Financial System in India, Important Changes in Financial sector, Investment & Dis-investments, Financial Inclusion- important milestones, Financial Sector Technology, Finance- Bitcoins, Crowdfunding, Corporate Governance in Financial Sector, Budget, Economic Survey, Key Factor of Inflation (WPI and CPI), GDP rate, IIP rate.

Insurance Awareness - Insurance Basics, Principles of Life Insurance, Human Life Value, Mutuality and Diversification, Insurance Contract, Insurance Pricing- Basics, Documentation at various stages, Insurance Products, Life Insurance, LIC, General Insurance, GIC, Important Insurance Companies and their Policies, Important Insurance Terminology, Property Insurance, Insurance Tools, Insurance Contract Features, Claims Types and Procedures, Selling Process, Insurance and Social Security, Customer Service, Health Insurance, Motor Insurance and Miscellaneous.

LIC ADO Recommended Books

After understanding the LIC ADO syllabus, candidates must purchase some good books for preparation. We suggest buying only one book per subject or just one book that comprises of all the subjects. Making a pile of books on your study desk will only increase the pressure. Here are some of the recommended books for LIC ADO exam:

Here are some more suggestions for subject-wise books.

Books for Reasoning

Books for English

Books for General Awareness

Books for Numerical Ability

Books for Insurance Awareness

Along with the books, candidates can also buy solved sample papers for practice. Solving previous years’ questions papers is also useful as it provides an idea about the type of questions, level of difficulty, important topics, etc.

LIC ADO Preparation Tips

Now that you know about the exam pattern, syllabus, and books for the exam, you are all set to begin your exam preparation. Here are some tips and trick that will help you in the preparation and during the exam phase.

• Make a time-table that fits into your daily routine. You have to make it a daily habit to study for the exam. While making the time-table, set goals on how much syllabus is to be covered on a weekly and monthly basis.
• Take time out for each subject daily. Make a list of easy and difficult topics and set priority for studying them. Allot more time for studying difficult topics.
• Make notes for important points while you are studying. These notes come in handy while revising.
• Solve questions related to each topic after completing the topic. This will help you analyse your understanding of the topic.
• Solve sample papers and previous years’ question papers regularly to check your preparation level.

Subject-Wise Preparation Tips

We have also shortlisted some subject-wise preparation tips for helping the aspirants. Just take a look.

Numerical Ability - Numerical ability is all about practice. The more you practice, the clearer will be the concepts. Revise the formulas daily, they must be at your fingertips. Work on the problems which you find difficult, repeatedly.

Reasoning Ability - Just like Numerical ability, Reasoning ability also requires practice. There are some tricks and methods to solve complex questions quickly. Practice them rigorously. Focus more on the topics which are frequently asked in the previous years’ papers.

General English - For the reading comprehensions, there is a trick to first read the questions quickly and then read the passage. This saves time as the questions are in your mind and you can find answers while reading the passage. Practice reading comprehension daily. Brush up on your grammar and vocabulary.

General Knowledge and Insurance Awareness - Mug up the static GK questions such as books and authors, awards, dates, etc. For current affairs, read the newspaper daily or follow a news channel. Reading the newspaper also helps in the English section.

Insurance - Clear the basic concepts and terminology. Check out previous years’ question pacers for the type of questions and practice them regularly.

We hope that by implementing these tips in their preparation candidates will score high marks in the LIC ADO exam 2019.

Last-Minute Tips for LIC ADO Exam

These tips will help you during the last weeks or month before the examination.

Revision Tips

Candidates must finish preparing the entire LIC ADO syllabus at least one month before the exam so that there is ample time for revision. Here are the tips for revision:

• Revise each topic daily. Don’t keep everything for the last night before the exam.
• Revise all tricks, formulas, and topics.
• Make your strategy for approaching the question paper.
• Appear for the mock test, analyse your performance, and re-appear.
• Keep the marking scheme in your mind.

Self-Care Tips

You need to stay fit before the exam. So, do take good care of yourself.

• Do not eat out. Eat home-cooked healthy food to keep your body light.
• Practice yoga and meditation to maintain your calm.
• Do exercise to keep your mind active.
• Take proper sleep a night before the exam to wake up fresh.
• Do not take stress and avoid negative thoughts before the exam.

Exam Day Tips

• Carry all the requisite items (admit card, ID proof, etc.) to the exam centre.
• Reach the examination centre on time.
• Do not waste time by talking to other candidates during the exam.
• Don’t put a lot of time into one question if you are finding it difficult. Move to the next question.
• Attempt the question you are sure about first.
• Keep a check on time.

LIC ADO 2021 Overview

About LIC ADO

LIC ADO exam is conducted by the Life Insurance Corporation of India for recruiting at the post of Apprentice Development Officer (ADO). His job profile includes understanding the policy and identifying the area of sales. He mainly works as a sales supervisor. He is also responsible for hiring agents for selling LIC policies as well as training these agents. Performance analysis of agents and motivating the agents also comes under the work profile of a LIC ADO. Thus, his profile can be defined as a management cum marketing profile.