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100+ Free IRDAI Surveyor Engineering (S-05) Practice Questions

Pass your IRDAI Surveyor & Loss Assessor Exam — Engineering (III S-05 / IC-77) exam on the first try — instant access, no signup required.

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2026 Statistics

Key Facts: IRDAI Surveyor Engineering (S-05) Exam

60%

Pass Mark

III surveyor pre-licensing exam regulations

S-05

Engineering Paper Code

III surveyor subject list / IC-77 alignment

₹50 Lakh

Ombudsman Limit

Insurance Ombudsman Rules (post-Nov 2023 amendment)

2 Hours

Exam Time Limit

III examination guidelines

IC-77

Engineering Study Course

III Engineering Insurance course mapping to S-05

30 Days

Report Submission Limit

IRDAI Surveyor Regulations Code of Conduct

III conducts IRDAI surveyor pre-licensing online MCQs with 60% pass. Engineering candidates take S-05 (IC-77) plus compulsory S-01. Fees are ~₹500 registration fee for fresh candidates and ~₹500 per subject + GST exam fee. Practice here targets engineering policy covers, claims assessment, and survey practice.

Sample IRDAI Surveyor Engineering (S-05) Practice Questions

Try these sample questions to test your IRDAI Surveyor Engineering (S-05) exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1What is the primary basis of Sum Insured under a standard Contractors All Risks (CAR) policy in India?
A.The market value of the completed structure at the time of loss
B.The estimated project cost as per contract, including materials, freight, customs duty, and erection costs
C.The cost of the materials only, excluding labor and transport
D.The replacement cost of construction machinery used on site
Explanation: Under a CAR policy, the Sum Insured must represent the fully erected value of the contract works, which includes materials, freight, customs duties, erection costs, and other expenses.
2Which of the following parties is typically NOT registered as a joint insured under a standard Contractors All Risks (CAR) policy?
A.The Principal / Owner of the project
B.The Main Contractor
C.The Sub-contractors
D.The raw material suppliers who do not work on-site
Explanation: Only parties with a direct physical insurable interest in the works being executed on the site (Principal, main contractor, sub-contractors) are named. Raw material suppliers off-site do not have insurable interest in the construction works itself.
3Under a Contractors All Risks (CAR) policy, if construction work is completed in phases, when does the coverage for a specific phase normally terminate?
A.Upon completion of the entire project specified in the policy schedule
B.Upon handover to or taking over by the Principal, or when put into service, whichever is earlier
C.Exactly at the expiry of the construction period stated in the schedule, regardless of usage
D.Exactly 30 days after physical construction of that phase ceases
Explanation: CAR coverage for a specific part of the work ceases once it is handed over to the principal, put into commercial service, or taken over, whichever occurs first.
4The Escalation Clause in a Contractors All Risks (CAR) policy serves which of the following purposes?
A.It automatically increases the premium if the contractor defaults
B.It covers unforeseen increases in the cost of materials and labor during the policy period, up to a specified percentage limit
C.It escalates the policy limits if the insured changes the scope of work without notice
D.It increases the deductible limit dynamically during natural disaster events
Explanation: The escalation clause is an add-on cover that allows for a pre-agreed percentage increase (e.g., 10% or 20%) in the Sum Insured to cover price escalation of materials and labor during the project.
5What is the standard built-in limit for debris removal costs under the contract works section of a standard CAR policy, unless a higher limit is opted and paid for?
A.No cover is provided unless an add-on is purchased
B.1% of the claim amount or ₹50,000, whichever is higher
C.1% of the total Sum Insured, subject to a maximum cap
D.10% of the contract value
Explanation: A standard CAR policy includes cover for the cost of clearing debris following a covered loss, usually limited to 1% of the Sum Insured of the affected property.
6What is the key differentiator between Erection All Risks (EAR) and Contractors All Risks (CAR) policies?
A.EAR covers only natural catastrophes whereas CAR covers accidental damage
B.EAR focuses on projects where the value of plant, machinery, and equipment to be erected exceeds the value of civil works
C.EAR does not have a testing or commissioning period cover
D.CAR is for public sector projects whereas EAR is for private sector projects
Explanation: While CAR is for civil projects (roads, buildings, dams), EAR is designed for electrical and mechanical installations (factories, power plants) where plant and machinery installation exceeds civil work.
7Under an Erection All Risks (EAR) policy, the testing and commissioning period cover is of critical importance. When does this testing period normally begin?
A.At the very beginning of the project when civil work starts
B.When the first machine is physically bolted to its foundation
C.Immediately when trial runs or testing of the machinery starts, after physical erection is completed
D.Exactly 12 months after policy inception
Explanation: The testing period cover starts from the introduction of power/load or start of trial runs of individual machines or the entire system after assembly/erection is completed.
8What is the standard maximum duration of the testing period covered under a basic Erection All Risks (EAR) policy schedule without paying extra premium for extension?
A.Exactly 12 months
B.Usually 4 weeks or 1 month for standard machinery, or as specified in the schedule
C.The entire construction duration is considered testing
D.Only the first 24 hours of trial run
Explanation: A standard EAR policy commonly includes a built-in testing period of 4 weeks (or 1 month) for standard mechanical/electrical works, unless a longer testing period is agreed and premium paid.
9Under an Erection All Risks (EAR) policy, what happens to the coverage of a machine if it fails during the testing phase and requires major repairs?
A.The entire policy is immediately cancelled by the insurer
B.Cover for that specific machine is suspended while it is being repaired, and resumes only after successful testing
C.The insurer pays for the repairs and the testing period automatically extends by 6 months free of cost
D.The machine remains fully covered under active testing conditions even while in a dismantled state for repairs
Explanation: If a machine fails during testing, the cover on that machine is suspended during repairs and reinstatement. It must undergo successful testing to be considered fully commissioned.
10Which of the following is typically covered under the Third-Party Liability (TPL) section of a CAR/EAR policy?
A.Injury to the contractor's own employees working on the site
B.Damage to property surrounding the site belonging to or held in care by the insured
C.Accidental bodily injury or property damage to members of the public arising directly out of the construction operations
D.Fines imposed by local regulatory authorities for safety violations
Explanation: The TPL section covers legal liability to third parties (members of the public) for accidental death, bodily injury, or property damage resulting from the contract works.

About the IRDAI Surveyor Engineering (S-05) Exam

The IRDAI Surveyor & Loss Assessor Engineering paper (S-05) is the specialised pre-licensing examination for candidates seeking Engineering department surveyor licensing. The study material aligns with IC-77 Engineering Insurance, covering Contractors All Risks (CAR), Erection All Risks (EAR), Machinery Breakdown (MBD), Electronic Equipment Insurance (EEI), and Boiler & Pressure Vessel policies. It details claims assessment, survey procedures, policy exclusions, warranties, surveyor duties, and grievance redressal under the Insurance Ombudsman (₹50 lakh limit).

Assessment

Department paper S-05 Engineering Insurance (IC-77). Candidates also require compulsory S-01. Practice weights: Engineering Policy Covers 25%, Claims Assessment 25%, Survey Practice 20%, Conditions/Warranties/Exclusions 15%, Principles/Legal/Redressal 15%.

Time Limit

As per III online slot booking (confirm current duration when scheduling)

Passing Score

60% (60/100)

Exam Fee

~₹500 per subject + GST exam fee, and ~₹500 registration fee for fresh candidates (Insurance Institute of India (III) on behalf of IRDAI)

IRDAI Surveyor Engineering (S-05) Exam Content Outline

25%

Engineering Policy Covers

CAR, EAR, MBD, EEI, and Boiler/Pressure Vessel policies, sum insured bases, and add-on covers

25%

Engineering Claims Assessment

Average/underinsurance, salvage, deductibles, and reinstatement value clause calculations

20%

Survey Practice

Inspection process, report writing, cause of loss investigation, and surveyor duties

15%

Conditions, Warranties & Exclusions

CAR/MBD exclusions, maintenance periods, warranties, and alteration of risk

15%

Principles, Legal Aspects & Redressal

General insurance principles, Ombudsman ₹50 lakh limit, and IRDAI surveyor licensing path

How to Pass the IRDAI Surveyor Engineering (S-05) Exam

What You Need to Know

  • Passing score: 60% (60/100)
  • Assessment: Department paper S-05 Engineering Insurance (IC-77). Candidates also require compulsory S-01. Practice weights: Engineering Policy Covers 25%, Claims Assessment 25%, Survey Practice 20%, Conditions/Warranties/Exclusions 15%, Principles/Legal/Redressal 15%.
  • Time limit: As per III online slot booking (confirm current duration when scheduling)
  • Exam fee: ~₹500 per subject + GST exam fee, and ~₹500 registration fee for fresh candidates

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

IRDAI Surveyor Engineering (S-05) Study Tips from Top Performers

1Understand the difference between Contractors All Risks (CAR) and Erection All Risks (EAR) policies regarding testing risks.
2Remember that Machinery Breakdown (MBD) Sum Insured must be based on the New Replacement Value (Reinstatement Value) of the machine.
3Master the average clause application in partial losses under MBD and EEI policies.
4Familiarise yourself with the Standard CAR exclusions (design defects, inventory shortage) and MBD exclusions (wear and tear, manufacturer liability).
5Memorise surveyor timelines: submit survey report within 30 days of appointment, and reply to insurer queries within 15 days.
6Keep in mind the updated Insurance Ombudsman limit of ₹50 lakh for policyholder grievance redressal.

Frequently Asked Questions

What is the IRDAI Surveyor Engineering exam?

It is the Insurance Institute of India pre-licensing online MCQ paper S-05 Engineering Insurance (aligned to IC-77 Engineering Insurance) required for Engineering department surveyor licensing under IRDAI, taken with compulsory S-01.

What is the passing score for the S-05 exam?

The passing score is 60% (60 marks out of 100) for the online MCQ papers conducted by the Insurance Institute of India.

How much is the IRDAI surveyor exam fee?

The exam fee is ~₹500 per subject + GST, and fresh candidates also pay a ~₹500 registration fee. Verify current fees on the III website during booking.

What is the time limit for the S-05 online exam?

The exam duration is set by III for the online MCQ paper; confirm the current slot duration when booking the exam on the III portal.

What is the Insurance Ombudsman compensation limit for complaints?

Following the latest Insurance Ombudsman Rule amendments (post-November 2023), the maximum compensation limit the Ombudsman can award is ₹50 lakh.

Who is eligible to register for the Engineering surveyor department?

Candidates holding academic or technical qualifications in engineering (degree or diploma) or specific professional credentials listed in Schedule-I of the IRDAI Surveyor Regulations, who have completed the prescribed trainee training, are eligible.