If the IIQE insurance exam has more than one exam paper, which exam paper should I partake in first? How should I prioritise and organise my exam schedule?

June 15, 2021

Many students who are new to the insurance industry would ask us: “ Which paper should I take first when the Insurance Intermediaries Qualifying Examination (IIQE) has that many papers? “

 

Which exam paper should I take first?

The Insurance Authority (AI) has no requirement for the order of passing the exam in all the qualification exam papers. Candidates can apply for different exam papers according to their needs and decide the order of their own. We recommend that students start with the paper 1 exam, because the paper 1 exam is the foundation, and many of the other papers are part of the content of the paper 1 exam, or an extension of a certain chapter of the paper 1 exam. Studying paper 1 allows the candidate to have a relatively macro and clearer mind map of various concepts, hence it is easier for the candidates to connect the different concepts.

 

Let me briefly talk about the characteristics of other IIQE exam papers

 

  • The examination content for paper 2 is an extension of general insurance. Generally speaking, the length of this exam is short but the content itself is more challenging compared to other papers; as it covers quite a broad spectrum of knowledge that does not have direct connections or similarities between each of the concepts. However, the first two chapters of the paper 2 exam have amounted to 80% of the entire paper. 

 

  • Paper 3’s content consists of an extension of long-term business examination topics, which in comparison is relatively short and easy to understand compared to other papers. In other words, paper 3 is the easiest paper among all 4 papers. 

 

  • Paper 5 is an exam for insurance intermediaries who sell investment-related insurance products. This paper contains a lot of economics, financial and risk-related examination topics; hence candidates will need to recite formulas and calculation methodologies. The length of the exam is relatively longer than other papers. As per the difficulty level of the paper 5’s exam, we would say that it is average in difficulty. The IIQE paper 5 exam has a high level of similarity with the HKSI LE paper 7 and 8. 

 

How can we help?

2CExam provides HKSI LE, IIQE, EAQE and SQE related exam preparation materials. We sell mock question banks for IIQE Papers 1, 2, 3, 5 and MPFE in Chinese and English; and bibles for IIQE Papers 1, 2, 3, MPFE in Chinese. We also offer 1 on 1 tutorial services. Besides, we have also made free tutorial videos for IIQE Papers 1, 2, 3 and MPFE and posted on public channels such as Youtube/ Bilibili/ Tencent/ Iqiyi. 2CExam has been an exam training expert for years. Should you need any help please visit www.2cexam.com or contact us through:

Phone +852 2110 9644 Email: [email protected] Wechat: hk2cexam WhatsApp: +852 9347 2064

 

Please support us by leaving comments and likes if you think this article helps you!

You can scan or click on the QR codes to visit our social media.

Latest Article

Categories

過往文章

Contact US

Interesting Articles

Why would it be a disadvantage for foreigners to take the IIQE exam?

September 6, 2021

  Some students who have taken the exams several times may pay attention to both the Chinese and English questions simultaneously, they will find that the content of the questions in Chinese or English exam is actually the same. Sometimes the topics are more difficult to understand in Chinese, and some topics are more difficult…

Why is it a disadvantage for foreigners to take the HKSI LE securities exam?

September 3, 2021

  The HKSI LE exam provides two languages, Chinese and English, and both are provided during the exam.   Some students who have taken the exams several times may pay attention to both the Chinese and English questions simultaneously, they will find that the content of the questions in Chinese or English exams is actually…

Which IIQE exam is easier? The English version or the Chinese version?

September 2, 2021

  From time to time, students who purchase mock questions will ask us whether it is better to take the IIQE exam in Chinese or English?   Some students who have taken the exams several times may pay attention to both the Chinese and English questions simultaneously. They will find that the content of the…

Is the HKSI LE exam easier to take in English? Or in Chinese?

September 1, 2021

  From time to time, students who purchase mock questions will ask us whether it is better to take the HKSI LE exam in Chinese or English?   If you have taken the exams several times and have paid attention to both the Chinese and English questions, you will find that the content of the…

Can I obtain an insurance license from the Insurance Authority (IA) without taking any examination if I have a foreign professional qualification?

August 13, 2021

Does the IA recognize insurance-related work experience gained outside of Hong Kong?   Some students will ask us what kind of work experience is considered as insurance related industry experience, because their academic qualifications do not meet the requirements. Some people might have the misconception, thinking that without a license, how can one have industry…

Can I apply for a real estate license from the EAA Estate Agent Authority if I have a criminal record?

August 13, 2021

  To apply for a real estate business license, you need to meet the “fit and proper” guidelines issued by the Estate Agent Authority (EAA). Estate Agent Authority will explore your past criminal records including but not limited to rigging, fraud or other dishonest acts, such as theft, handling stolen goods, using false documents, leaving…

Can I apply for an insurance license from the Insurance Authority if I have criminal records?

August 10, 2021

  To apply for an insurance license, you need to meet the “Fit and Proper” Guidelines issued by the Insurance Authority (IA). The IA will look into your past criminal records, the Monetary Authority / Securities and Futures Commission / MPFA / other relevant agencies’ sanction records, as well as whether there are any places…

If I have a criminal record, can I still apply for the SFC’s securities license?

August 9, 2021

  To apply for a securities license, you need to meet the Guidelines on Competence issued by the Securities and Futures Commission. Among them, the SFC will explore your past criminal records, whether you have ever had disciplinary actions, known frauds, misrepresentations, etc. in other licensed corporations in the past.   In other words, past…

What is counted as relevant industry experience under the IA license transition arrangements?

August 6, 2021

  One of the most repercussive reforms after the Insurance Authority took over the supervision of the insurance industry is the change of the minimum academic qualification requirement from Secondary school form 5 level to passing 5 subjects in the Hong Kong Certificate of Education Examination (HKCEE) / Hong Kong Diploma of Secondary Education (HKDSE),…

Minimum academic requirements for applying for an EAA license

August 6, 2021

  Is there a minimum education requirement for the real estate industry?   The conditions for the licensing of the real estate industry are included in the “Fit and proper person to hold a licence” guidelines issued by the Estate Agent Authority (EAA). All real estate agents and salespersons who wish to be licensed must…