Does Fellow, Associate or Liacentiate is better than plain graduate?

[PolicyWala]

My query was - Is the above qualifications are well accepted in the insurance sector? Or they are just accepted by PSU Insurance companies?

Insurance Institute of India is an autonomous body and not related with PSU insurers. The III qualifications are well accepted by private and PSU both insurers. Even CII, London and AICPCU, USA; also accepts III qualifications for Fellow and Associate CII qualifications.