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Life Insurance Principles (SP2)

Specialist Principles

The aim of Life Insurance Principles (SP2) is to develop a student’s ability to apply, in simple situations, the main principles of actuarial planning and control that are relevant to the provision of life insurance business.
It builds on material covered in earlier subjects and seeks to equip a student with the skills and broad working understanding of life insurance business to the level that may be required of a qualified actuary in a life insurance company.

Life Insurance Principles (SP2) core reading is available from the IFoA E-Shop or our tuition provider ActEd (BPP).

Past papers and examiners reports for SP2 

From September 2021, an additional 5 minutes has been added to each paper to allow for candidates to download or print, if required, their exam paper.

Exam format:
3 hours 20 minutes computer-based exam (Word)
Recommended study hours: