This subject equips the students with the main principles of life insurance.
SP2 is to be assessed in 3 hours and 15 mins exams.

SP2

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Course: SP2


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    Course Structure

    Why SP2 from The Academic Junction??

  • Experienced corporate faculties with 13-14 exams cleared to make you understand the application of knowledge contained in the subject.
  • Classes available in all 3 modes- Classroom, Live Online and Videos.
  • Multiple small batches to focus on personal interaction and development.
  • Regular Assessments and feedback sharing to discuss your improvement areas.
  • Detailed Study plan, Chapter Wise Important Topics Detailed description- main highlights.
  • Exclusive writing and discussion sessions oriented to case studies and past papers discussion.
  • Regular doubt classes to help you learn technical skills and clear your conceptual knowledge.
  • It’s not about only writing, it’s about what to write and how much to write so writing and discussion sessions is our USP and that too by All India ST4 Topper.
  • Handwritten Notes for Each and Every Chapter.
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    SP2 Course Content

    The aim of Life Insurance(SP2) is to develop a student’s ability to apply the main principles and techniques of actuarial management and control that are relevant to life insurance.
    It builds on material covered in earlier subjects to cover the key principles of life insurance.

    Exam format:

    3 hours and 15 minutes exam.

    Scientific Calculator is allowed in exam. However, you can use only one of the models from the list below.
    This can also be used for future exams.
    1. Casio FX82 (ES/MS) (with or without any suffix)
    2. Casio FX83 (ES/MS) (with or without any suffix)
    3. Casio FX85 (ES/MS) (with or without any suffix)
    4. Sharp EL531 (with or without any prefix or suffix)
    5. Texas Instruments BA II Plus (with or without any suffix)
    6. Texas Instruments TI-30 (with or without any suffix)
    7. Hewlett Packard HP12c (with or without any suffix)

    SP2 SYLLABUS by IFOA

    1 Life Insurance Products and General Business Environment (15%)
    2 Product Design and Specific Features (25%)
    3 Risks and Risk Management (30%)
    4 Models and Valuation (15%)
    5 Monitoring Experience and setting assumptions (15%)
    In the SP subjects, the approximate split of assessment across these three skill types is 25% Knowledge, 50% Application and 25% Higher Order Skills.

    Demo Lectures

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    Content

    SP2 Content Lectures

    1. SP2 Orientation April May 2023
    2. SP2 Intro Video and Ch 1
    3. SP2 Ch 1 and 2
    4. SP2 Ch 3
    5. SP2 Ch 4
    6. SP2 Ch 4
    7. SP2 Ch 5
    8. SP2 Ch 6
    9. SP2 Ch 6
    10. SP2 Ch 7
    11. SP2 Ch 7
    12. SP2 Ch 8
    13. SP2 Ch 9
    14. SP2 Ch 10
    15. SP2 Ch 11
    16. SP2 Ch 12
    17. SP2 Ch 14
    18. SP2 Ch 13
    19. SP2 Ch 15
    20. SP2 Ch 16
    21. SP2 Ch 16
    22. SP2 Ch 17
    23. SP2 Ch 17
    24. SP2 Ch 18
    25. SP2 Ch 19
    26. SP2 Ch 20
    27. SP2 Ch 20 and 25
    28. SP2 Ch 25
    29. SP2 Ch 25
    30. SP2 Ch 25 and 26
    31. SP2 Ch 26 and 27
    32. SP2 Ch 28
    33. SP2 Ch 28-29
    34. SP2 Ch 21
    35. SP2 Ch 22
    36. SP2 Ch 22 and 23
    37. SP2 Ch 23 and 30
    38. SP2 Ch 31
    39. SP2 Ch 32

    SP2 Past Paper Lectures

    1. SP2 Past Papers Discussion IFOA
    2. SP2 Past Papers Discussion IFOA
    3. SP2 Past Papers Discussion IFOA
    4. SP2 Past Papers Discussion IFOA
    5. SP2 Ch 1-4 Past papers Discussion
    6. SP2 Ch 1-7 Past papers Discussion
    7. SP2 Ch 1-7 Past papers Discussion
    8. SP2 Ch 1-10 Past papers Discussion
    9. SP2 Ch 1-10 Past papers Discussion
    10. SP2 Ch 11-13 Past papers Discussion
    11. SP2 Ch 11-13 Past papers Discussion
    12. SP2 Ch 13-15 Past papers Discussion
    13. SP2 Ch 13-15 Past papers Discussion
    14. SP2 Ch 16-20 Past papers Discussion
    15. SP2 Ch 16-20 Past papers Discussion
    16. SP2 Ch 16-20 Past papers Discussion
    17. SP2 Ch 16-20 Past papers Discussion

    SP2 Assignments

    1. SP2 Assignment Chapter 1-10
    2. SP2 Assignment Chapter 11-15
    3. SP2 Assignment Chapter 16-20
    4. SP2 Assignment Chapter 21-25
    5. SP2 Assignment Chapter 26-30

    SP2 Summary Lists

    1. SP2 Summary List Ch 1-7
    2. SP2 Summary List Ch 8-15
    3. SP2 Summary List Ch 16-20
    4. SP2 Summary List Ch 21-31

    Nov 2023 Sessions

    1. SP2 Ch 1-7 Discussion
    2. SP2 Ch 1-7 Discussion
    3. SP2 Ch 1-10 Discussion
    4. SP2 Ch 11-15 Discussion
    5. SP2 May 2023 Exam Analysis Discussion
    6. SP2 Exam Analysis Discussion