CP 321 Disability, Long Term Care, and Long Duration Health Contracts
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Exam Essentials
2026 Exam Schedule
- March 2026
- November 2026
2027 Exam Schedule
- July 2027
- November 2027
The Disability, Long Term Care, and Long Duration Health Contracts course is a cross-practice course applicable to multiple practice areas.
Course Learning Objectives
Upon successful completion of CP 321 Disability, Long Term Care, and Long Duration Health Contracts, you will understand the following learning objectives:
- How to describe benefits typically offered under long duration contracts (disability income, long term care, critical illness, Medicare Supplement);
- How to calculate rates for each of the contracts described above;
- How to apply valuation principles for long-duration contracts;
- How to prepare and interpret insurance company financial statements for long duration contracts;
- How to evaluate asset matching and asset adequacy standards for long duration contracts; and
- How to design and perform valuations of retiree group benefits.
How Should I Study?
As part of the evolution of the FSA pathway, the SOA is committed to improving your learning experience through better source materials. To study for CP 321 Disability, Long Term Care, and Long Duration Health Contracts, start with the syllabus and continue with the other materials, including the course strategy guide.
Syllabus Materials
Nov 2026/Jul 2027
- Syllabus with Learning Objectives/Outcomes and Readings – Nov 2026/Jul 2027
- Course Strategy Guide – Nov 2026/Jul 2027
- Introductory Study Note – Nov 2026/Jul 2027
Syllabus Updates
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Errata for study note CP321-113-25:The Modified Duration formula on page 6 was corrected to be the quotient of sums (separately from t=0 to t=n) instead of the sum of the quotient. The example immediately below the formula correctly applies the intended formula
– September 2, 2026
Books and Study Notes
Supplemental Study Materials
- CP 321 Relevant Past Exam Materials
- CP 321 Guided Examples with Solutions
- Past Exam Questions and Solutions
- Study Methods
Related Links
- November 2026 CBT Exam FSA Fillable Application
- Caribbean Locations Application
- November 2026 Prometric Capacity and Appointment Issues Online Form
- July 2026 Exam Administration Technical Review Requests – Link Coming Soon