Acturial Study Materials

ASM Study Manual for Exam MLC - Life Contingencies, 15th ed. - Third Printing

By: Weishaus

Edition:15th ed - Third Printing


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ASM’s Exam MLC manual offers comprehensive coverage of the syllabus for SOA Exam MLC. In its 70 lessons, the following topics are reviewed:

  • Survival distributions and life tables

  • Insurances

  • Annuities

  • Premiums

  • Reserves

  • Markov chain models

  • Models for multiple decrements

  • Models for multiple lives

  • Pension mathematics

  • Interest rate risk

  • Profit tests

  • Universal life

The 15th edition Third Printing of the manual has over 1800 pages and over 1600 end-of-lesson exercises, including over 625 original and 975 old exam questions, plus over 300 examples and 90 in-lesson exercises. In addition to these exercises, there are thirteen practice exams, all having 20 multiple choice and 6-7 written answer questions, just like the real exam. An appendix has a cross reference to help you track down lessons corresponding to the SOA 318 sample questions and questions from released exams 2000 and later, and there is an index. Many students have found this manual adequate by itself for exam preparation, but the textbook for the exam is referenced in each lesson if you wish to use it.

New for Spring 2017
Includes solutions to relevant Exam MLC - Fall 2016. Incorporates corrections to all known errata.


Abraham Weishaus

Formerly financial reporting actuary for Guardian Life Insurance Company. Served on the SOA’s Education and Examination Committee for 11 years. Taught exam preparation courses for the Actuarial Society of Greater New York (ASNY) for 15 years and for CAMAR for 6 years. Currently is a professor at Columbia University and teaches exam preparation courses at St. Johns University.

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Actuarial Study Materials

ASM has been helping students prepare for actuarial exams since 1983. We offer study materials for Exams P/1, FM/2, MLC, MFE/3F, C/4, S and EA-1, EA-2F and EA-2L, written by an outstanding team of authors. ASM Products are sold at ACTEX Learning | Mad River Books and The Actuarial Bookstore.