Life Insurance Policies - CFP®

CFP® Certification CE

Take This Course

$20.00

8 credit hours

If purchased today, this course must be completed by:
December 31, 2020

Description

Life insurance is a unique asset and can be used for any number of reasons, as creating an estate, paying estate taxes and other estate settlement costs, funding a business transfer, paying off the house mortgage, funding college for children, creating a retirement fund and providing guaranteed loans.

This course will introduce you to various types of life insurance contracts, highlighting main advantages and disadvantages and application of the contract specific features for different purposes. Life insurance riders, policy options and provisions, aspects of long-term financial planning using life insurance as a vehicle, retirement planning and annuities, trusts and charitable giving through life insurance, life insurance for business owners, and many other aspects of life insurance are covered.

This comprehensive insurance policies fundamentals course explores and details the numerous different types of products and situations involving life insurance, along with their many applications when it comes to individual, family, and business needs.

Your course covers term, permanent, adjustable, universal, survivorship, single premium, and variable life insurance policies along with the numerous variations within each category. Common provisions and characteristics of life insurance basics are explored and discussed. It outlines and teaches about the many uses of life insurance, both personal and business. In addition, your course explains the income and estate taxation of life insurance along with an extensive discussion of payout options, policy loans, premiums, withdrawals, dividends, cash surrenders, and accelerated death benefits concepts.

Whether you are a newer producer or a veteran, we’re confident that you will gain new insight into this critical area for Americans as well as brush up on current info and details pertinent to this area of your expertise.

Exam Details

Need Proctor?No
Question Count:45
Passing Grade:70%
Attempts to Pass:Unlimited
Note: If you choose to request additional credit types while taking this course, the number of exam questions and proctor rules may change to meet those credits' requirements.

Course Details

Course Number:265603
Approved Title:Life Insurance Policies
Provider:InsuranceStudy.com
Provider Number:4717
Topics Covered:Life and Health, Financial Planning, Life
Approved Credits
8 credits in CFP® General
Program Level:Intermediate

Rules for CFP® Certification CE

  • Course material may be downloaded. Most online materials will have a PDF version available on your dashboard to download.
  • Exam is open book. You will not be able to access the online materials at the same time as the exam, but you may use your notes and the PDF download of the material, if that is available for your particular course.