Managing Life Insurance Policies

Course Number: MLIP1

Course Code: ABA 371

Describes the use of life insurance as a financial tool. It explains how to determine if a cash value policy is right for a client, and discusses the appropriate use of policy illustrations. This course also outlines how to manage the death benefit option in a universal life policy, and the type of expenses associated with variable universal life policies. This course describes how wealth accumulates in variable universal life policies.

Learning Obj​​​​ectives
After completing this course, students will be able to:
– Explain the responsibilities a fiduciary needs to consider when managing life insurance
– Describe the management of universal life policies including expenses and wealth accumulation
– Explain the expenses associated with life insurance policies and how contracts are funded

Audience: Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs

Prerequisites: n/a

Register Now

Member Price: $175.00
Non-Member Price: $225.00
Textbook Charge: $0.00

Credits: ICB: 1.0 CRSP, CTFA (FP)

Length: 55 minutes

ABA Training