Managing Life Insurance Policies

Course Number: ABA

Course Code: ABA

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.

Reviewed: February 2017 (no changes made)
Re-versioned: July 2016

What You’ll Learn
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: None

Register Now

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

Credits: 1.0 CRSP, CTFA(FP)

Length: 55 minutes

ABA Training