Fellow, Life Management Institute
What Does Fellow, Life Management Institute Mean?
The Fellow, Life Management Institute (FLMI) designation is awarded to individuals who have completed courses and passed exams administered by the Life Office Management Association (LOMA), an educational body recognized by insurance companies worldwide.
Depending on the courses completed, the FLMI designation may be accompanied by another title, such as Fellow or Associate.
Many advisors and managers at the top-rated life insurance companies hold the FLMI designation, since insurers often encourage staff to complete the program.
Insuranceopedia Explains Fellow, Life Management Institute
The Fellow, Life Management Institute (FLMI) is a university-level program established in 1932 to educate insurance professionals and company managers on insurance and financial concepts.
The FLMI program includes three levels:
- Level 1 Certificate
- Associate, Life Management Institute
- Fellow, Life Management Institute
Unlike many other insurance certification programs, the FLMI not only provides in-depth knowledge of insurance products, regulations, and the industry but also develops advanced business skills. Because that training covers product types and policy structures in depth, agents holding the FLMI can help clients work through how to choose the right life insurance policy.