Chartered Life Underwriter (CLU)
Definition - What does Chartered Life Underwriter (CLU) mean?
A chartered life underwriter is a financial professional who specializes in estate planning and life insurance. To become one, an individual must take eight courses, pass eight 2-hour exams of 100 questions each, and meet other requirements, such as certain number of years of experience and adherence to ethical guidelines, as established by The American College.
Insuranceopedia explains Chartered Life Underwriter (CLU)
Chartered life underwriters work with individuals, organizations, and businesses to help provide risk management guidance in terms of general, health, and life insurance as well as help with financial planning. Earning the status of chartered life underwriter can be appealing for professionals in the insurance business because it can increase credibility and therefore expand opportunities.
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