Chartered Life Underwriter

What Does Chartered Life Underwriter Mean?

A chartered life underwriter (CLU) is a financial professional who specializes in estate planning and life insurance. To earn this designation, an individual must complete eight courses and pass eight 2-hour exams, each consisting of 100 questions. Additionally, candidates must meet other requirements, including a specified number of years of experience and adherence to ethical guidelines established by The American College.

Insuranceopedia Explains Chartered Life Underwriter

Chartered life underwriters work with individuals, organizations, and businesses to provide risk management guidance related to general, health, and life insurance, as well as assist with financial planning. Attaining the designation of chartered life underwriter can be appealing for professionals in the insurance industry, as it enhances credibility and expands opportunities.

Because CLUs are trained specifically in life insurance planning, they can be a useful resource when you’re choosing the right life insurance policy for your situation. Many CLUs work at or are affiliated with the best life insurance companies in the country.