What is a Chartered Life Underwriter?
The Chartered Life Underwriter (CLU) is widely recognized as the highest credential for life insurance professionals. Chartered Life Underwriters have the ability to present a wider range of solutions for the life insurance needs of individuals, business owners and professionals, including income replacement, estate planning, and wealth transfer.
The status of a chartered life underwrite, or CLU is granted in recognition of persons who undergo a detailed training program that is concerned primarily with life insurance in general, and personal insurance planning in particular. The actual granting of the status is conducted under the auspices of the American College in Bryn Mawr, with the College setting the standards that are necessary for qualification. Applicants undergo a careful scrutiny and must fulfill all requirements before achieving the designation. Chartered life underwriters often will already possess degrees from accredited universities that have to do with various aspects of finances in general. In addition, CLUs tend to have successfully worked in positions that involve a great deal of financial expertise. Because the completed courses that are necessary to become a chartered life underwriter are comprehensive in nature, the CLU will have expertise in all sorts of aspects of estate and financial planning, financial
