This badge was issued to Wendy Kellar on 23 Jan 2015.
Chartered Life Underwriter
The Chartered Life Underwriter (CLU®) credential has been widely recognized for more than 90 years as a superior mark of excellence in the financial services industry. CLU credential holders are regarded as elite financial planning professionals who raise the bar in developing effective solutions for individuals, business owners, and professionals in the areas of risk management, wealth creation and preservation, estate planning, and wealth transfer.
- Type Certification
- Level Advanced
- Time Years
- Cost Paid
Skills
Earning Criteria
Standards
Prior Learning, Exemptions and Equivalencies.
The CLU credential must be renewed annually with The Institute. Ongoing maintenance requirements include payment of an annual designation licensing fee, completion of an annual continuing education (CE) requirement, and adherence to the Code of Professional Conduct.
CLU credential holders who fail to renew their CLU designation or fail to meet ongoing requirements on an annual basis will lose their rights to publicly promote themselves as having the CLU and will have the designation revoked.
For lapsed credential holders applying for reinstatement, CE must be completed during the period of a lapsed designation and proof of completed CE must be provided before reinstatement occurs. Credential holders who wish to be authorized in order to hold out as an Institute holder will have the opportunity to reinstate their designation.
As a practitioner in Ontario, the CLU credential will also now enable you to use the professional title of Financial Planner. Similar regulations may also be introduced in other provincial jurisdictions in the future, making the CLU an excellent option for planners who wish to plan ahead.