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Financial Advisors of the Insurance Industry

CLU®, ChFC®, CPCU®, CEBC®

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Financial Advisors of the Insurance Industry

Choose the certification or designation that highlights your career path.Photo Credit: Dreamstime

If your career interests focus on the insurance industry, there are an assortment of designations and certifications to choose from. In this industry, select from tried-and-true credentials, such as the Chartered Life Underwriter® (CLU), Chartered Financial Consultant® (ChFC), Chartered Property Casualty Underwriter® (CPCU), and Certified Employee Benefit Consultant Specialist® (CEBC).

These credentials garner candidate attention and provide a competitive edge in sales and marketing in the insurance industry:

1. Chartered Life Underwriter (CLU®) aids estate planning and life insurance professionals by certifying their experience. The educational curriculum mirrors the CFP program. Course work focuses more on insurance laws and regulations. The certification does not require board examination.

More: How to determine the best certification for your career.

2. Chartered Financial Consultant (ChFC®) provides an alternative or adjunct credential to the CFP® designation. ChFCs study the same core fundamentals as CFPs, along with additional focus electives in financial planning. The ChFC® certification does not require a board examination.

More: Chartered Financial Consultant (ChFC®) Overview

3. Chartered Property Casualty Underwriter (CPCU®), like the Registered Health Underwriter (RHU®), focuses on the needs of health insurance and property-casualty insurance underwriters. The CPCU® certification does not require board examination.

More: Chartered Property Casualty Underwriter (CPCU®) Overview

4. Certified Employee Benefit Specialist (CEBS®) qualifies professionals who sell or administer employee benefit programs and plans. The core curriculum includes insurance, retirement, pension, and regulatory modules. The CEBS® certification does not require board examination.

More: Certified Employee Benefit Specialist (CEBS®) Overview

Considerations . Reflect upon career objectives before committing to a certification program. With a financial sales focus, passing the Chartered Financial Analyst (CFA) examination may not help your career as much as the Certified Financial Planner (CFP®) credential. The Certified Public Accountant (CPA) designation immediately positions your knowledge of accounting and taxation. Acquiring several certifications in the insurance industry, requiring no board exams, adds credibility and value to your practice. Embrace new certifications when they meet your needs.

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