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Managing Life Insurance Policies

Managing Life Insurance Policies describes the use of life insurance as a financial tool.  It explains how to determine if a cash value policy is right for a client, and discusses the appropriate use of policy illustrations. This course also outlines how to manage the death benefit option in a universal life policy, and the type of expenses associated with variable universal life policies. This course describes how wealth accumulates in variable universal life policies.

 

Audience: Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.

 

Learning Objectives: After completing this course, students will be able

  • Explain the responsibilities a fiduciary needs to consider when managing life insurance
  • Describe the management of universal life policies including expenses and wealth accumulation
  • Explain the expenses associated with life insurance policies and how contracts are funded

Commands