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Chartered Life Underwriter (CLU)

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Earn Your Chartered Life Underwriter Designation!

About The Chartered Life Underwriter Designation

The Chartered Life Underwriter (CLU) designation is the undisputed professional credential for persons involved in the protection, accumulation, preservation, and distribution of the economic values of human life. Upon completion, students have the expertise to provide guidance to clients on types and amounts of life insurance, make recommendations on aspects of risk management, and expert knowledge of various insurance solutions.

The CLU program provides insights into the life insurance business, its importance to the economy, its operation and distribution systems, and its resurging importance for safe and secure investments.

For agents, field managers, home office personnel, and others involved in providing life insurance products to the public, the CLU designation is the common bond for continuing growth and commitment to professionalism.

Why Choose The CLU?

The CLU designation is one of the oldest and most respected credentials in financial services, dating back to the late 1920's. It represents a thorough understanding of a broad array of personal risk management and life insurance planning issues and stresses ethics, professionalism, and in-depth knowledge in the delivery of financial advice.

According to studies, financial professionals holding a CLU designation can average 51 percent greater income than their counterparts.

The CLU Curriculum

Candidates must pass an examination for the following five required courses and three elective courses to earn the designation:

Required Courses
  • 311: Fundamentals of Insurance Planning
  • 323: Individual Life Insurance
  • 324: Life Insurance Law
  • 330: Fundamentals of Estate Planning
  • 331: Planning for Business Owners and Professionals
Elective Courses (choose 3)
  • 300: Financial Planning: Process and Environment
  • 313: Individual Health Insurance
  • 321: Income Taxation
  • 325: Group Benefits
  • 326: Planning for Retirement Needs
  • 328: Investments
  • 334: Estate Planning Applications
  • 375: Introduction To Disability
  • 376 Legal & Financial Issues For Special Needs Families
As a general rule, candidates should plan to spend 50-70 hours studying for each course. The program can be completed as quickly as a candidate desires, but most students complete their designation requirements within 15-24 months.

Recommended Training Options For Earning Your Chartered Life Underwriter Designation

While students must register directly with the American College for this designation, ABTrainingCenter.com offers multiple courses and study guides for help with passing your exams and earning the CLU designation.

Simply select any of the recommended courses below, or search under "Licensing/Designations" in the search box thereafter for "CLU - Chartered Life Underwriter".

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Tuition

The tuition for each course through American College is $750, plus $25 for shipping and handling of course materials. The exam fee is included in this tuition.

Examination Requirements

Each exam is a two-hour, 100 question, computer-administered exam. National exams are given throughout the year at local testing centers, with your results provided immediately upon the completion of your exam. Contact PearsonVue Education at 866-392-6822 for more information or to schedule your exam.

Additional Requirements

Candidates must meet experience requirements and ethical standards, including three years of business experience within the five years preceding the date of use of the designation are required. An undergraduate or graduate degree from an accredited educational institution qualifies as one year of business experience and part-time qualifying business experience is credited toward the three-year requirement on an hourly basis, with 2,000 hours representing the equivalent of one year full-time experience.

Continuing Education Requirements

Each designee who falls in one of the following categories must complete 30 hours of continuing education every two years. If you do not fall into one of these categories, you are exempt from CE requirements:
  • Licensed insurance agent/broker/consultant
  • Licensed security representative/registered investment advisor
  • Financial consultant, attorney, accountant, employee benefits specialist, and any other individual who provides insurance, employee benefits, financial planning, or estate planning advice and counsel to the public
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