Life Insurance Essentials

Course Description:

This basic course describes the variables that need to be used in calculating the need, if any, for sharing the financial risk of death. The importance of knowing the investment vehicle to be used by the beneficiaries is discussed in some detail. The various types of life insurance and the appropriateness of each type are covered. Life insurance vehicles such as Term, Whole Life, Universal Life, and Variable Life policies and their attributes are discussed. Special contracts and clauses coverage are included.

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Understand the different life insurance vehicles that may be used.
• Understand the circumstance when it would be appropriate to use each of these vehicles.
• Understand many of the special contracts and clauses that may be available in a policy.