What is a Chartered Life Underwriter and Chartered Financial Consultant?
The American College offers both designations based upon a curriculum of financial courses. The CLU designation is recognized as a professional credential for persons involved in the protection, accumulation, preservation, and distribution of human life—the life insurance business. The ChFC designation and program is focused more on the comprehensive financial planning process as an organized way to collect and analyze information on a client’s total financial situation; identifying and establishing specific financial goals; and to formulate, implement, and monitor a comprehensive plan to achieve those goals. How does a person earn a Chartered Life Underwriter Designation?
