Life Insurance and Annuities
Life Insurance and Annuities enhances the trust officer's value to clients as a credible source of insurance information. Participants will learn about life insurance and annuity products, review related policy issues and fiduciary responsibilities, and explore the uses of these products in serving client's financial- and estate-planning needs.
| Price | $215 Nonmembers / $160 Members |
| Course Credits | AIB: 0 ; ICB: 10.0 (CTFA/PFI) ; CFP: 4.5 |
| Prerequisites | Basic knowledge/expertise in trust field |
| Required Software | None |
| Optional Software | Adobe Acrobat Reader and RealPlayer |
Audience
This course is appropriate for trust officers who already have achieved a basic level of knowledge and expertise in the trust field.
Learning Objectives
After completing this course, students will be able to:
- Describe the benefits of life insurance and annuities for estate and financial planning needs
- Describe the features and characteristics of the different types of life insurance and annuities
- Guide cost-effective insurance policy and annuity contract selections to meet clients' preferences, needs, and asset safety concerns
- Assist clients with determining life insurance and income requirements and ensuring coverage adequacy and lifetime income protection
- Advise clients of taxation considerations relevant to their insurance and annuity contracts
- Describe the features and characteristics of hybrid life insurance policies that serve common trust client needs
- Describe special investment features of annuity types
- Manage life insurance and annuity contracts within a trust according to bank policy and fiduciary responsibility
- Identify policy and contract issues that affect clients' estate and financial planning objectives
- Identify additional uses for life insurance and annuity contracts
Enrollment: To enroll in this course, please click on the link below for the registration form. Print and complete the form and submit it to your supervisor for approval. Then submit the approved form to your human resources department for processing.