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.

 
Reviewed: February 2017
(Reviewed for updates, but no changes were made.)

 
Re-versioned: July 2016

Learning Obj​​​​ectives

After completing this course, students will be able to:
  • 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

​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.

 

Course Credits​​

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​Questions? Please contact training@aba.com for more information.
 

 Benefits of Self-Paced Training

 
  • Ultimate flexibility
  • Quizzes to support learning
  • Mobile format available
 

 Registration & Pricing

 

Individual Purchase:
ABA Member • $175
Non-Member • $225

Purchase for a Team:
To license this course to your bank for multiple learners, please contact ABA Training.​

 

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