Life Insurance Types and Applications - Which is Best for the Client

Course Description
Course Qualification
Presenter
FAQ

Course Description

Mention life insurance to individuals and there is a shudder of concern. Life insurance to many becomes synonymous with death or disability. Yet, insurance serves a practical purpose – even an asset.

According to LIMRA, 59% of Americans have life insurance. With so many different types of policies available, it’s often another misunderstood financial product. Life insurance can be used as a death benefit, supplemental income in retirement, and long-term care.

The construction of a proposed life insurance solution in a personal financial plan is complex on several levels. As a personal financial planner, you must possess a broad range of knowledge of the various insurance solutions available to have a reasoned dialogue with your clients.

There are many misunderstandings concerning life insurance. The key is not to leave life insurance out of your budget unless you have enough assets to cover your expenses after you're gone.

The amount of life insurance needed depends on each person's specific situation. There are many factors to consider. In addition to medical and funeral bills, you may need to pay off debts—such as your mortgage—and provide for your family for several years. A cash flow analysis is usually necessary to determine the true amount of insurance that must be purchased.

In this Finance continuing professional education course speaker, Drew Stevens will explain life insurance types and applications and which of them is best for the client.

Learning Objectives

To discuss a variety of insurance available for most individuals and businesses.
To analyze 7 rumors and myths of insurance and how to debunk them.
To inspect why insurance is an asset similar to stocks and bonds.
To analyze why insurance should be used for family businesses.

Recommended For

This Online CPE webinar is recommended for CPAs, CMAs, CVAs, CBA/MCBA, CFAs, and other professionals who wanted to understand life insurance types and applications.
This CPD webinar is also useful for Canadian CPAs who want to know everything about life insurance.

Who Should Attend?

Certificate in Investment Performance Management
Certified Management Accountant (CMA)
Certified Public Accountant (CPA)
Certified Valuation Analysts
Chartered Financial Analyst
CPA - Mid Size Firm
CPA - Small Firm
Finance Pros
Young CPA

Course Qualification

Webinar Qualifies For

1 General Credit for Accountant/Bookkeeper/Tax Professionals
1 CPD Credit of Finance for Chartered Professional Accountant (CPA Canada)
1 CPE Credit for Certified Management Accountants (CMA)
1 CPE Credit of Finance for Certified Public Accountants (CPA-US)
1 CPE Credit of Finance for Certified Valuation Analyst (CVA)
1 PL Credit of Finance for Chartered Financial Analyst (CFA)
1 CPE Credit of Finance for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
1 CPD Credit of Finance for Accredited in Business Valuation (ABV)
1 CPE Credit of Life Insurance for Chartered Financial Consultant (ChFC)
1 CPE Credit of Life Insurance for Financial Services Certified Professional (FSCP)
1 CPE Credit of Life Insurance for Chartered Advisor in Senior Living (CASL)
1 CPE Credit of Life Insurance for Chartered Special Needs Consultant (ChSNC)
1 CPE Credit of Life Insurance for Retirement Income Certified Professional (RICP)
1 CPE Credit of Life Insurance for Wealth Management Certified Professional (WMCP)
1 PL Credit of Finance for Certificate In Investment Performance Measurement (CIPM)
1 CPE Credit for Certified Government Financial Manager (CGFM)
1 CRE Credit for Certified Corporate FP&A Professional (FPAC)
1 CPD Credit of Personal Financial Planning for Personal Financial Specialist (PFS)
1 CPD Credit for CA - ICAEW
1 CPD Credit for Chartered Certified Accountants (ACCA)
1 CPD Credit for Chartered Accountants - Ireland (CAI)
1 CPD Credit for Chartered Accountants - Scotland
1 CPD Credit for CPA - Ireland

Additional details

Course Level :

Basic
Credits :

1
Instructional Method :

Group Internet Based
Pre-requisites :

None
Advance Preparation :

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Presenter

About Presenter

Drew Stevens

CEO and Leadership Change Expert, Stevens Performance

Talks about #strategy, #salesandmarketing, #revenueoptimization #financialadvisory #strategicleadership #financialplanning #successionplanning #exitplanning

If you want your business competitive proof then you need to understand the 12 crucial elements that destroy a business.

If you want your business to continually exceed goals, then stop doing the same things that create no results and no changes.

What is?

12 Strategic Principles that guide the business and eliminate the obstacles/
Modern methods that create fiscal controls and higher income.

My mission is to implement plans for struggling businesses to generate transformative, long-lasting results for every organization.

My innovative and transformative assistance is with:

Developing financial awareness that places more money into owners' hands.
Eliminating waste and processes that slow revenue, access to clients and competition.
Implementing strategies that have helped businesses develop more than $11B in new revenue.
Creating personal financial strategies that create abundance, a better lifestyle and personal liquidity.

By creating a strategic approach and realigning business, Drew will help your organization to:

Lower Customer Acquisition Cost
Increase financing while creating a fluid when planned exit
Competitive Proof the Firm
Build Industry and Brand Recognition
Increase Financial Wealth

Faq

FAQs content

To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
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This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
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