CLU® (Chartered Life Underwriter®)
The CLU® designation is one of the oldest and most respected credentials in financial services, dating back to the late 1920’s. It represents a thorough understanding of a broad array of personal risk management and life insurance planning issues and stresses ethics, professionalism, and in-depth knowledge in the delivery of financial advice.
CLU® candidates must complete eight college-level courses, five required and three electives. The required courses include Fundamentals of Insurance Planning; Individual Life Insurance; Life Insurance Law; Fundamentals of Estate Planning; and Planning for Business Owners and Professionals. Elective topics cover financial planning, health insurance, income taxation, group benefits, investments, and retirement planning.
Requires three-years of full-time, relevant business experience.
Must adhere to The American College’s Code of Ethics, which includes the following professional pledge: “I shall, in light of all conditions surrounding those I serve, which I shall make every conscientious effort to ascertain and understand, render that service which, in the same circumstances, I would apply to myself.”
Requires eight closed-book, course-specific, two-hour proctored exams.
30 hours of continuing education (including 1 ethics) credits every two years.
Designation may be removed for unethical conduct through the certification committee of The American College’s Board of Trustees.
The American College has the highest level of educational accreditation—regional accreditation—through the Middle States Commission on Higher Education.
File a Complaint about a Designee:
You may file a complaint in writing to: The Registrar; The American College; 270 S. Bryn Mawr Ave; Bryn Mawr, PA, 19010 or by emailing Registrar@TheAmericanCollege.edu.
The American College, an accredited non-profit educational institution with an 84-year heritage, confers the CLU®. The College has a full-time faculty of industry experts and is the leading educator of financial professionals in the United States.
Note: The American College is providing this information as a public service. It is correct to the best of our knowledge, but we neither guarantee its accuracy nor endorse any credentials for which we are not responsible as a credentialing organization.