What does Chartered Life Underwriter mean? Read on to discover the definition & meaning of the term Chartered Life Underwriter - to help you better understand the language used in insurance policies.
Chartered Life Underwriter
A chartered life underwriter (CLU) is a financial professional who specializes in estate planning and life insurance. To become one, an individual must take eight courses, pass eight 2-hour exams of 100 questions each, and meet other requirements, such as certain number of years of experience and adherence to ethical guidelines, as established by The American College.
We hope the you have a better understanding of the meaning of Chartered Life Underwriter.