Sponsored Education Online: Life Insurance as an Asset Class Case Studies:
CPE CE Credit Approvals
The recommended number of CPE credit hours is: 1
The Society of Financial Service Professionals 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.learningmarket.org.
The Society offers programs at intermediate to advanced levels of continuing professional education. Although no pre-requisite course or advanced preparation is needed to participate in any program, knowledge of, or experience in, the program topic is required.
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The following State Boards of Accountancy will accept CPE credit from National Registry Sponsors:
There are no formal registration requirements for course providers in the balance of the states.
* You must participate in the live event to get the PACE, CPE and CFP credit.
Sections: Appropriate for Investment Management, Risk Management, Financial Planning
Life Insurance as an Asset Class is more relevant now than ever. In March, The Society was privileged to hear from Richard M. Weber, principal of The Ethical Edge, Inc. and co-author of the award winning research paper on this topic. We will once again hear his insights in applying these concepts by sharing specific case studies.
Case 1: Term vs. Perm — Demonstrating that for those with the "luxury of choice" and lifetime uses, the client's investor style will lead us to the appropriate permanent policy styles that provide coverage today and for a lifetime. Alternatively, those without the luxury of choice should not put off having appropriate amounts of term insurance protection.
Case 2: Efficient Choices — For those with insurance needs in excess of $3 - $5 million, this case applies a risk matrix from Life Insurance as an Asset Class, going through the process of starting with an initial portfolio of policies allocation and "trying it on for size."
Case 3: The Effective Use of the Life Insurance Policy Management Statement — Models the use of an LIPMS for the selection of appropriate products and demonstrates how we would manage to the blueprint. Also includes "resisting a proposed exchange" and the use of personalized Life Expectancy.
Attendees will learn:
Richard M. Weber, MBA, CLU, AEP, is a 44-year veteran of the life insurance industry, having been a successful agent, an insurance company executive, and now a consultant to insurers and their agents on the topic of effective and ethical selling. Author of more than 200 articles encompassing products, sales practices, and the due diligence necessary to buy and sell insurance, his newest book is "Revealing Life Insurance Secrets: How the Pros Pick, Design, and Evaluate Their Own Policies" published by Marketplace Books. Mr. Weber has been a member of the Society of Financial Service Professionals since 1974 and currently serves as Secretary of its Board of Directors. In 2008, he received the Society's Kenneth Black, Jr. Leadership Award in recognition of his "…exemplary leadership qualities and significant contributions to the fulfillment of the Society's core values of ethics, education, and relationships." In 2009, Dick was elected to the NAEPC Estate Planning Hall of Fame and selected to receive the Distinguished Accredited Estate Planner award and designation for "…significant and outstanding lifetime achievements and contributions to the practice and profession of estate planning." View a series of Webcasts on Retirement Planning for Baby Boomers produced and featuring Mr. Weber.