Issued by the Fraternal Field Managers Associated
(FFMA). Candidates must have:
• Completed twelve consecutive months of work experience and maintained good standing
With a fraternal benefit society, a member of the National Fraternal Organization.
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Congress of America and the Fraternal Field Managers’ Association, or the Canadian
Fraternal Congress.
• Must complete four courses: Introduction to Life Insurance, Ethics for the Insurance Industry
Professional, Needs Analysis and Introduction to Advanced Markets. If a fraternal
society employs a person with a CLU, ChFC, who has completed Introduction to Life
Insurance and Ethics for the Insurance Professional.

Is awarded by the CLTC Board of
Standards, Inc., candidates must:
• Complete two-day classes or online courses.
• Pass a final course exam.
• Must complete one course every two years for continuing education.

• Complete RICP® coursework within five months from the date of initial enrollment.
• Complete three in-depth online courses.
• Meet the experience requirements: Three years of full-time business experience
within the five years preceding the date of the award. An undergraduate or graduate
degree from an accredited educational institution qualifies as one year of business
experience.
• Sign and agree to abide by a Code of Ethics.
• Pass an exam administered by Pearson VUE Testing Center. Minimum test score
70%.
• When you achieve the RICP® designation, you are subject to the PACE
Recertification Program, earning 30 credit hours for educational activities in subject matter that is acceptable to PACE Recertification, every two years.

Chartered Financial Consultant (ChFC®) is a designation issued by the American College. ChFC® designation requirements:
• Complete ChFC® coursework within five years from the date of initial enrollment.
• Meet the experience requirements: Three years of full-time business experience
within the five years preceding the date of the award. An undergraduate or graduate
degree from an accredited educational institution qualifies as one year of business
experience.
• Take the Professional Ethics Pledge.
• When you achieve your ChFC® designation, you must earn 30 hours of continuing education credit every two years.

Federal Retirement Consultant is a designation
issued by the Federation of Federal Employee Benefit Advocates LLC (FFEBA). FRC
designation requirements:
Complete a disclosure questionnaire and meet two of the three following requirements:
1. Meet an experience requirement by either:
o Holding a Bachelor’s degree (or higher) in Business, Finance or Economics
o Having a minimum of two years of relevant industry experience.
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2. Hold one of the following:
o State Insurance License
o Series 24
o Series 6
o Series 65
o Series 7
o Series 66
3. Hold one of the following:
o Chartered Financial Consultant (ChFC)
o Chartered Life Underwriter (CLU)
o Certified Financial Planner (CFP)
o Master’s Degree in Business, Finance, or Economics
o Attorney’s License (JD)
o Certified Public Accountant (CPA)
4. Education Requirements: Successful completion of the Federal Retirement Consultant (FRC) Course
5. Examination Type: Final certification exam (proctored, closed book.
6. Continuing Education Requirements of 6 Credits each year.

The Chartered Life Underwriter® (CLU®) designation is a professional certification for financial professionals specializing in life insurance, estate planning, and business planning, signifying advanced knowledge and expertise in these complex areas. Earned through The American College of Financial Services, it requires extensive education, passing challenging exams, and meeting experience and continuing education requirements. CLUs are recognized for their comprehensive understanding of life insurance products, risk management, and strategies for wealth transfer, making them valuable resources for clients seeking security and legacy planning.

What is a CLU?

•  A CLU® is a professional with specialized knowledge in life insurance and its integration with estate and business planning.
• The designation is widely regarded as a mark of expertise, showing a high level of commitment to professionalism in the field.

What it signifies:

• Specialized Expertise:
  Deep understanding of various life insurance policies, how they work, and how to choose the right ones for clients' unique situations.

• Estate Planning:
  Ability to help clients with wealth transfer, ensuring their assets are preserved and distributed efficiently.

• Business Planning:
  Knowledge of how to use life insurance for succession planning, tax needs, and other aspects of business ownership.

• Ethical Standards:
  Adherence to a strict code of ethics that prioritizes the client's best interests.

Requirements to earn the qualification:

• Experience: Typically requires three years of full-time business experience.

• Education: Completion of several college-level courses covering life insurance, estate planning, law, and business planning.

• Exams: Passing comprehensive, proctored final exams for each course.

• Continuing Education: Ongoing requirement of 30 hours of continuing education every two years to maintain the designation.

Benefits of working with a CLU:

• Comprehensive Guidance: Receive personalized and expert advice on complex life insurance needs.

• Strategic Planning: Benefit from holistic planning that integrates life insurance with your overall financial and estate goals.

• Professionalism and Trust: Partner with a designee who has demonstrated a high level of training and commitment to ethical practices.