Susan M. Tillery, CPA/PFS, CFP® , Tom Tillery, MA Ed, MSFS, CFP®, CLU®, ChFC®, LUTCF, CRPC®

American Institute of CPA's

    Credit Info
  • NASBA Field of Study

    Specialized Knowledge

  • Format

    1 year

  • Level


  • CPE Credit


  • Course acronym


  • Prerequisites


  • Course duration

Insurance Contracts and Needs Analysis

SKU: PFPINS_17B_1 Category:
The management of the economic risk of premature death and disability is critical to any personal financial planning engagement. For most clients, this is the greatest risk to their personal financial plan. As their personal financial planner, you are expected to be thoroughly knowledgeable in the life and disability areas. In this CPE course, you will learn the legal elements of the insurance policy, as well as other agreements which personal financial planners should have some familiarity with to educate and serve their clients well.
Hurry up, special offer for a limited time only.
Topics discussed

  • Insurance needs analysis
  • Elements of insurance policies
  • Legal requirement of insurance contracts

Learning objectives

  • Distinguish among the three types of life insurance needs analysis.
  • Determine the amount of emergency reserves required for a personal financial planning client.
  • Calculate an inflation-adjusted return.
  • Distinguish the roles of the insurance company and the potential insured.
  • Identify the principle that underlies most insurance contracts.
  • Determine the appropriate contractual remedy based on facts and circumstances.

Who will it benefit?

CPAs and financial planners with basic knowledge of, and interest in, personal financial planning.