What Fiduciaries Need to Know About Life Insurance Illustrations

Date: September 19, 2023

Time: 2:00 pm - 3:00 pm EST

The NY Court of Appeals affirmed Regulation 187 as constitutional on October 22nd, 2022, making it the nation’s first client best interest regulation for life insurance. The regulation uses fiduciary language – “care, skill, prudence, diligence of a prudent person” – while evaluating “cost, performance and risk”. Ethically, for fiduciaries, the regulation applies in every state. The CFP Board implemented its Fiduciary standard related to life insurance on June 1st 2020.

Fiduciaries have told us that they desire empirical evidence that would lead to the best outcome for their clients in the long term. They are frustrated by life insurance broker conflict of interest and lack of transparency and are concerned that the “full story" is not available with the typical life insurance illustration analysis. Not being able to figure out which policy will lead to a better outcome for their clients leads to disappointment.

If any of those issues resonate with you, join this webinar in order to…

  • Discover ways to reduce fiduciary risk.
  • Further your education and unwrap the black box of life insurance.
  • Help clients achieve better outcomes and further strengthen client relationships.
  • Generate new UHNW client referrals.

This webinar is currently pending approval for one (1) hour of Continuing Education (CE) credit for Fi360, CFP Board, and IWI Designations.

Register Today

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