Personal Life Insurance Planning - KY
Insurance Continuing Education in Kentucky
Your Price: $12.95
4 credit hours
If you take this course you may also choose to earn the following additional credit:
CE for CFP® Professionals
If purchased today, this course must be completed by:
September 15, 2025 (216 Days)
In this course you will be introduced to terms and concepts used in connection with personal life insurance planning. Each new term is defined in the text and included in the Glossary. The concepts are explained and, where appropriate, are demonstrated through the use of examples.
This information is important for agents selling insurance products to customers and for advisers assessing the appropriateness of a life insurance recommendation for a client. An understanding of the methods used to determine suitable life insurance amounts to meet survivors’ lump-sum cash needs and income needs will assist the agent and adviser to better serve consumers and help ensure that appropriate life insurance amounts are recommended and purchased when they are suitable to meet client needs.
Upon completion of this course, you should be able to:
- Describe the early attempt to calculate appropriate life insurance amounts known as the human life value method.
- Understand the importance of basing client insurance requirements on a thoroughgoing analysis of needs.
- Gather the appropriate client information required to perform an insurance needs analysis.
- Identify and calculate a client’s family’s lump-sum needs at the death of a breadwinner.
- Understand the Social Security survivor benefits that need to be considered in analyzing survivors’ needs for life insurance to replace income.
- Identify and calculate survivors’ income needs during the dependency period, blackout period and retirement period.
Exam Details
Course Details
Rules for Kentucky Insurance Continuing Education
- This state allows for course material to be downloaded. Please note that not all courses will have content that is suitable or available for downloading.
- Exam is open book.
- Licensees cannot receive CE credit for both a self-study (examination) course and a classroom course based on the same published materials.
- Licensees will earn credit only once for a course completed in their current biennium regardless of the number of times the same course is taken.