Provincial Life Credits: 5 credits (BC, AB, SK, MB, ON)
Provincial A&S Credits: 5 credits (BC, AB, SK, MB, ON)
CFP® Certificants: 5 credits (Financial Planning)
Institute Members: 5 credits
IIROC (CECAP): 4 credits (Professional Development)
Quebec Credits: CSF: 5 PDUs (1 Group, 4 Insurance of Persons)
Life insurance is frequently marketed for its use as income replacement during working years in the event of premature death. Does that mean it is obsolete at retirement when income stops? The answer is, no. There are many good reasons for life and health insurance post-retirement.
- factors that enter into the assessment of need;
- types of life and health insurance that should be in place;
- how to make insurance a winning proposition in later life.
This course reinforces the uses for insurance for older adults. However, it is equally important for those advisors whose clients are contemplating retirement at some distant date to understand the importance of insuring now.