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Life Insurance Basics: What CPAs Need to Know When Serving Individual Clients Logo aicpa

  Free |   AICPA |   24 Feb 2017 |   Specialized Knowledge and Applications |   AICPA Store

Life insurance is a key component of a risk management strategy and is an extremely important tool in helping protect a family's future income should something happen to one or more of the family's main wage earners. In this webcast, we take an in-depth look at the four major types of life insurance policies available today. Financial planners must understand the differences in the fundamental structures of each policy. We also explain what questions need to be asked as it relates to each policy, how the premiums work, and what they cover, along with giving next step actions for financial planners to review with their clients. Lastly, a recommendation of when to use each type of policy is provided.

Learning Objectives

  • Illustrate an understanding of the basic structure of all life insurance policies
  • Be able to help clients understand what types of questions they need to ask as it relates to the various life insurance policies
  • Explain the major differences between the four types of major policies
  • Identify and describe why you might select one type of policy over another for a client
  • Calculate coverage based on clients' needs

Important Information on Your CPE Credit


Private Companies Practice Section (PCPS) members save 20%:

When you log into this website with your AICPA member account, the section discount will be automatically applied during checkout. Section discounts cannot be combined with any other offer. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or

Private Companies Practice Section (PCPS) members save an additional 20%:

PCPS members: Login here to obtain the discount code to enter for this event. Not sure your firm is a member? Send an email and we'll get right back to you! Or, learn more about PCPS membership!

Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or

Group Viewing Option

Gather the team together and attend this webcast as a group. Each attendee will earn CPE Credit. Enter the number of attendees in the quantity box above.

Number of Attendees Non-Member Member

1 - 4

$129 $99

5 - 9

$115 $89

10 - 20

$109 $85

21 +

$105 $79

Your order confirmation will include an instruction document for group viewing and earning CPE credit (please review prior to the start of the event) and information on how to access the webcast.

Topics covered:
  • Personal financial planning: Technical: Risk management & insurance planning: Life insurance, Intermediate