This basic course describes the variables that need to be used in calculating the need, if any, for sharing the financial risk of death.  The importance of knowing the investment vehicle to be used by the  beneficiaries is discussed in some detail.  The various types of life insurance and the appropriateness of each type are covered.  Life insurance vehicles such as Term, Whole Life, Universal Life, and Variable Life policies and their attributes are discussed.  Special contracts and clauses coverage are included.

Objectives:

• To understand the different life insurance
  vehicles that may be used. (Unit One)
• To understand the circumstances when it would be
  appropriate to use each of these vehicles. (Unit One)
• To understand many of the special contracts and
  clauses that may be available in a policy. (Unit Two)