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Chartered Life Underwriter (CLU®) Designation

The Chartered Life Underwriter (CLU®) designation has been widely recognized for 90 years as a superior mark of excellence in the financial services industry. Advocis is honored to be the education provider for this prestigious designation. CLU® designation holders are regarded as elite professional financial advisors who specialize in developing effective solutions for individuals, business owners, and professionals in the areas of risk management, wealth creation and preservation, estate planning, and wealth transfer.

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The CLU® designation is conferred in Canada exclusively by The Institute for Advanced Financial Education ("The Institute"). The Institute is the leading designation body in Canada for financial services practitioners in the specialty areas of Advanced Estate and Wealth Transfer, and Living Benefits.

CLU Eligibility

Upon successful completion of the CLU program, you must apply to receive the designation. At the time of application you must attest to having completed at least four years of experience within, or related to, the financial services industry.

The experience requirement is inclusive of management, staff, academics, writers, students and volunteers engaged directly or indirectly within the financial services industry, as well as financial advisors

Who Should Enrol?

  • Individuals looking to earn the highly regarded CLU® designation in Canada
  • Financial services professionals or specialists looking to help consumers build and preserve wealth through effective wealth creation, estate planning and wealth transfer solutions

CLU Transition Students


For CLU Transition Students who are currently enrolled the CLU program and require more information please click below:
Transition Students

Pre-requisite Learning

To enrol in the CLU® Designation program students must have first successfully completed the following CFP® Designation courses.

231 – Financial Planning Fundamentals

This course introduces the fundamentals of financial planning, and looks at concepts and applications associated with financial calculations and financial statement analysis. Contracting and family law basics are covered followed by a review of government-sponsored benefit programs.

  • Learning Objectives
  • Overview
  • Features
  • Delivery
  • Price

  • To understand the concepts and applications associated with financial calculations and financial statement analysis, and the basic concepts of contracting and family law, and government sponsored benefit programs


Format: Self-study: Printed study guide & online testing

Pre-requisites: None

CE Credits: 30

Study Hours: 38

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of four online module tests (40% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Self-test questions, practice exercises and case studies
  • First exam attempt
  • 120-day window for completion
  • Access to the Binder tool
  • Access to help for course-related questions
  • New audio tool available!

    Whether you're an auditory learner or you prefer to listen to your study material while driving or going for a walk, ReadSpeaker brings a text-to-speech functionality to the learning environment. You'll find the ReadSpeaker button at the top left corner of every course content page. Simply click the button and ReadSpeaker will read the content to you, including the option to highlight the text as it's being read, or if you prefer to listen to that page later you can download the page as an MP3.


  • Self-study: We recommend students create and follow a study schedule, and take advantage of the exercises, problems and case studies offered throughout the course. After each module test, students receive feedback on incorrect answers to advance their learning in preparation for the final exam.

  • Instructor-led: Advocis and CCH have partnered with a number of post secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $450.00 plus shipping & taxes

Non-members: $570.00 plus shipping & taxes

Administrative Policies:

  • Course duration is 120 days
  • A two month extension can be purchased for a fee
  • Allow for 1-2 business days to access the course following the registration and payment process

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232 – Contemporary Practices in Financial Planning

This course progresses into an advanced understanding of tax laws as they relate to financial planning, including a financial planner's professional and ethical responsibilities. Different forms of business structures and services are explored in-depth, along with an understanding of trusts.

  • Learning Objectives
  • Overview
  • Features
  • Delivery
  • Price

  • To identify, analyze, interpret and evaluate tax situations using income tax terminology and general tax concepts including types of income and deductions, non-refundable tax credits and clawback provisions
  • To understand, explain and apply extensive applications relative to capital gains including types of property, adjusted cost base, deemed dispositions, recapture of CCA and terminal loss rules
  • To identify, explain and apply an in-depth knowledge of different forms of organizations including a sole proprietorship, partnership, and corporation


Format: Self-study: Printed study guide & online testing

Pre-requisites: CFP 231

CE Credits: 30

Study Hours: 47

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of four online module quizzes (40% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Self-test questions, practice exercises and case studies
  • First exam attempt
  • 120-day window for completion
  • Access to the Binder tool
  • Access to help for course-related questions
  • New audio tool available!

    Whether you're an auditory learner or you prefer to listen to your study material while driving or going for a walk, ReadSpeaker brings a text-to-speech functionality to the learning environment. You'll find the ReadSpeaker button at the top left corner of every course content page. Simply click the button and ReadSpeaker will read the content to you, including the option to highlight the text as it's being read, or if you prefer to listen to that page later you can download the page as an MP3.


  • Self-study: We recommend students create and follow a study schedule, and take advantage of the exercises, problems and case studies offered throughout the course. After each module quiz, students receive feedback on incorrect answers to advance their learning in preparation for the final exam.

  • Instructor-led: Advocis and CCH have partnered with a number of post secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $450.00 plus shipping & taxes

Non-members: $570.00 plus shipping & taxes

Administrative Policies:

  • Course duration is 120 days
  • A 2 month extension can be purchased for a fee
  • Allow for 1-2 business days to access the course following the registration and payment process

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233 – Comprehensive Practices in Risk & Retirement Planning

This course provides a comprehensive study of the principles and applications for both risk management and retirement planning. Particular focus is given to insurance and retirement planning practices, issues and products. Also explored are risk management and retirement planning processes progressing from the wealth accumulation phase into the retirement phase.

  • Learning Objectives
  • Overview
  • Features
  • Delivery
  • Price

  • To understand the products, issues and practices of managing risk
  • To consider aspects of retirement planning and the application of various retirement plan vehicles to meet retirement planning objectives


Format: Self-study: Printed study guide & online testing

Pre-requisites: CFP 231 & 232

CE Credits: 30

Study Hours: 57

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of six online module quizzes (40% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Self-test questions, practice exercises and case studies
  • First exam attempt
  • 120-day window for completion
  • Access to the Binder tool
  • Access to help for course-related questions
  • New audio tool available!

    Whether you're an auditory learner or you prefer to listen to your study material while driving or going for a walk, ReadSpeaker brings a text-to-speech functionality to the learning environment. You'll find the ReadSpeaker button at the top left corner of every course content page. Simply click the button and ReadSpeaker will read the content to you, including the option to highlight the text as it's being read, or if you prefer to listen to that page later you can download the page as an MP3.


  • Self-study: We recommend students create and follow a study schedule, and take advantage of the exercises, problems and case studies offered throughout the course. After each module quiz, students receive feedback on incorrect answers to advance their learning in preparation for the final exam.

  • Instructor-led: Advocis and CCH have partnered with a number of post secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $450.00 plus shipping & taxes

Non-members: $570.00 plus shipping & taxes

Administrative Policies:

  • Course duration is 120 days
  • A 2 month extension can be purchased for a fee
  • Allow for 1-2 business days to access the course following the registration and payment process

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234 – Wealth Management & Estate Planning

This course reviews economics and investing basics, and provides an understanding of investment products. Investment planning and key areas of financial management are also explored. The course concludes with estate planning fundamentals, concepts and applications.

  • Learning Objectives
  • Overview
  • Features
  • Delivery
  • Price

  • To understand the fundamentals important to the topics of economics and investing as they relate to key areas of financial planning
  • To examine a broad array of investment products and explores the subject of personal financial management
  • To consider estate planning fundamentals, concepts and applications to the financial planning process


Format: Self-study: Printed study guide & online testing

Pre-requisites: CFP 231, 232 & 233

CE Credits: 30

Study Hours: 55

Additional Material: None

Completion Requirements:

  • Passing mark is 60%
  • Completion of five online module quizzes (40% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Self-test questions, practice exercises and case studies
  • First exam attempt
  • 120-day window for completion
  • Access to the Binder tool
  • Access to help for course-related questions
  • New audio tool available!

    Whether you're an auditory learner or you prefer to listen to your study material while driving or going for a walk, ReadSpeaker brings a text-to-speech functionality to the learning environment. You'll find the ReadSpeaker button at the top left corner of every course content page. Simply click the button and ReadSpeaker will read the content to you, including the option to highlight the text as it's being read, or if you prefer to listen to that page later you can download the page as an MP3.


  • Self-study: We recommend students create and follow a study schedule, and take advantage of the exercises, problems and case studies offered throughout the course. After each module quiz, students receive feedback on incorrect answers to advance their learning in preparation for the final exam.

  • Instructor-led: Advocis and CCH have partnered with a number of post secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $450.00 plus shipping & taxes

Non-members: $570.00 plus shipping & taxes

Administrative Policies:

  • Course duration is 120 days
  • A 2 month extension can be purchased for a fee
  • Allow for 1-2 business days to access the course following the registration and payment process

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Core Courses

CLU students must successfully complete all three core courses to earn the CLU® Designation.

Please note: An eBook of all course content is available for courses 255 and 256.

 

255 – Advanced Concepts in Tax & Law for Personal Planning

This course focuses on wealth transfer and estate planning strategies for individuals and families. Descriptions of law and tax structures lead to discussions on applicable financial planning approaches for individuals and families.

  • Learning Objectives
  • Overview
  • Features
  • Delivery
  • Price

  • The use of life insurance and living benefits to manage personal risks and wealth preservation
  • The creation of trusts and other instruments to ensure the orderly transfer of individual wealth
  • The examination of the special tax reporting obligations facing individuals who enter or leave Canada
  • The examination of client objectives and responsibilities at death including tax and legal obligations and how they can be reconciled to the wealth transfer and estate planning intentions of the testator


Format: Self-study: online learning and testing

Pre-requisites: CFP 231-234

CE Credits: 30

Study Hours: 83

Additional Material:

  • None

Completion Requirements:

  • Passing mark is 60%
  • Completion of four online module quizzes (40% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Download the eBook version of the course content
  • Practice Quiz Tool for exam practice
  • 120-day window for completion
  • First exam attempt
  • Keep track of your development with the User Progress tool
  • Searchable glossary
  • Access to Binder
  • Download course content
  • Access to help for course-related questions
  • New audio tool available!

    Whether you're an auditory learner or you prefer to listen to your study material while driving or going for a walk, ReadSpeaker brings a text-to-speech functionality to the learning environment. You'll find the ReadSpeaker button at the top left corner of every course content page. Simply click the button and ReadSpeaker will read the content to you, including the option to highlight the text as it's being read, or if you prefer to listen to that page later you can download the page as an MP3.


  • Self-study: We recommend students take advantage of the Practice Quiz Tool to prepare them for the module quizzes and final exam. After each module quiz, students receive feedback on incorrect answers to advance their learning in preparation for the final exam.

  • Instructor-led: Advocis has partnered with a number of post-secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $560.00 plus shipping & taxes

Non-members: $794.00 plus shipping & taxes

Administrative Policies:

  • Course duration is 120 days
  • A two month extension can be purchased for a fee
  • Allow one to two business days to access the course following the registration and payment process

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256 – Tax & legal Principles for Business and their Owners

This course focuses on wealth transfer and estate planning strategies for businesses and business owners.

  • Learning Objectives
  • Overview
  • Features
  • Delivery
  • Price

  • A description of the legal and tax implications of certain business structures, specifically sole proprietorships, partnerships and corporations with particular attention to tax planning strategies and the issues to be addressed at the sale or transfer of the business or at the death of a principle
  • A special focus on the tax complexities present in the operation of a corporation
  • The approaches to identify, apply and synthesize appropriate income tax techniques used to restructure a corporation
  • The consideration of planning strategies for the orderly and tax-efficient of business wealth at retirement or upon death


Format: Self-study: online learning and testing

Pre-requisites: CFP 231-234 & CLU 255

CE Credits: 30

Study Hours: 99

Additional Material:

  • None

Completion Requirements:

  • Passing mark is 60%
  • Completion of four online module quizzes (40% of overall mark)
  • Final online exam (60% of overall mark)


  • 24/7 access to the Advocis Learning Centre
  • Download the eBook version of the course content
  • Practice Quiz Tool for exam practice
  • 120-day window for completion
  • First exam attempt
  • Keep track of your development with the User Progress tool
  • Searchable glossary
  • Access to Binder
  • Download course content
  • Access to help for course-related questions
  • New audio tool available!

    Whether you're an auditory learner or you prefer to listen to your study material while driving or going for a walk, ReadSpeaker brings a text-to-speech functionality to the learning environment. You'll find the ReadSpeaker button at the top left corner of every course content page. Simply click the button and ReadSpeaker will read the content to you, including the option to highlight the text as it's being read, or if you prefer to listen to that page later you can download the page as an MP3.


  • Self-study: We recommend students take advantage of the Practice Quiz Tool to prepare them for the module quizzes and final exam. After each module quiz, students receive feedback on incorrect answers to advance their learning in preparation for the final exam.

  • Instructor-led: Advocis has partnered with a number of post-secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $560.00 plus shipping & taxes

Non-members: $794.00 plus shipping & taxes

Administrative Policies:

  • Course duration is 120 days
  • A two month extension can be purchased for a fee
  • Allow for one-two business days to access the course following the registration and payment process

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257 – Advanced Estate Planning

This course is the culmination of all the courses in the CLU program. The course is designed to help financial advisors hone their skills in working with the client to develop a comprehensive estate plan that addresses all of the client's objectives and obligations.

  • Learning Objectives
  • Overview
  • Features
  • Delivery
  • Price

  • To analyze the client's financial status and overall estate planning objectives
  • To explain the advantages and disadvantages of different estate planning strategies and contrast them with one another
  • To consider planning strategies involving the use of inter vivos and testamentary trusts
  • To assess the need for life insurance in order to support the estate plan and recommend alternative insurance strategies


Format: Self-study: Printed study guide, online assignment submission & proctored paper-based narrative response exam

Pre-requisites: CFP 231-234 & CLU 235-236

CE Credits: 30

Study Hours: 133

Required Textbooks:

  • Wealth Planning Strategies for Canadians, Christine Van Cauwenberghe, 2015 Edition, $67.00 plus shipping & taxes
  • Estate Planning with Life Insurance, Glenn R. Stephens, 5th Edition, $59.95 plus shipping & taxes

Completion Requirements:

  • Passing mark is 60%
  • Completion of two written assignments (40% of overall mark)
  • Final open-book, case-based narrative response proctored exam (60% of overall mark)

Note: You must score a minimum of 50% on the final exam in order to pass.

Winter 2017 (registration opens December 1, 2016)

Course Requirement % of Overall Course Mark Deadline
Assignment 1 20% February 15, 2017
Assignment 2 20% March 15, 2017
Final Exam 60% April 5, 2017

Already Enrolled in the CLU Program?

If you are already enrolled in one of the current CLU courses (course 235 – Advanced Taxation, course 236 – Law or course 237 – Advanced Estate Planning) you have until October 11, 2017 to obtain your designation.

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Students that have not obtained their designation by October 11, 2017 will need to enrol in the new CLU program.

Questions?

Please visit our FAQ page for more details.

For any other questions, please contact Member Services.

 


  • 24/7 access to the Advocis Learning Centre
  • Self-test questions, practice exercises and case studies
  • First exam attempt
  • 120-day window for completion
  • Access to the Binder tool
  • Download course content
  • Access to help for course-related questions
  • New audio tool available!

    Whether you're an auditory learner or you prefer to listen to your study material while driving or going for a walk, ReadSpeaker brings a text-to-speech functionality to the learning environment. You'll find the ReadSpeaker button at the top left corner of every course content page. Simply click the button and ReadSpeaker will read the content to you, including the option to highlight the text as it's being read, or if you prefer to listen to that page later you can download the page as an MP3.


  • Self-study: We recommend students create and follow a study schedule, and take advantage of the review tests offered throughout the course. After each assignment, students receive feedback on incorrect responses to advance their learning in preparation for the final exam.

  • Instructor-led: Advocis and CCH have partnered with a number of post-secondary institutions to offer our courses in a classroom setting. Please click here for additional information on how to register for this program through one of our education partners.


Members: $650.00 plus shipping & taxes

Non-members: $850.00 plus shipping & taxes

Administrative Policies:

  • Course is offered on a semester basis
  • A re-write or re-enrollment can be purchased for a fee
  • Allow for 1-2 business days to access the course following the registration and payment process

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