Investment Dictionary

Chartered Life Underwriter (CLU)

Designation granted by American College, Bryn Mawr, PA, the insurance and financial service industry’s oldest and largest fully accredited institution of higher learning in the United States. Designation requires completion of ten college-level courses, three years of qualifying experience, and adherence to a strict code of ethics. All CLU may join the American Society of CLU and ChFC, a professional association also headquartered in Bryn Mawr, for continuing education opportunities and other member services. The American Society has chapters in all 50 states.

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