chartered life underwriter

chartered life underwriter definition - finance
A common qualification for life insurance agents. Typically those holding a CLU also hold a chartered financial consultant (ChFC). The CLU designation typically takes several years to obtain and involves passing an exam and meeting ethical standards and continuing education requirements.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.