Slide Deck

47 Slides available anytime
  • 47 Slides

Modern Life Insurance Illustrations: Legitimate Uses, Questionable Practices, and Practical Alternatives


Gain an understanding of the life insurance illustration and ensure that life insurance product recommendations are in your client's best interest.

Significant changes to the definition of life insurance, together with expected increases in income and estate taxes, make life insurance more attractive to HNW and Ultra HNW clients. At the same time best interest rules from the SEC and New York (Reg 187), along with the CFP board's new standards for life insurance product due diligence, are redefining how financial advisors evaluate and recommend life insurance. While life insurance illustrations have been used as decision support for product recommendations in the past, these new best interest rules require new tools and different execution (i.e., as in best execution). This topic will provide a thorough understanding of the life insurance illustration, their legitimate uses, questionable practices, and practical alternatives to ensure that life insurance product recommendations are in your client's best interest.



Barry D. Flagg, CFP®, CLU®, ChFC®, GFS®, AEP®

Barry D. Flagg, CFP®, CLU®, ChFC®, GFS®, AEP®

Veralytic Inc.

  • Oldest, youngest CFP® in the history of the College for Financial Planning
  • Member of The Center for Board Certified Fiduciaries and head of Life Insurance Curriculum
  • Volunteer – CFP® Board Professional Standards & Legal Department
  • Managing director of Triangulum Financial Partners serving as sub-advisor to institutional trust companies for thousands of life insurance trusts
  • Contributor for Forbes Advisor
  • Inventor, founder & president of Veralytic – the only patented, online, objective, rules-based research tool for decision support of product recommendations in clients’ best interest
  • Contributor – Leimberg Information Services, Inc. estate planning and financial products newsletters
  • Frequent speaker and writer about the prudent selection or retention and proper management of life insurance according to fiduciary principles

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.