Life Underwriter Training Council FellowSM, LUTCF®
The College for Financial Planning (College) serves as the National Association of Insurance and Financial Advisors' (NAIFA) appointed agent by administering the LUTCF® designation and the standards and requirements for obtaining and maintaining authorization to use the designation. NAIFA and the College (through a sublicense agreement) co-confer authorization to individuals to use the LUTCF® designation.
The authorization to use the LUTCF® designation is granted to students who successfully complete the educational program, pass the final examinations and complete the designation application which includes:
- Standards of Professional Conduct. The Code establishes minimum standards of acceptable professional conduct for persons authorized to use one of the professional designations.
- Self-Disclosure. Applicants must disclose of any criminal, civil, self-regulatory organization, or governmental agency inquiry, investigation, or proceeding relating to their professional or business conduct. Initial conferment and renewed authorization to use the designation is contingent upon the review of matters either self-disclosed or which are discovered by the College that are required to be disclosed.
- Terms and Conditions Statement. The Terms and Conditions statement outlines designees' rights to use the College's Marks and acknowledges the rights of NAIFA to protect the trademarks/service marks from unauthorized use by individuals or entities.
- Affirm Completion of Field Work. Applicants must affirm successful completion of the assignments and field exercises as outlined in the education program course work.
- NAIFA Membership. Applicants must be a member in good standing with NAIFA.
Applicants must complete the designation application within six months of completing the program. Failure to complete the application within this time frame will result in termination of the individual's candidacy. If an individual wishes to apply for authorization to use the designation in the future, he or she will be required to pay a fee.
Successful applicants receive a certificate and are granted the right to use the designation on correspondence and business cards for a two-year period (subject to state and federal regulations and employers' policies regarding use of professional designations.)
Continued use of the designation is subject to ongoing renewal requirements. Every two years individuals must renew their right to continue using the designation by:
- completing 3 hours of continuing education in the subject area of Ethics;
- reaffirming to abide by the Standards of Professional Conduct, Terms and Conditions, and self-disclose any criminal, civil, self-regulatory organization, or governmental agency inquiry, investigation, or proceeding relating to their professional or business conduct; and
- paying a biennial renewal fee of $50.
Details on the renewal requirements can be found on the Renewal Requirements page.