Certification: Life and Annuity Certified Professional (LACP)
2901 Telestar Court Falls Church, VA 22042
The NAIFA Certification Commission has developed the LACP certification for those advisors wishing to demonstrate knowledge and experience beyond the requirements for industry licensure. The LACP
assesses client needs and implements solutions in accordance with the highest ethical standards, ensuring that those needs are met on an ongoing basis. These certified professionals exemplify excellence in the following areas:
• Product knowledge
• Consultative sales process
• Ethical, legal, and regulatory requirements
Certification is a means for qualified individuals to indicate to clients, employers, co-workers, insurance companies, and other stakeholders that they have met the standards of an impartial, recognized organization. Certification also provides assurance to stakeholders that persons certified have met objective standards of knowledge.
Certification is awarded to individuals who satisfy the eligibility criteria, pass the LACP certification examination, and agree to uphold the
established NAIFA Code of Ethics.
assesses client needs and implements solutions in accordance with the highest ethical standards, ensuring that those needs are met on an ongoing basis. These certified professionals exemplify excellence in the following areas:
• Product knowledge
• Consultative sales process
• Ethical, legal, and regulatory requirements
Certification is a means for qualified individuals to indicate to clients, employers, co-workers, insurance companies, and other stakeholders that they have met the standards of an impartial, recognized organization. Certification also provides assurance to stakeholders that persons certified have met objective standards of knowledge.
Certification is awarded to individuals who satisfy the eligibility criteria, pass the LACP certification examination, and agree to uphold the
established NAIFA Code of Ethics.
- More than two years of education or training after high school required?
- Yes
- More than two years of work experience required?
- Yes
- Oral or Written Exam Required?
- Yes
- Renewal Required?
- Every 3 Year(s)
- Renew through Continuing Educational Units(CEU)?
- Yes
- Renew through Re-Examination?
- Yes
- Renew through Continuing Professional Development(CPD)?
- No
- Does applicant have choice of at least two options from above for renewal (CEU, CPD, or exam)?
- No
Advanced
The certification has an education level of an Associates of Arts or Associates of Sciences degree or higher and has a work experience requirement of more than 2 years, or requires obtaining a âcoreâ level certification from the same organization.
- This certification is accredited by the National Commission for Certifying Agencies (NCCA).