CE Credit Quiz:
Insurance: A Key Component of the Financial Planning Puzzle

There are 10 multiple choice questions. If you receive a passing score of 70% of higher, Envestnet will submit your information for CE credit on your behalf. Please reach out to envestnetinstitute@envestnet.com if you have any further questions.

Question Title

* Name

Question Title

* Firm

Question Title

* CFP ID

Question Title

* CIMA ID

Question Title

* What factor in the Envestnet Financial Wellness circle does insurance fit into?

Financial Planning

Protecting Capital

Managing Credit

Investing

Question Title

* Which of the following is NOT a common challenge for advisors when it comes to using insurance in a financial plan?

Clients are demanding more financial planning services than ever before

Advisors are not fully prepared to deliver a wider range of solutions

Retirement income planning is complex and personal

Insurance products and solutions are not readily available for financial advisors

Question Title

* According to the Spectrem 2018 Defining Wealth Management Study, what percentage of clients expected life insurance advice?

63%

82%

45%

70%

Question Title

* According to the Spectrem 2018 Defining Wealth Management Study, what percentage of clients received life insurance advice?

22%

12%

46%

Question Title

* How should advisors best handle discussing insurance with clients?

The advisor should initiate a discovery discussion

The advisor should never assume clients want additional insurance services and should wait for them to bring up the discussion

The advisor should determine the final products and solutions for their client and then start the discussion

The advisor should recommend their client to a different insurance expert

Question Title

* Less than _% of investors think to ask their advisor about life insurance.

15%

10%

20%

33%

Question Title

* According to the Envestnet 2018 PeerConnect Survey, _% of advisors are not prepared for financial planning?

70%

60%

50%

40%

Question Title

* According to the Envestnet 2018 PeerConnect Survey, _% of advisors are not ready to introduce new services?

85%

80%

75%

70%

Question Title

* Which of the following is NOT an emerging core advisory service?

Tax management

Insurance planning

Credit and mortgage management

Family counseling

Question Title

* Which of the following is NOT a pre-retiree guidance best practice?

Estimating how long assets will last in retirement

Building a portfolio for immediate, rapid growth

Developing a specific strategy for generating income in retirement

Determining health care coverage

CE Credit Quiz:Insurance: A Key Component of the Financial Planning Puzzle

Question Title

* Name

Question Title

* Firm

Question Title

* CFP ID

Question Title

* CIMA ID

Question Title

* What factor in the Envestnet Financial Wellness circle does insurance fit into?

Question Title

* Which of the following is NOT a common challenge for advisors when it comes to using insurance in a financial plan?

Question Title

* According to the Spectrem 2018 Defining Wealth Management Study, what percentage of clients expected life insurance advice?

Question Title

* According to the Spectrem 2018 Defining Wealth Management Study, what percentage of clients received life insurance advice?

Question Title

* How should advisors best handle discussing insurance with clients?

Question Title

* Less than _% of investors think to ask their advisor about life insurance.

Question Title

* According to the Envestnet 2018 PeerConnect Survey, _% of advisors are not prepared for financial planning?

Question Title

* According to the Envestnet 2018 PeerConnect Survey, _% of advisors are not ready to introduce new services?

Question Title

* Which of the following is NOT an emerging core advisory service?

Question Title

* Which of the following is NOT a pre-retiree guidance best practice?

CE Credit Quiz:
Insurance: A Key Component of the Financial Planning Puzzle