The Financial Planning Body of Knowledge (FP-BoK) describes knowledge expected of CFP® professionals and FPSC Level 1® Certificants in Financial Planning.
Both CFP professionals and FPSC Level 1 certificants are expected to possess general knowledge of property and casualty insurance products, government and private health care insurance plans and creditor insurance. Their knowledge includes estimating the life and disability insurance needs for an individual, as well as understanding the importance of the common contractual terms contained within life and disability insurance policies. Their expected knowledge will allow them to differentiate between term and permanent insurance and explain the purpose of critical illness and long-term care insurance.
CFP professionals are further responsible for ensuring they have knowledge that will enable them to explain advanced uses of life insurance, estimate the critical illness and long-term care insurance needs for an individual, and explain the types of insurance that may be held in a corporation, including the advantages and disadvantages of doing so.
Version 1.1.0, Updated 20171206 The following articles in this knowledge topic have been updated under Version 1.1.0.
Please visit the Revision History page for more details.
Both FPSC Level 1® Certificants and CFP® Professionals
CFP® Professionals Only
Foundations of Risk and Insurance
read more
Mortality
Morbidity
Property and Casualty Insurance
Property and Casualty Insurance Contracts
Automobile Insurance
Home Insurance / Condominium Insurance
Tenant / Renter Insurance
Title Insurance
Liability Insurance
Health Care Insurance
Government Health Care Insurance
Private Health Services Plans
Travel Insurance
Disability Insurance
Critical Illness Insurance
Long-Term Care Insurance
Foundations of Life Insurance
Life Insurance Contracts
Term Life Insurance
Permanent Life Insurance
Advanced Uses of Life Insurance
Accessing Cash Values from Permanent Life Insurance Policies
Creditor Insurance
Insurance for Corporations
Taxation of Insurance