DESIGNATIONS AND DIPLOMAS
Please see below for additions to the ALU Level One certificate Requirements
Please scroll down to the bottom of this page to download the Diploma Application Form and other information.
The Academy of Life Underwriting issues certificates and diplomas and confers designations to students who successfully complete ALU examinations and who meet all requirements of the certificate or diploma level.
ALU Level One Certificate
The Level One Certificate is issued to ALU students who have completed the ALU 101 exam and who have met the outside course requirements for the certificate. The certificate indicates completion of a course of study in the fundamentals of life risk selection. Aside from the ALU 101 exam and the LOMA course requirements, there are no prerequisites for the ALU Level One Certificate.
Please note: LOMA has introduced two new courses that may be used to satisfy requirements for the ALU Level One certificate. Effective immediately, the LOMA courses required for the ALU Level One certificate are:
LOMA 280 Principles of Insurance... - or - LOMA 281 Meeting Customer Needs...
Plus... LOMA 290 Insurance Company Operations - or - LOMA 291 Improving the Bottom Line...
Plus... LOMA 311 (or 310) Business Law - or - LOMA 316 (or 315) Business Law (Canada)
ALU Level Two Diploma and
Associate, Academy of Life Underwriting (AALU) Designation
The ALU Level Two Diploma and the AALU designation are presented to ALU students who have completed the ALU 201* and ALU 202* exams and who have met all the outside course requirements for the diploma. The diploma indicates completion of an advanced course of study in the principles of home office life underwriting. A student must hold the ALU Level One Certificate in order to be eligible for the ALU Level Two Diploma and AALU designation.
* Through 2010, optional qualifications for the AALU designation and diploma are available for students who were active in the ALU exam program prior to 2006. Please see the ‘Curriculum Transition’ document for details.
ALU Level Three Diploma and
Fellow, Academy of Life Underwriting (FALU) Designation
The ALU Level Three Diploma and the FALU designation are presented to ALU students who have completed the ALU 301 exam and who have met all the Fellowship Elective requirements for the diploma. The diploma indicates completion of the entire ALU course of study in the principles of home office life underwriting. A student must hold the ALU Level Two Diploma in order to be eligible for the ALU Level Three Diploma and FALU designation.
Transfer of Credit
LOMA and CLU course numbers and content have changed over time, and the ALU Education Committee will accept completion of an earlier version of a LOMA or CLU course for credit. In addition, the Committee recognizes that educational organizations outside the U.S. offer courses equivalent to those listed as requirements for the ALU Certificate and Diplomas. The Committee has reviewed course offerings from a number of institutions and has elected to offer ALU program credit for successful completion of selected courses in those institutions. Please see the ‘Transfer of Credit’ document for details.
Applying for a Certificate or Diploma
To apply for a certificate or diploma, once all requirements are met, complete the ALU Diploma Application form and submit it to the ALU Registrar. The student must include evidence of completion of all certificate or diploma requirements with the application. Completed forms may be submitted to the ALU by mail, international courier service, fax or as PDF attachments to email correspondence. Certificates and diplomas are issued on quarterly conferment dates during the year, on January 1st, April 1st, July 1st and October 1st. Completed forms and valid evidence of completion of elective requirements must be received by the ALU Registrar at least 30 days prior to a conferment date.
Download qualification information and the application form here:
2009-10 ALU DIPLOMA APPLICATION.pdf ALUTransitionGuidelines10-09.pdf
ALUTransferOfCredit10-09.pdf