Fraternal Insurance Counselor Fellow Program (FICF)
The Fraternal Insurance Counselor Fellow designation is the second designation Fraternal Professionals earn to advance their commitment to the society. Develop your skills in insurance and financial industries with three graduate courses in Estate Planning, Business Insurance, and Financial Products.
Benefits for FICF designation holders:
- Improve customer service with insurance-specific training.
- Support your organization by improving your knowledge as a Fraternal Professional.
- Earn CE credit for FICF courses. After enrolling, refer to your online course to check for CE eligibility in your state.
- Receive transfer credits toward The American College’s FSCP® Designation.
FICF Program Overview
Graduate I Estate Planning Concepts
This is an advanced markets course for fraternal field agents seeking to both successfully sell life insurance for estate protection purposes and work with other members of the estate planning team. The course covers the use of estate liquidity in connection with trusts—both as a funding medium for business agreements and as an effective combination with the estate tax marital deduction.
Graduate II Business Insurance Concepts
The insurance needs of proprietorships, partnerships, and corporations are discussed in this comprehensive course. It explains key employee insurance, deferred compensation, split dollar, executive bonus plans, group insurance, and advanced sales agreements. Learners receive valuable prospecting tips and sales ideas.
Graduate III Financial Products Training Course
This course presents an overview of today’s key investment options—how they work, tax consequences, strengths, and weaknesses. It covers deposit accounts, insurance, annuities, securities, mutual funds, and qualified retirement plans.
- Enroll in the program by emailing firstname.lastname@example.org or calling 888.450.4685.
- The FIC designation costs $49.00 per course.
- Receive one year of online access for each course.
- Printed textbooks are available for an additional fee.
- Take an online exam for each course.
- Retake the online exam until you successfully pass the course.
- Upon successful completion of the FIC program, a diploma and fraternal pin will be sent to you.
To successfully complete the FIC program, all new candidates must meet the following qualifications:
- Pass the Basic, Ethics, Intermediate, and Advanced final examinations. Exception: The Intermediate and Advanced final examinations are waived for FIC candidates who have received the CLU®, ChFC®, or CFP® designations.
- Work with current fraternal benefit society for 6 consecutive months. Fraternal benefit societies must be members of the Fraternal Field Managers’ Association in order for affiliated candidates to meet the qualification requirements.
Final exams for these correspondence courses consist of multiple-choice questions. Grades are reported as a percentage of correct answers. Candidates who answer 70% or more of the questions correctly pass the test. Those not passing a test may retest after 30 days and payment of required fees.
Applying for an Exam
- Application: Exams are included as part of the online course package purchased for each candidate by their society official. No formal application is needed to take the exam with Kaplan Financial Education.
- Timeframe: Candidates have an online subscription period of one year. They may take the exam as many times as they want until they attain a passing score.
- Fees: The cost of each examination is the responsibility of the candidate or the candidate’s society.
Exam Administration and Proctoring Rules
- The candidate shall have a private place free from distractions in which to take the exam.
- The candidate must not have at hand, or refer to, the study courses or any sources of reference. Exams are designed to be fair and adequate tests of a candidate’s knowledge of the FIC/FICF course materials.
- The candidate must not see the test questions before sitting for the exam.
- If the exam is being taken for state CE credit, any state proctoring or other course completion rules will apply.
The College For Financial Planning's LUTCF® Professional Designation
Fraternal Insurance Counselor (FIC) designation holders receive direct credit for the completion of LUTCF® Course 1: Introduction to Practice Management & Life Insurance. FIC designees are only required to complete LUTCF® course 2 and LUTCF® course 3 to be eligible for the LUTCF® Designation. Additional details on the LUTCF® Program can be found here.
The American College's Financial Services Certified Professional FSCP®
Upon successful completion of the FIC, students will earn reciprocal credit saving students $302 towards the designation. Credit will be granted for The American College’s FA 202 (Techniques for Meeting Client Needs) if the student has passed the FIC’s Basic Introduction to Life Insurance course.
Start FICF Designation coursework for just $49!
To enroll, email email@example.com.
Other Fraternal Programs
Earn all three of the industry recognized Fraternal designations with Kaplan.
Fraternal Insurance Counselor
1st Fraternal Designation
Earn this industry recognized designation to extend your product knowledge and practice consultative selling in the FIC Program.
Fraternal Financial Services Counselor
3rd Fraternal Designation
After earning the FICF designation, expand your expertise on securities and long-term wealth management in the FFSC Program.