NAIFA Certification Commission Receives Accreditation of its Life and Annuity Certified Professional (LACP) certification program from the National Commission for Certifying Agencies (NCCA)
NAIFA Certification Commission joins an elite group of more than 130 organizations representing over 315 programs that have received and maintained NCCA accreditation
FALLS CHURCH, Va. (May 22, 2019) —The National Commission for Certifying Agencies (NCCA) has accredited the National Association of Insurance and Financial Advisors (NAIFA) Certification Commission’s Life and Annuity Certified Professional (LACP) certification for a five-year period, effective May 13, 2019.
Founded in 2017, the NAIFA LACP certification program is governed by the NAIFA Certification Commission, which functions as an independent certifying body acting in the public interest by establishing and enforcing education, examination, experience and ethics requirements for certification. To become an LACP, practitioners must meet the eligibility criteria and successfully complete the LACP examination. Currently, more than 400 insurance and financial professionals are certified to use the LACP certification.
The NAIFA Certification Commission received NCCA accreditation of its LACP program by submitting an application demonstrating the program’s compliance with the NCCA’s Standards for the Accreditation of Certification Programs. NCCA is the accrediting body of the Institute for Credentialing Excellence (formerly the National Organization for Competency Assurance). Since 1977, the NCCA has been accrediting certifying programs based on the highest quality standards in professional certification to ensure the programs adhere to modern standards of practice in the certification industry. Click here to purchase a copy of the NCCA Standards.
“The NAIFA Certification Commission is pleased to join an elite group of organizations that have received and maintained NCCA accreditation,” said Chair Brian Haney, CLTC, CFS, CFBS, CIS, LACP. “The NAIFA LACP certification serves consumers by recognizing financial professionals with a mark of distinction for their product knowledge, consultative sales process, and compliance to ethical, legal, and regulatory requirements. LACP practitioners are held to a standard of excellence that defines and differentiates them from their peers and to the clients they serve.”
To begin the path to LACP certification, professionals must meet the exam eligibility criteria and pass the certification examination that addresses the following three areas: product knowledge, consultative sales process, and commitment to ethical conduct.
Eligible professionals may register to take the exam during three month-long testing windows each year in July, October and January. The proctored exams are administered by Scantron through a network of nearly 1,000 testing centers in cities throughout the world.The deadline for the July test window is June 1 (registrations will be accepted until June 15 with a $50 late fee).Registration for the month of October is Sept. 1; registration for January is Dec. 1.) See Exam Schedule and Registration.
“The NCCA-accredited LACP certification will be key to helping consumers find an advisor they can trust with in-depth knowledge and informed advice on securing financial futures,” said NAIFA CEO Kevin Mayeux, CAE. “NAIFA thanks the Certification Commission and Committee Members and the many other subject matter experts who volunteered their time and expertise to developing the LACP certification program.”
There are more than 315 NCCA-accredited programs that certify individuals in a wide range of professions and occupations including nurses, financial professionals, respiratory therapists, counselors, emergency technicians, crane operators and more. Of ICE’s more than 370 organizational members, 130 of them have accredited programs.
Founded in 1890 as The National Association of Life Underwriters (NALU), NAIFA is the oldest, largest and most prestigious association representing the interests of insurance professionals from every Congressional district in the United States. Our mission – to advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of its members – is the reason NAIFA has consistently and resoundingly stood up for agents and called upon members to grow their knowledge while following the highest ethical standards in the industry.
About the Institute for Credentialing Excellence
ICE’s mission is to advance credentialing through education, standards, research, and advocacy to ensure competence across professions and occupations. NCCA was founded as a commission whose mission is to help ensure the health, welfare, and safety of the public through the accreditation of a variety of certification programs that assess professional competence. NCCA uses a peer review process to: establish accreditation standards; evaluate compliance with these standards; recognize programs which demonstrate compliance; and serve as a resource on quality certification. ICE and NCCA are located at 2025 M Street, N.W., Suite 800, Washington, DC 20036-3309; telephone 202/367-1165; fax 202/367-2165; website www.credentialingexcellence.org.