Which of the following designations may exempt an applicant for a counselor license from examination requirements?

The designation that may exempt an applicant for a counselor license from examination requirements is the Accredited Advisor in Insurance (AAI). This designation is specifically designed for insurance professionals who are committed to providing advisory services and demonstrates a higher level of knowledge and competency in the insurance field. As such, those who hold the AAI designation can often be seen as qualified to bypass certain examination requirements due to their educational background and established proficiency in pertinent areas of insurance.

In this context, the other options, while respected and relevant in various aspects of financial and insurance services, do not typically grant the same exemptions regarding counselor licensing examinations. The Certified Financial Planner (CFP) is primarily focused on personal finance and investment planning, the Chartered Property Casualty Underwriter (CPCU) specializes in property and casualty insurance, and the Registered Health Underwriter (RHU) focuses on health insurance. Each of these designations has its own specific area of expertise but does not align with the licensing requirements for a counseling practice in a manner that would exempt them from examinations like the AAI does.