Annuity Certification Course

4 4 hr annuity how fixed variable and index annuities affect.

Annuity certification course. Suitability in annuity transactions training requirements regulation 187 part 224 of title 11 of the official compilation of the state of new york requires insurers set forth standards and procedures for recommendations to consumers with respect to annuity contracts so that the insurance needs and financial objectives of the consumers are appropriately addressed. Certification training satisfy state annuity training requirements with courses designed to meet all recommendations of the naics suitability in annuity transactions model regulation. 8 california 8 hour annuity training 2014 online add to cart. Atp is the industry wide solution that enables producers to complete the required state suitability and carrier specific product training on one shared platform.

It is the responsibility of the producer to know these training requirements. Any resident agent licensed before september 01 2011 the effective date of house bill hb 2277 who wishes to sell an annuity product in texas but has not taken the annuity certification course before that effective date must take either the certification course or the one time training course as described in the texas insurance code tic 1115056 as. 8 ca 8 hour annuity training 2019 online add to cart. Completing annuity training and notifying carriers and distributors of course completion is easy through regeds annuities training platform atp.

Thereafter in subsequent license terms you must complete a four hour california specific annuity training course prior to the renewal of your license if you sold any annuity products during that license term. This class provides the full 8 hours of california specific annuities training insurance producers must complete before being permitted to sell annuities in the state using the mandatory state approved outline as well as the suitability in annuity transactions training standards promulgated by the naic. As long as you have completed the california specific eight hour cdi approved annuity training course you are authorized to sell annuity products during the current license term. Each of our state approved courses can qualify as part of your producers state continuing education requirements and credits can be applied across all states that share reciprocity.

A producer completing these courses can earn continuing education credit towards the renewal of their insurance license and may satisfy the suitabilitybest interests training requirements of the insurance companies with whom he or she works. 4 hour annuity training course this course offers a thorough orientation to annuities and their application for long term asset accumulation and income distribution.