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Annuities Training Platform
Welcome to the industry’s largest and most comprehensive annuities training platform, with real-time reciprocity and requirements tracking to meet your training requirements.
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State Requirements
Please select a state below to display the current regulation and requirements. Emerging requirements are updated regularly so please check back if your state does not currently have a requirement or if the requirement is pending. For information on all states, select “Download PDF” at the bottom of this page.
Effective 1/1/2022, Alabama holds producers to a best interest standard of conduct when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an annuity training course approved by the department prior to 1/1/2022 must complete either a new one-time 4 hour course or an additional one-time 1 hour course by 6/30/2022. Producers who obtain a life insurance license on or after 1/1/2022 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Alabama’s training requirement. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy Alabama’s training requirement. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the AL requirement:
Click on course name to view description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*The 1 hour option was available until 6/30/2022 and to those who have completed the original training course before 1/1/2022. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Training Effective 1/15/2023: Alaska requires producers to act in the best interest of the consumer when recommending an annuity. Alaska is switching from the suitability standard courses to the best interest standard courses on 1/15/2023. Producers are given a compliance deadline of 7/15/2023. Producers who are selling annuities or wish to sell annuities have until 7/15/2023 to complete the new one-time 4 hour course. New producers must complete the new one-time 4 hour course before selling annuities. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy Alaska’s training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the AK requirement:
Click on course name to view description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
1 hour course options:*
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under the prior annuity suitability law may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
*1 hour option is available to producers who completed the original suitability standard training prior to 1/15/2023 and is available until 7/15/2023. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective January 1, 2021: Arizona requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include all annuity transactions and the new standard of conduct sales practices. Producers who have already completed the original training requirement before January 1, 2021 must complete either a new one-time 4 hour course or an additional one-time 1 hour course before July 1, 2021. Producers who obtain a life insurance license on or after the effective date must complete the new one-time 4 hour course before selling annuities. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy Arizona’s training requirement. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the AZ requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Arizona offered 1 hour option until 6/30/2021 and only to those who have completed the original training courses before 1/1/2021. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI. The 1 hour courses were 491 and 491_IN.
If you are a producer and need to access these courses, click here to register as a user and start your course today!
Training Effective 1/1/2022: Arkansas requires producers to act in the best interest of the consumer when recommending an annuity. Producers who are selling annuities or wish to sell annuities have until 1/1/2022 to complete the new one-time 4 hour course. Producers who wish to sell annuities on or after 1/1/2022 must complete the new one-time 4 hour course before selling annuities. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy Arkansas’ training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the AR requirement:
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
1 hour course options:*
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under the prior annuity suitability law may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
*Annuity training is brand new to Arkansas. Arkansas is offering the 1 hour to those who have previously completed the original training in another state. The original training courses are 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access these courses, click here to register as a user and start your course today!
This jurisdiction has a pending Best Interest Standard rule.
Currently in effect: All resident and non-resident agents selling annuities must complete the California 8-Hour Annuity Training course. Thereafter, any resident or non-resident life producer who solicits individual consumers in order to sell annuities must complete a 4-hour specifically designated annuity training course every two years prior to license renewal. Agents exempt from continuing education requirements are not exempt from annuities training as required per license term. Insurers must provide product-specific training.
Participating carriers on the ATP have deemed the following RegEd courses to meet the CA requirement:
Click on course name for description
Initial Requirement:
The California Insurance Code requires that California resident and non-resident life agents who sell annuity products must complete eight hours of annuity training that is approved by the California Department of Insurance (CDI). This course will satisfy those requirements. Specifically, we will discuss various types of annuities, annuity suitability and the senior market for annuities.
Ongoing Requirement:
This course covers the sale of annuities in the senior market in California. It discusses the primary uses and types of annuities, needs and concerns of seniors, suitability of annuities to meet those needs, and types of financial products other than annuities that might also meet those needs. The course also discusses issues regarding buyer competency in the senior market and other issues of annuity product ethics and compliance. California course.
This course covers annuity suitability in the senior market. It discusses the types of annuities and their primary uses, investment needs and concerns of seniors, and the role of annuities and other financial products to meet those needs. It discusses the issues of buyer competence and annuity product ethics and compliance. California course.
If you are a producer and need to access these courses, click here to register as a user and start your courses today!
Effective 11/1/2022, Colorado requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an annuity training course approved by the department prior to 11/1/2022, must complete either a new one-time 4 hour course or an additional one-time 1 hour course by 4/30/2023. Producers who obtain a life insurance license on or after 11/1/2022 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Colorado’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Colorado. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the WI requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Colorado offered the 1 hour option until 4/30/2023 to those who have completed the original training courses before 11/1/2022. ATP CAB deemed the 1 hour option remain available until 4/30/2023. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 3/1/2022, Connecticut adopted an amendment that holds producers to a best interest standard of conduct when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an annuity training course approved by the department prior to 3/1/2022 must complete either a new one-time 4 hour course or an additional one-time 1 hour course by 8/31/2022. Producers who obtain a life insurance license on or after 3/1/2022 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Connecticut’s training requirement. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy Connecticut’s training requirement. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the CT requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Connecticut offered the 1 hour option until 8/31/2022 to those who have completed the original training course before 3/1/2022. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 8/1/2021,Delaware requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct sales practices. Producers who have already completed the original training requirement before 8/1/2021 must complete either a new one-time 4 hour course or an additional one-time 1 hour course by 2/1/2022. Producers who obtain a life insurance license on or after 8/1/2021 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Delaware’s requirement. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy Delaware’s training requirement. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the DE requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Delaware offered the 1 hour option until 2/1/2022 and only to those who have completed the original training courses before 8/1/2021. The original training courses are 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access these courses, click here to register as a user and start your course today!
Currently in effect: Producers holding a life line of authority on 6/24/2011 and who sell or wish to sell annuities must complete 4 hours of one-time training in annuities by 12/24/2011. Producers who obtain a life insurance line of authority on or after 6/24/2011 must complete the training before selling annuities. Insurers must provide product-specific training. Resident and non-resident producers may complete equivalent annuity training in any state.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the DC requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 1/1/2024, Florida requires agents to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. An agent who has completed an annuity training course approved by the department prior to 1/1/2024, must complete either a new one-time 4 hour course or an additional one-time 1 hour course by 7/1/2024. Agents licensed on or after 1/1/2024, must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Florida’s requirement. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy Florida’s training requirement. Insurers must provide product-specific training.
Effective 10/1/13: Insurers must provide product-specific training.
Beginning with CE compliance cycles ending 10/31/14: Senior Suitability training will be part of the 5-hour CE Update courses for the appropriate lines of authority, and not a separate requirement. RegEd is removing the Senior Suitability course 176_FL from ATP for users whose license renewals are after 10/31/14. 5-hour CE Update courses will not be put into ATP as they include non-annuities material as well as Senior Suitability, and are a requirement for maintaining a license.
Best Interest rules will be effective 8/1/2023.
Effective 3/1/16: Producers holding a life line of authority on or before 3/1/16 and who sell or wish to sell annuity products must complete 4 hours of one-time annuity training by 9/1/16. Producers who obtain a life line of authority on or after 3/1/16 and wish to sell annuity products must complete this training before selling annuity products. Insurers must provide product-specific training. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Georgia’s training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the GA requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 1/1/2023: Hawaii requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer licensed on or before 12/31/2022 will have until 7/1/2023 to complete either a new one-time 4 hour course approved after 12/31/2022 or an additional one-time 1 hour course. Producers who obtain an insurance license after 12/31/2022 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Hawaii’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Hawaii. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd course to meet the HI requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
1 hour course options:*
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under the prior annuity suitability law may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
*1 hour option is available to producers who completed the original suitability standard training prior to 1/1/2023 and is available until 7/1/2023. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
Effective 7/1/2021, Idaho requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an annuity training course approved by the department prior to 7/1/2021, must complete either a new one-time 4 hour course or an additional one-time 1 hour course by 2/1/2022. Producers who obtain a life insurance license on or after 7/1/2021 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Idaho’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Idaho. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the ID requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
If you are a producer and need to access this course, click here to register as a user and start your course today!
*Idaho offered the 1 hour option until 2/1/2022 and only to those who have completed the original training courses before 7/1/2021. The original training courses are 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
Best Interest rules will be effective 8/1/2023.
Effective 9/26/11: Insurance producers who hold a life line of authority on or before June 30, 2012 and who wish to sell annuities on or after July 1, 2012, must complete four (4) hours of annuity training by July 1, 2012. Individuals who obtain a life license on or after July 1, 2012 must complete training before selling annuity products. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Illinois’ training requirement. Insurers must provide product-specific training. When an annuity product offers any long-term care benefits, the producer must also complete Illinois’ Long-Term Care training requirement before selling.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the IL requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 1/1/12: Producers holding a life line of authority on 1/1/12 who sell or wish to sell annuity products must complete 4 hours of one-time annuity training by 7/1/12. Producers who obtain a life line of authority on or after 1/1/12 and wish to sell annuity products must complete this training before selling annuity products. Insurers must provide product-specific training. Resident and non-resident producers may complete equivalent annuity training in any state.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the IN requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 1/1/2021: Iowa requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include all annuity transactions and the new standard of conduct sales practices. Producers who have already completed the original training requirement before January 1, 2021 must complete either a new one-time 4 hour course or an additional one-time 1 hour course before July 1, 2021. Producers who obtain a life insurance license on or after the effective date must complete the new one-time 4 hour course before selling annuities. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy Iowa’s training requirement. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the IA requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Iowa offered the 1 hour option until 6/30/2021 and only to those who have completed the original training courses before 1/1/2021. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI. The 1 hour courses were 491 and 491_IN.
Indexed Products currently in effect: All insurance producers selling or soliciting Indexed Products in Iowa must obtain 4 continuing education credits by an approved vendor offering an Indexed Product Course. This is a one-time requirement and is not a condition of license renewal.
Participating carriers on the ATP have deemed the following RegEd course to meet the IA requirement:
Click on course name for description
This course covers the main characteristic of indexed annuities and indexed insurance products. It discusses the various indexed crediting mechanisms for various indexed products and explains the impact of participation rates, cap rates, and margins. It discusses requirements for illustrations, tax rules, and suitability considerations, especially for senior clients.
If you are a producer and need to access this course, click here to register as a user and start your course today!
This jurisdiction has a pending Best Interest Standard rule.
Effective 6/1/13: Producers holding a life line of authority on or before 6/1/13 who sell or wish to sell annuity products must complete 4 hours of one-time annuity training by 12/1/13. Producers who obtain a life line of authority on or after 6/1/13 and wish to sell annuity products must complete this training before selling annuity products. Insurers must provide product-specific training. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Kansas’ training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the KS requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 1/1/2022, Kentucky requires agents to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. Agents licensed before 1/1/2022 must complete the training by 6/30/2022. Agents who have completed the original annuity training course under the old rule, must complete either a new one-time 4 hour course or an additional one-time 1 hour course. Agents who obtain a life insurance license on or after 1/1/2022 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Kentucky’s requirement for Non-residents only. Residents must complete a KY approved course completed on or after 1/1/2022.
Resident Course Recommendations: Residents must complete a KY approved course on or after 1/1/2022:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
1 hour course options:*
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Non-Resident Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the KY requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
1 hour course options:*
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under the prior annuity suitability law may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
*Kentucky is offering the 1 hour option only to those who have completed the original training course. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 8/1/12: Producers holding a life line of authority on or before 8/15/12 who sell or wish to sell annuity products must complete 4 hours of one-time annuity training by 1/1/13. Producers who obtain a life line of authority on or after 8/15/12 and wish to sell annuity products must complete this training before selling annuity products. Insurers must provide product specific training beginning August 1, 2012. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Louisiana’s training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the LA requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 1/1/2022, Maine requires agents to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. Producers who have already completed the original training approved by the department prior 1/1/2022 must complete either a new one-time 4 hour course or an additional one-time 1 hour course within 6 months. Producers who obtain a life insurance license on or after 1/1/2022 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Maine’s requirement. A producer may satisfy the training requirements by taking two or more approved courses, if those courses combined in a single course, would meet Maine’s training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the ME requirement:
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*The 1 hour option was available until 7/1/2022 and to those who have completed the original training course before 1/1/2022. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 10/8/2022, Maryland requires intermediaries to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. Producers licensed before 10/8/2022 must complete the within 6 months of the effective date. A producer who has completed an annuity training course approved by the department prior to 10/8/2022, has 6 months to complete either a new one-time 4 hour course or an additional one-time 1 hour course. Producers who obtain a life insurance license on or after 10/8/2022 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Maryland’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Maryland. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the MD requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Maryland offered the 1 hour option until 4/8/2023 to producers who completed the original training prior to 10/8/2022. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Currently in effect: Massachusetts requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. There is no 6 month grace period: Producers who have already completed the original training must complete the 1 or 4 hour course by 6/1/2023. Producers licensed on or after 6/1/2023 must complete the 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Massachusetts requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Massachusetts. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the MA requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 6/29/2021, Michigan adopted an amendment that requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an annuity training course approved by the department prior to 6/29/2021, must complete either a new one-time 4 hour course or an additional one-time 1 hour course by 12/29/2021. Producers licensed on or after 6/29/2021 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Michigan’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Michigan. Insurers must provide product-specific training.
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*The 1 hour option is no longer available in Michigan as of 12/29/2021.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 1/1/2023: Minnesota requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. Producers licensed before 1/1/2023 and who have already completed the original training requirement will have until 6/30/2023 to complete either a new 1 hour or 4 hour course. Producers who obtain a life insurance license on or after 1/1/2023 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Minnesota’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Minnesota Insurers must provide product-specific training.
MN will have a state specific courses. An additional course topic is required that does not appear in the NAIC Model #275. The additional course topic is “the recognition of indicators that a prospective insured may lack the short-term memory or judgment to knowingly purchase an insurance product” and the Minnesota version of the annuity courses will be called “Best Interest Standards of Conduct for Annuity Sales”.
Reciprocity: The generic and IN versions of 490 and 491 contain a smaller percentage of the MN specific content, which was deemed to be reciprocal by participating carriers on the ATP to meet the MN requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
1 hour course options:*
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under the prior annuity suitability law may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
*1 hour option is available to producers who completed the original suitability standard training prior to 1/1/2023 and is available until 6/30/2023. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 1/1/2022, Mississippi adopted an amendment to require producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. Producers licensed before 1/1/2022 must complete the training by 6/30/2022. Those who have completed an annuity training course approved by the department prior to 1/1/2022, are given the option of either a new one-time 4 hour course or an additional one-time 1 hour course. Producers who obtain a life insurance license on or after the 1/1/2022 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Mississippi requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Mississippi. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the MS requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*The 1 hour option was available until 6/30/2022 and to those who have completed the original training course before 1/1/2022. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 3/30/17: Producers holding a life line of authority on or before 3/30/2017 and who sell or wish to sell annuity products must complete 4 hours of one-time annuity training by 9/30/17. Producers who obtain a life line of authority on or after 3/30/2017 and wish to sell annuity products must complete this training before selling annuity products. Insurers must provide product-specific training. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Missouri’s training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the MO requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective October 1, 2021, Montana requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an annuity training course approved by the department prior to the effective date, must complete either a new one-time 4 hour course or an additional one-time 1 hour course by 4/1/2022. Producers who obtain a life insurance license on or after the effective date must complete the new one-time 4 hour course before selling annuities. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Montana. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the MT requirement:
Click on course name to view description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Montana offered the 1 hour option until 4/1/2022 and only to those who have completed the original training courses before 10/1/2021. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 7/1/2021, Nebraska requires agents to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an annuity training course approved by the department prior to 7/1/2021, must complete either a new one-time 4 hour course or an additional one-time 1 hour course by 12/31/2021 . Producers who obtain a life insurance license on or after 7/1/2021 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Nebraska’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Nebraska. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the NE requirement:
Click on course name to view description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Nebraska offered the 1 hour option only to those who have completed the original training courses before 7/1/2021. NE inactivated the 1 hour BI courses in February 2022. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
This jurisdiction has pending annuity training legislation/regulation.
Effective 1/1/15: Producers holding a life line of authority on or before 1/1/15 and who sell or wish to sell annuity products must complete 4 hours of one-time annuity training by 7/1/15. Producers who obtain a life line of authority on or after 1/1/15 and wish to sell annuity products must complete this training before selling annuity products. Insurers must provide product-specific training. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with New Hampshire’s training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the NH requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Delayed Operative Date 8/4/13: Producers holding a life line of authority on or before 2/4/13 who sell or wish to sell annuity products must complete 4 hours of one-time annuity training by 8/4/13. Producers who obtain a life line of authority on or after 2/4/13 and wish to sell annuity products also have until 8/4/13 to complete this training before selling annuity products. Insurers must provide product-specific training. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with New Jersey’s training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the NJ requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access these courses, click here to register as a user and start your courses today!
Effective 10/1/2022: New Mexico requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an original annuity training course prior to 10/1/2022, must complete either a new one-time 4 hour course or an additional one-time 1 hour course by 4/1/2023. Producers who obtain a life insurance license on or after 10/1/2022 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with New Mexico requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in New Mexico. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the NM requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Annuity Training is a new requirement in New Mexico. New Mexico offered a 1 hour option until 4/1/2023 to producers who completed the original suitability standard training in another state. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 8/1/2019 for Annuities, Effective 2/1/2020 for Life: NY Regulation 187 adopts a Best Interest Standard. Insurers are responsible for ensuring every producer recommending any annuity or life transaction with respect to the insurers policies is adequately trained. Insurers shall establish and maintain procedures designed to prevent financial exploitation and abuse. No specific hourly requirements have been instituted.
Participating carriers on the ATP have deemed the following RegEd courses to meet the NY requirement for those selling Life and Annuities:
Click on course name for description
This course informs producers of their obligation under New York Regulation 187 to act in the best interest of their clients when recommending annuities or life insurance transaction. It discusses the process of determining suitability, the problem of conflict of interest, and disclosure to the client of the pros and cons underpinning a recommendation. It discusses special rules that come to play in replacement transactions and when a senior client is at risk due either to diminished capacity or financial exploitation.
This course discusses the obligations of insurance producers under New York Regulation 187 to act in the best interest of their clients when recommending the purchase of life insurance or annuities. It describes the types of transactions covered by the regulation, the collection of suitability information, general suitability requirements, the problem of conflict of interest, disclosures required to be made to the client, and special rules applicable in replacement transaction.
RegEd offers a course for producers selling Life Only:
This course informs producers of their obligation under New York Regulation 187 to act in the best interest of their clients when recommending life insurance. It discusses the process of determining suitability, focusing on suitability of common types of life insurance; the problem of conflict of interest; and disclosure to the client of the pros and cons underpinning a recommendation. It discusses special rules that come to play in replacement transactions and when a senior client is at risk due either to diminished capacity or financial exploitation.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 1/1/2023, North Carolina requires producers to act in the best interest of the consumer when recommending an annuity. Annuity training is new in NC and is a one-time 4 hour requirement. Producers licensed prior to 1/1/2023, who are authorized to sell annuity products must complete the training requirement by 7/1/2023, Producers licensed on or after 1/1/2023 must complete the training before selling annuities. A 1 hour option is available to those who have previously completed the original suitability standard training in another state. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy North Carolina’s training requirement. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd course to meet the NC requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
1 hour course options:*
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under the prior annuity suitability law may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
*Training is new in NC, but 1 hour option is available to producers who completed another state’s original suitability standard training prior to 1/1/2023. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
Effective 1/1/2022, North Dakota requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an annuity training course approved by the department prior to January 1, 2022, has until 6/30/2022 to complete either a new one-time 4 hour course or an additional one-time 1 hour course. Producers who obtain a life insurance license on or after the January 1, 2022 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with North Dakota’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in North Dakota. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the ND requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*The 1 hour option was available until 6/30/2022 and to those who have completed the original training course before 1/1/2022. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective February 14, 2021, Ohio requires agents to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct sales practices. Agents who have already completed the original training requirement before 2/14/2021 have until 8/14/2021 complete either a new one-time 4 hour course or an additional one-time 1 hour course. Agents who obtain a life insurance license on or after 2/14/2021 must complete the new one-time 4 hour course before selling annuities. The satisfaction of training in another state that is substantially similar will satisfy Ohio’s training requirement. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy Ohio’s training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the OH requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Ohio offered 1 hour option until 8/14/2021 and only to those who have completed the original training courses before 2/14/2021. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI. The 1 hour courses were 491 and 491_IN.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Best Interest rules are pending.
Currently in effect: Producers holding a life line of authority on 7/14/10 who sell or wish to sell annuity products must complete 4 hours of one-time training in annuities by 7/14/11. Producers who obtain a life line of authority on or after 7/14/10 must complete the training before selling annuities. This training may be applied toward the hours needed for continuing education. Resident and non-resident producers may complete equivalent training in any state.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the OK requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
This jurisdiction has a pending best interest legislation.
Currently in effect: Producers holding a life line of authority on 7/1/11 who sell or wish to sell annuity products must complete 4 hours of one-time training in annuities by 1/1/12. Producers who obtain a life insurance line of authority on or after 8/1/11 must complete the training before selling annuities. Insurers must provide product-specific training. Resident and non-resident producers may complete equivalent annuity training in any state.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the OR requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 6/20/2022, Pennsylvania requires agents to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. Producers licensed prior to 6/20/2022, who are authorized to sell annuity products in Pennsylvania, and who have completed the original training, must complete the new one-time, 1 hour course or the new one-time 4 hour course by 12/20/2022. Producers licensed on or after 6/20/2022, must complete the new one-time 4 hour course before the end of their first complete license period. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy Pennsylvania’s training requirement. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the PA requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Pennsylvania offered the 1 hour option to those who have completed the original training courses before 6/20/2022. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective April 1, 2021: Rhode Island requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include all annuity transactions and the new standard of conduct sales practices. Producers who have already completed the original training requirement before must complete either a new one-time 4 hour course or an additional one-time 1 hour course before 10/1/2021. Producers who obtain a life insurance license on or after the effective date must complete the new one-time 4 hour course before selling annuities. Completion of the components of the training requirements of any course or courses that are substantially similar to this requirement will satisfy Rhode Island’s training requirement. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the RI requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Rhode Island offered the 1 hour option until 9/30/2021 and only to those who have completed the original training courses before 4/1/2021. The original training courses are 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 11/27/2022: South Carolina requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. Producers who have completed an annuity training course approved by the department of insurance prior to 11/27/2022 must complete either the new 1 hour or 4 hour course by 5/27/2023. Producers newly licensed on or after 11/27/2022 must complete the new 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with South Carolina’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in South Carolina. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the SC requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
1 hour course options:*
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under the prior annuity suitability law may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
*South Carolina is offering the 1 hour option to those who have completed the original training courses before 11/27/2022.The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 1/1/2023, South Dakota adopted an amendment that requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an annuity training course approved by the department prior to 1/1/2023, must complete either a new one-time 4 hour course or an additional one-time 1 hour course by July 1, 2023. Producers who obtain a life insurance license on or after 1/1/2023 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with South Dakota’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in South Dakota. Insurers must provide product-specific training.
Bulletin 22-03 contains a footnote which states, “Producers who become licensed in 2022 and who take an Annuity Best Interest four‐hour course after October 1, 2022 will be required to take a one‐hour refresher course prior to July 1, 2023.”
SD transitioned from the original suitability standard courses to the new 4 hour Best interest course early on 10/1/2022. SD’s 1 hour best interest course will be available beginning 1/1/2023 until 7/1/2023.
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
1 hour course options:*
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under the prior annuity suitability law may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
*1 hour option is for producers who completed annuity training prior to 1/1/2023 and it is available until 7/1/2023. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
Effective 1/1/2024, Tennessee adopted an amendment which requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an annuity training course approved by the department prior to 1/1/2024, must complete within six months either a new one-time 4 hour course or an additional one-time 1 hour course. Producers who obtain a life insurance license on or after 1/1/2024 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Tennessee’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Tennessee. Insurers must provide product-specific training.
Effective 11/1/15: Producers holding a life line of authority on or before 11/1/15 and who sell or wish to sell annuity products must complete 4 hours of one-time annuity training by 5/1/16. Producers who obtain a life line of authority on or after 11/1/15 and wish to sell annuity products must complete this training before selling annuity products. Insurers must provide product-specific training. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Tennessee’s training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the TN requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
BI effective 9/1/2021, Training effective 1/1/2022: Texas requires agents to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct.
Initial Certification Requirement: Agents selling annuities before 1/1/2022 who completed an annuity training course before 1/1/2022, have until 1/1/2022 to complete either a 1 hour course or 4 hour course. Agents licensed on or after 1/1/2022 must complete the 4 hours before selling annuities. A substantially similar course will satisfy the TX requirement for nonresidents. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the initial TX requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
1 hour course options:*
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under the prior annuity suitability law may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
*Texas is offering the 1 hour option to those who have completed the original training courses before 1/1/2022. The original training courses are 263_CERT, 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
Ongoing CE Requirement: Only resident agents must also complete 8 hours of CE biennially specifically relating to annuities.
Participating carriers on the ATP have deemed the following RegEd courses to meet the ongoing TX requirement:
This course examines fixed, equity indexed, and variable annuities, their characteristics, features, benefits, costs, and risk that must be considered and the factors that must be taken into account in determining whether an annuity is suitable for a client. It discusses the history of annuities in the United States, the various classifications of annuities, and how annuities are regulated. Texas rules are discussed, including rules regarding the use of senior-specific designations by producers. Texas course.
This course examines fixed annuities and discusses the basis of their appeal to consumers, their fundamental characteristics and tax treatment, and the factors that need to be considered in determining their suitability for individual clients. Texas version.
This course gives a detailed overview of annuities and the annuities market. It discusses the product and the purchasers. The senior market is a particular focus: pre- and post-retirement planning and concerns about health insurance, long-term care, and estate planning. It covers best practices in suitability, disclosure, and supervisory review. Application of the NAIC Model Act is discussed. Texas version.
This course discusses the suitability issues with respect to the sale and exchange of declared-rate, fixed, variable and equity indexed annuities contracts. It examines the issues of surrender charges, crisis waivers, applicant age, objectives, risk tolerance and other factors to be considered in the suitability analysis.
The initial training requirement is not in addition to general producer CE requirements but may be used to help fulfill general producer CE requirements. CE exemptions based on 20 years continuous licensing do not apply to the initial annuities training requirement, but may apply to the biennial annuities CE requirement.
If you are a producer and need to access this course, click here to register as a user and start your course today!
This jurisdiction has a pending best interest training legislation.
Effective 3/26/12: A producer may not solicit annuity products unless the producer has adequate knowledge of the product and is in compliance with the insurer’s product training standards. No specific hourly requirements have been instituted. Enforcement of this rule will begin 5/26/12.
This jurisdiction has no annuity training requirement at this time.
Effective 9/1/2021, Virginia requires agents to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. Agents who have already completed the original training approved by the department prior 9/1/2021 must complete either a new one-time 4 hour course or an additional one-time 1 hour course by 3/1/2022. Agents who obtain a life insurance license on or after 9/1/2021 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Virginia’s requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the VA requirement:
Producers must wait until on or after 9/1/2021 to take these courses:
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
*Virginia offered the 1 hour option until 3/1/2022 and only to those who have completed the original training courses before 9/1/2021. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
This jurisdiction has pending best interest legislations. If adopted, the training section will be redefined through regulation.
Effective 3/29/12: Producers holding a life line of authority on or before 3/29/12 who sell or wish to sell annuity products must complete 4 hours of one-time annuity training by 9/29/12. Producers who obtain a life line of authority on or after 3/29/12 and wish to sell annuity products must complete this training before selling annuity products. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Washington’s training requirement. Insurers must provide product-specific training.
RegEd’s Solution 390_WA: RegEd Course 390_WA is approved in Washington for 4.0 credits and is written based on the NAIC course content guidelines which have been adopted by this jurisdiction. Note: Washington has advised that completions of RegEd Course 390 completed to meet the requirements of another state adopting the training requirement will be compliant.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the WA requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
The California Insurance Code requires that California resident and non-resident life agents who sell annuity products must complete eight hours of annuity training that is approved by the California Department of Insurance (CDI). This course will satisfy those requirements. Specifically, we will discuss various types of annuities, annuity suitability and the senior market for annuities.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 6/8/2023, West Virginia requires producers to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. A producer who has completed an annuity training course approved by the department prior to 6/8/2023, must complete within six months either a new one-time 4 hour course or an additional one-time 1 hour course. Producers who obtain a life insurance license on or after 6/8/2023 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with West Virginia’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in West Virginia. Insurers must provide product-specific training.
Currently in effect: Producers holding a life line of authority on 7/1/11 and who sell or wish to sell annuity products must complete 4 hours of one-time annuity training by 12/31/11. Producers who obtain a life line of authority on or after 7/1/11 and wish to sell annuity products must complete this training before selling annuity products. Insurers must provide product-specific training. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with West Virginia’s training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the WV requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 10/1/2022, Wisconsin requires intermediaries to act in the best interest of the consumer when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. An intermediary licensed before 10/1/2022 who completed an original annuity training course approved by the department prior to 10/1/2022, has until 4/1/2023 to complete either a new one-time 4 hour course or an additional one-time 1 hour course. Intermediaries who obtain a life insurance license on or after 10/1/2022 must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Wisconsin’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Wisconsin. Insurers must provide product-specific training.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and to meet the WI requirement:
Click on course name for description
4 hour course options:
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the standard 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course reviews the operations of different types of annuities and how they are used to meet different clients needs.
This is the Minnesota version of the 4-hour training course required of insurance agents before they may sell annuities. It details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation. In addition, the course review the operations of different types of annuities and how they are used to meet different client need.
1 hour course options:*
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under their state’s version of the NAIC annuity suitability regulation may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
Veteran insurance agents who previously qualified to sell annuities under the prior annuity suitability law may take this 1-hour update course to qualify to sell annuities under the new NAIC best-interest standard. This course details the standard of care agents must adhere to when recommending annuities to clients. It discusses the fact finding and analysis required to make a recommendation that is in the best interest of the client. It discusses conflicts of interests, disclosures to clients, and documentation.
*Wisconsin is offering the 1 hour option to those who have completed the original training courses before 10/1/2022. ATP CAB deemed the 1 hour option remain available until 10/1/2023. The original training courses were 390, 390_ID, 390_IN, 390_IA, 390_MN, 390_TX, 390_WA, 390_WI.
If you are a producer and need to access this course, click here to register as a user and start your course today!
Effective 7/5/2023, Wyoming will require producers to act in the best interest of the consumer when recommending an annuity. The adopted amendment expands training to include the new standard of conduct. Existing producers who completed an annuity training course approved by the department prior to the effective date, must complete either a new one-time 4 hour course or an additional one-time 1 hour course within 6 months. Producers who obtain a life insurance license on or after the effective date must complete the new one-time 4 hour course before selling annuities. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Wyoming’s requirement. The satisfaction of the components of the training requirements of any course or courses with components that are substantially similar will satisfy the training requirements in Wyoming. Insurers must provide product-specific training.
Effective 9/26/14: Producers holding a life line of authority on or before 9/26/14 and who sell or wish to sell annuity products must complete 4 hours of one-time annuity training by 3/26/15. Producers who obtain a life line of authority on or after 9/26/14 and wish to sell annuity products must complete this training before selling annuity products. Insurers must provide product-specific training. Compliance with another state’s training requirements that are substantially similar to this requirement will be deemed in compliance with Wyoming’s training requirement.
Reciprocity: Participating carriers on the ATP have deemed the following RegEd courses reciprocal and meet the WY requirement:
Click on course name for description
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Idaho version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Indiana version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Iowa version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Minnesota version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Texas version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Washington version.
This course covers annuity suitability standards and reasons for them that led to the NAIC Suitability in Annuity Transactions Model Regulation. It examines the various types of annuities, including fixed, equity-indexed, and variable annuities. It covers factors to consider in evaluating the suitability of an annuity for a client, the role of supervision in adhering to suitability standards, and potential consequences for producers and firms for selling unsuitable annuities. Wisconsin version.
If you are a producer and need to access this course, click here to register as a user and start your course today!
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About IRI
The Insured Retirement Institute (IRI) is a not-for-profit organization and is the authoritative source of all things pertaining to annuities, insured retirement strategies and retirement planning. IRI exists to vigorously promote consumer confidence in the value and viability of insured retirement strategies, bringing together the interests of the industry, financial advisors and consumers under one umbrella. IRI’s mission is to: encourage industry adherence to highest ethical principles; promote better understanding of the insured retirement value proposition; develop and promote best practice standards to improve value delivery; and to advocate before public policy makers on critical issues affecting insured retirement strategies. Visit www.IRIonline.org to experience the new, vast resources of the new Insured Retirement Institute for yourself.