Insurance CE >> Pennsylvania >> Life / Health

4-Hour Annuity Suitability and Best Interest Standards

Overview

Master selling annuity products under the NAIC’s 2020 “Suitability in Annuities Transactions” model regulation. Learn how these products work for long-term savings & income. Explore benefits, costs, tax implications, and suitability considerations for selling annuities.

Summary Details

Hours

4.0

Price

$19.95





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Learning Objectives

  • demonstrate an understanding of the purpose and application of annuities
  • describe the basic types of annuity products
  • explain the operation and function of fixed, indexed, and variable annuities
  • articulate how an annuity's product features can support and advance various client objectives
  • demonstrate an understanding of how annuities are taxed
  • explain the elements and requirements of annuity recommendations and sales that reflect the consumer's best interest


Designed For:

Life and annuity producers; financial advisors and planners


Approval Entity
ClearCert assists leading insurance carriers with their responsibility to certify producer compliance with mandatory AML, Annuity, LTCI, and Flood training requirements. WebCE has participated in the ClearCert network since the company was founded in 2008 to ensure producers receive full credit from their carriers for their course completions. WebCE will automatically report completion of this course to ClearCert.


Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: None
Delivery Method: Self-Study
PDF Download: Not Available
Provider of Record: WebCE
Provider Number: 38312
Last Reviewed: April 2022
Study Level: Intermediate
Approved For: Annuity Best Interest

Exam

Proctor: No
Passing Grade: 70
Questions: 25



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