Insurance CE > New York > Life / Health

New York Regulation 187: Suitability and Best Interest Standard

Overview

New York's revised Regulation 187 significantly changed the standards by which life insurance producers must conduct their business practices. Are you be prepared to meet these requirements, including the "best interest of the consumer" standard that applies to all life insurance and annuity sales? This course provides a thorough explanation of New York's revised requirements, highlighting the many new responsibilities and obligations that apply to producers.

Summary Details

Hours

2.0

Price

$14.95







Learning Objectives

  • Understand the purpose, scope, and intent of the revised Regulation 187
  • Understand how the state defines the term "best interest"
  • Identify the duties that producers and insurers have to ensure that a recommendation or a sales transaction—for both annuities and life insurance—meets the consumer's best interest and is suitable


Designed For:

New York life insurance and annuity producers


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: Available
Course Approval Number: *******1320
Provider of Record: WebCE
Provider Number: NYPO-101290
Last Reviewed: July 2023
Study Level: Intermediate
Approved For: C1, LA, LAW, LB, LSB

Exam

Proctor: No
Passing Grade: 70
Questions: 20



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