Annuity Suitability and Best Interest

In this course, which meets requirements of the state's one-time 4-hour Annuity and Best Interest training, we will help you to:

  • Understand and explain to consumers the concept of annuities, along with their characteristics

  • Identify and explain to consumers the qualities of the basic types of annuities--including their advantages and disadvantages and how they affect consumers from perspectives of their contract provisions, characteristics as investment vehicles, and taxation

  • Familiarize yourself with current tax regulations pertaining to annuities and make your client recommendations after taking them into consideration

  • Learn and comply with annuity best interest requirements including the Care, requirement, Disclosure, Conflict of interest, Documentation, Supervision, Producer Training, Compliance, Mitigation and Penalties, and Record Keeping.