Not sure if you’re active in a particular state to sell insurance? Do you need to apply for or renew a non-residence insurance license? Click HERE to access the National Insurance Producer Registry.
Annuity Product Specific Training
A majority of the states have adopted the NAIC 2010 Suitability in Annuity Transactions Model. There are two critical requirements that MUST be completed in order to be in compliance. Under Section 7A, producers are required to take specific product training from each carrier prior to soliciting business. Section 7B requires producers to complete a four-credit hour general annuity training course, which is available through several insurance-department approved educational providers.
Advisors writing annuity business in any of the listed states must have completed both of these requirements before applications are taken. If one requirement is met, but not the other, the applications taken will require new client signatures and dates! No exceptions from carriers have been made on this regulation. It is crucial that any advisors planning on soliciting business be in compliance.
Current states affected: AK, CA, CO,CT, DC, FL, HI, IA, ID, IL, IN, KS, KY, LA, MD, MI, MN, MS, NE, NJ, NY, ND, OH, OK, OR, RI, SC, SD, TN, TX, UT, WA, WI, WV
|American General||Choose “CE Credit” once registered.|
|American National (ANICO)||All producers, in all states require training.|
|Athene Annuities||All producers, in all states, are required to complete the product training prior to soliciting business. User Name: first four characters of agent last name and last six digits of SSN. Password: changeme (lower case).|
|EquiTrust||Last four of SSN and DOB needed. Confirm address and state license information. All producers in all states require training.|
|Forethought||Each product requires its own training. All producers in all states require training.|
|Genworth||Any training done on the SecureLiving Index 7 and 10 prior to November 2012 must be redone prior to writing business. All producers in all states require training. Genworth requires its own AML training as well.|
|Great American||Once done with a module, close the window. It will take you back to the main page. Click on “refresh” and it will show a “completed” on the module. Please complete the module for each individual product you plan to write.|
|Guaranty Income Life||Temporary user name: download; PW: prq891|
|Integrity||Portal code: WSFG; Create an new account under \”New Users.\” You will need your National Producer Number (NPN). ENROLL in Your Product Training\” Course.|
|Lincoln Financial Group (RegEd)||Product code: Lincoln|
|Lincoln Financial Group (LIMRA)|
|Mutual of Omaha||They require this acknowledgement form to be submitted as well.|
|NACOLAH (North American)||All producers in all states require training.|
|Royal Neighbors||All producers in all states require training.|
|The Standard||The module includes an online acknowledgement of completion. All producers in all states require training.|
|State Life – OneAmerica|
|Voya Financial||All producers in all states require training.|