Annuity Best Interest Training
Hours: 4
Frequency: One-time training of a 4-Hour Annuity Suitability and Best Interest Standards course must be complete prior to selling annuity products.
Effective September 1, 2021, licensees who sell annuity products will need to complete an annuity course covering the NAIC Best Interest Standards.
- Licensees who have already completed an annuity training course prior to 1/1/2022 may complete either a 4-hour annuity best interest course or the new 1-hour annuity best interest course. At this time, TDI is still accepting completions of the 1-hour course.
- Licensees who have not completed an annuity course prior to 1/1/2022 must take the 4-hour annuity best interests course.
Ongoing Training
Hours: 8
Frequency: Ongoing training must be completed every 2-year license term following the initial 4-hour training completion.
Residents and non-residents who have satisfied the annuity best interest training requirements of another state that are similar to Texas' law will be deemed compliant for Texas' annuity best interest training requirement. Non-residents are exempt from the ongoing annuity training requirement.
Annuity Training Information