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 January 1, 2022, licensees who sell annuity products will need to complete an annuity course covering the NAIC Best Interest Standards.
- Licensees who have already completed a 4-hour annuity course prior to 1/1/2022 may complete a 1-hour annuity best interest course or complete the new 4-hour annuity best interest course.
- Licensees who have not completed a 4-hour annuity course must take the annuity best interests course prior to selling annuities.
*Students may take the courses prior to the effective date but should check with their carrier to ensure they will accept the best interest course prior to the effective date. Residents and non-residents who have completed training including the NAIC Best Interest Standards in another state with laws similar to Alabama law will be deemed compliant with this requirement.
Annuity Training Information