Insurer required training for insurance producers that sell annuity products.

Regulation 187 requires insurers to set forth standards and procedures for recommendations to consumers with respect to both life insurance and annuity contracts. Insurance companies are responsible for ensuring that every producer recommending its life and annuity products is adequately trained to make the recommendation, however, Regulation 187 does not require the completion of specific training classes. WebCE is an Approved Provider Organization and, for annuity training, has a course based on the education standards recommended by the NAIC Suitability in Annuity Transactions and has received DFS approval for continuing education credit. A producer completing this course will earn continuing education credit toward the renewal of their insurance license and may satisfy the annuity training requirements of the insurance companies and therefore NY Regulation 187. It is the responsibility of the producer to know the annuity training requirements of the insurance company with whom he or she works.

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State required training for insurance producers, adjusters, and personal lines producers that sell flood insurance products.

One-Time Training
Hours: 3
Frequency: One-time training must be complete prior to selling flood insurance products.

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