Introduction to Indexed Products (General)

The purpose of this course is to offer a comprehensive look at two of the most popular forms of life insurance products: indexed annuities and indexed life insurance. The course explains these unique products by comparing and contrasting them to traditional life and annuity products and explores the various interest crediting techniques insurers use to determine cash value growth and contract accumulations. It examines the features, benefits, and limitations these products offer and the needs they serve. Special consideration is paid to the suitability of these products.

The course covers the following topics:

  • Types of Annuities
  • Fixed Annuity Contract Provisions
  • Indexed Annuity Contract Provisions
  • Annuity Advantages and Disadvantages
  • Indexed Life Products
  • Suitability and Marketing Practices