Introduction to Indexed Products

This course provides a comprehensive look at two of the newest forms of life insurance products: indexed life insurance and indexed annuities. 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 that characterize these products and explores the many 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