Annuities offer lifetime income and guaranteed interest rates, providing financial stability, especially during senior years. This course covers annuity contracts, provisions, benefits, types, uses, tax treatment, advantages, disadvantages, and appropriate sales practices, especially for seniors. It meets the Department of Insurance’s training requirements. California requires insurance producers to complete an 8-hour training course to sell annuities. 

• describe the various types of annuities available to consumers today
• identify the provisions and benefits of annuity contracts
• explain the tax treatment and uses of annuities
• define the agent’s responsibilities in the solicitation and sale of annuities
• apply appropriate sales practices for California insurance and annuity agents, with a focus on senior consumers.