Insurance CE > New York > Life / Health

4-Hour Annuity Training Course for New York Producers

Overview

Consumers now manage much of their financial futures, needing self-directed options for fund accumulation and retirement distribution. Annuities serve this purpose. This course covers annuities for long-term asset accumulation and income distribution, detailing their design, benefits, costs, limitations, funding, growth, taxation, and retirement income distribution. It concludes with suitability and disclosure requirements, highlighting appropriate and inappropriate uses.

Summary Details

Hours

4.0

Price

$19.95





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Learning Objectives

  • demonstrate an understanding of the purpose and application of annuities
  • describe the basic types of annuity products
  • explain the operation and function of fixed, indexed, and variable annuities
  • articulate how an annuity’s product features can support and advance various client objectives
  • demonstrate an understanding of how annuities are taxed
  • describe the best interest standards and suitability requirements that New York imposes on producers (and insurers) for annuity and life insurance recommendations and transactions under amended Regulation 187


Designed For:

Life and health insurance producers; financial planners and advisors.


Approval Entity
ClearCert assists leading insurance carriers with their responsibility to certify producer compliance with mandatory AML, Annuity, LTCI, and Flood training requirements. WebCE has participated in the ClearCert network since the company was founded in 2008 to ensure producers receive full credit from their carriers for their course completions. WebCE will automatically report completion of this course to ClearCert.


Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: None
Delivery Method: Self-Study
PDF Download: Available
Course Approval Number: *******1003
Provider of Record: WebCE
Provider Number: NYPO-101290
Study Level: Intermediate
Approved For: C1, LA, LB, LSB

Exam

Proctor: No
Passing Grade: 70
Questions: 40



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