Annuity Best Interest Training: Hours: 4
Frequency: One-time training must be complete prior to selling annuity products.
Effective October 1st, 2022, licensees who sell annuity products will need to complete an annuity course covering the NAIC Best Interest Standards.
- Licensees who have already completed a 4-hour annuity course prior to 10/1/2022 may complete a 1-hour annuity best interest course or complete the new 4-hour annuity best interest course. Licensees will only have until 4/1/2023 to be able to take the 1-hour course.
- Licensees who have not completed an annuity course must take the 4-hour annuity best interests course prior to selling annuities.
Residents and non-residents who have completed this training in another state with laws similar to New Mexico's law will be compliant with the requirement.
Annuity Training Information