Annuities (Meets NAIC 2010 Suitability Guidelines) - NY

Insurance Continuing Education in New York

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$19.95

8 credit hours

If purchased today, this course must be completed by:
July 31, 2021

The New York Department of Insurance has waived their normal proctor requirement, until further notice. A licensed monitor is no longer required to be present during your exam. You will instead need to electronically sign an Affidavit of Personal Responsibility, and that affidavit will be completed online as part of your final exam.
Description

NAIC Annuities was developed to meet the training requirements established in the NAIC Suitability in Annuity Transactions Model Regulation.

Upon completion of this course an agent should have:

  • adequate knowledge of the types of annuities and various classifications of annuities
  • be able to identify the parties to an annuity
  • understand how fixed, variable and indexed annuity contract provisions affect consumers
  • understand the application of income taxation of qualified and non-qualified annuities
  • understand the primary uses of annuities
  • be conscious of the appropriate sales practices, replacement and disclosure requirements when dealing with annuities

California Resident Agents: This course does not meet the state of California annuities renewal requirement. You must take the California specific course to satisfy your training requirement.

Exam Details

Need Proctor?No
Question Count:50
Passing Grade:70%
Attempts to Pass:Unlimited
Note: If you choose to request additional credit types while taking this course, the number of exam questions and proctor rules may change to meet those credits' requirements.

Course Details

Approved Title:Annuities - Internet(7289)
Provider:InsuranceStudy.com
Provider Number:NYPO- 100425
Topics Covered:Life and Health, Annuities, Financial Planning, Life
Approved Credits
8 credits in Life Brokers
8 credits in Life/Accident and Health Agents
8 credits in Life Consultants
8 credits in Life Settlement Brokers
Program Level:Intermediate

Rules for New York Insurance Continuing Education

  • Courses approved for Internet may not be downloaded.
  • Exam is closed book. An New York state approved monitor MUST be present before you may access the exam. COVID-19 UPDATE: THIS RULE IS TEMPORARILY SUSPENDED.
  • Effective January 1, 2008, a licensee will no longer receive credit for any course previously completed for continuing education credit. Licensees must maintain records of completed continuing education courses and will be held responsible if a course is repeated.
  • Upon successful completion of this course you will be issued a Certificate of Course Completion. This document is necessary for your license renewal. Retain this document.

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