Annuities (Meets NAIC 2010 Suitability Guidelines) - VA

Insurance Continuing Education in Virginia

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$12.95

4 credit hours

If purchased today, this course must be completed by:
December 31, 2020

Virginia insurance continuing education requires you to sign a Student Certification form which is done online through electronic signature before entering the 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

PLEASE NOTE: This course does not meet the state of California annuities renewal requirement.

Exam Details

Need Proctor?Yes
Question Count:25
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

Course Number:216368
Approved Title:Annuities (Meets NAIC 2010 Suitability Guidelines)
Provider:InsuranceStudy.com
Provider Number:124483
Topics Covered:Life and Health, Annuities, Financial Planning, Life
Approved Credits
4 credits in Annuity Suitability
Program Level:Intermediate

This course has been certified by:

ClearCert Seal

Rules for Virginia Insurance Continuing Education

  • Self-Study course material is approved as either online or correspondence. Online training is delivered through an internet based learning environment. Correspondence is delivered by a PDF/Textbook provided directly to the student upon enrollment. You must complete review of the course material before accessing the final exam.
  • Exam is closed book.
  • Agents cannot receive CE credit for a course taught in alternative formats (a classroom course, online course, video or audio conference, web-conference–based, etc.) if the curriculum is based on the same published materials; this rule applies to any variation of course types.
  • ONLY the Virginia Insurance License Number (VLN) or the National Producer Number (NPN) are permitted forms of student identification. Social Security Number, driver’s license number, and all other forms of personal identifiers are strictly prohibited.
  • Students are not permitted to complete more than eight credit hours per day. Any course exceeding 8 hours of credit must be completed with a start and end time which is greater than 24 hours apart.
  • Student Certification forms which are distributed during your completion of the course are to be submitted to our office no later than 7 days from the date you successfully complete your final exam. All online exams completed on this platform include your electronic certification as part of the exam process.
  • The state of Virginia requires providers of online training to restrict access to the final exam until a student has completed the course material in its entirety. To meet these requirements we have put in place a Course Material Verification code on single module online courses which can be found on the last page of your course materials. This code will be required prior to accessing the final exam. For courses which are correspondence, videos or multiple modules, you must review the entirety of the course before the start exam button will appear.