Individual Retirement Accounts - OR
Insurance Continuing Education in Oregon
5 credit hours
If purchased today, this course must be completed by:
July 23, 2022 (365 Days)
CFP Certification Continuing Education
In this course we will review some of the fundamental concepts and some of the complex coverage details about annuities, variable annuities and several insurance-like investment products called “contracts.” In addition, we will also provide answers for the most common questions you may encounter from your clients about these products. We will cover the important terms and definitions related to annuities and annuity suitability—which are sometimes slightly different than the terms and definitions used by insurance policies. We will also consider the various optional benefits, modifications and additions that are commonly desired by annuitants and their beneficiaries. We will also cover how annuities are underwritten, the advantages and disadvantages of group contracts and tax treatment of the various types of annuities. You will read some interesting and important case studies to bring this topic to life. We detail the most recent issues that have come up in the real world of providing these products to consumers. Finally, an appendix to this text includes annotated and simplified excerpts of the relevant portions of your state’s Insurance Code dealing with annuities and investment contracts.
- Understand fundamental concepts of annuities, variable annuities, and similar investment products.
- Be able to answer common questions from clients about annuity products.
- Know the differences between terms and definitions of annuities vs common insurance policies.
- Learn how annuities are underwritten
Rules for Oregon Insurance Continuing Education
- Course material may not be downloaded.
- Exam is closed book.
- Each agent must enroll for the course before having access to course material.
- A student may not access the final exam prior to reviewing all course materials.
- A review quiz is provided at the end of each chapter. The final exam may not be accessed until each review session has been successfully completed.
- Oregon Administrative Rule 836-071-0225(1)(d) limits the number of hours a producer can complete per day to 8. You may NOT start and finish more than 8 hours of continuing education on the same day.
- A course approved in part or in whole as correspondence requires a proctor to be present for the final exam. A correspondence course is any self-study course which includes printed materials as part of the program.
- The state of Oregon charges an additional fee of $1.00 per credit hour.