4-Hour Annuity Training Course


Course Description

The creation of annuities was driven by the need for security in an uncertain world. It is guided by the need for the insurance features that an annuity contract provides. The principal insurance role of annuities is to indemnify individuals against the risk of outliving their resources.

The purpose of this course is to provide a comprehensive understanding of annuities, focusing on the insurance features annuity contracts provide. It provides a comprehensive understanding of the provisions, features, benefits, payment and settlement options, and tax treatment for fixed, index and variable annuities. The course concludes with an overview of unfair trade practices and the recently amended Suitability in Annuity Transactions Model (#275) Regulation.

Learning Objectives

Upon completion of this course, you will be able to:

  • Demonstrate an understanding of all annuity types and basic terms
  • Identify the parties to an annuity contract
  • Understand and explain how annuities are taxed
  • Apply marketing, sales, and record-keeping practices
  • Identify the suitability requirements that apply when recommending and selling annuities
  • Recognize the repercussions that may result from an improperly structured annuity
Price:  $13.95
Updated:  January 2021
CFP Credit
Credit Hours: 4
Credit Type: Investment Planning
Provider: Broker Educational Sales & Training, Inc.
Provider #: 2155
Study Level: Intermediate
Exam Details
Monitored: None
Questions: 100
Passing Score: 70%
Retakes: Unlimited