New Jersey insurance agents who sell annuities now have new training requirements to follow. On April 21, 2025, the New Jersey Department of Banking and Insurance adopted updated rules that align with the 2020 revisions to the NAIC Suitability in Annuity Transactions Model Regulation. These changes apply to producers licensed before and after the effective date and must be completed within specific timeframes. At BetterCE, we want producers to have a clear understanding of what is changing, who is affected, and how to stay compliant. This article breaks down the updates and explains how our state-approved courses can help agents...
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