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Annuity Sales Best Interest Practices

Posted on 06.17.22

The course clarifies that all recommendations by insurance agents and insurance companies must be in the best interest of the consumer and that agents and companies may not place their financial interest before the consumer’s interest. The course describes how agents and companies are required to act with reasonable diligence, care, and skill in making recommendations to consumers. Also incorporated is a “best interest” standard mandating agents and companies satisfy requirements outlined in a care obligation, disclosure obligation, conflict-of-interest obligation, and documentation obligation.

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Chapters

  • Annuity Sales Practice Requirements

  • Securities Exchange Commission Rules

  • Buyer Competence

  • Risk Tolerance

  • Tax Status

  • Obtaining and Maintaining Records

  • Summary

  • Appendix A

  • Appendix B

  • Appendix C

  • Annuity Sales Best Interest Practices FINAL EXAM

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  • LICENSE REQUIREMENTS

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