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Continuing Education Online Self-Paced

CA Annuity Training Course - 8 Hours

Per Senate Bill 263 (SB 263) California Insurance Code section 1749.8, subdivision (a) states: "Every life agent who sells annuities shall satisfactorily complete eight hours of training prior to soliciting individual consumers in order to sell annuities." This course has been approved to fulfill this eight-hour training requirement.

$16.99
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SKU 613CA040300A00

What You'll Learn

After completing this course, you will:

  • Have a detailed understanding of all the topic areas on the California Eight-Hour Annuity Training Course Outline and how the issues affect seniors;
  • Know how to focus on the needs of consumers and the problems and solutions associated with annuities, especially as they affect seniors;
  • Understand the various choices related to annuities;
  • Understand the characteristics and benefits of Tax Sheltered Annuities;
  • Recognize the characteristics of fixed and variable annuities;
  • Understand the meaning of equity-indexed annuity;
  • Understand why these topics are important for the policyholder;
  • Know how to avoid regulatory hot-buttons and common sales traps;
  • Be able to explain annuities affect persons that are 60 years and older including Medi-Cal eligibility.
  • Have the knowledge to explain the phases, advantages, and potential disadvantages of variable annuities;
  • Be able to lead clients through selecting an appropriate annuity product;
  • Be able to identify the tax implications related to contributing to and withdrawing from annuities.

NMLS APPROVED ID 392136