Posts Tagged ‘4 Hour Annuity Training’

Quest CE’s Iowa Annuity Course Approved

Wednesday, September 8th, 2010

Quest CE is proud to announce our Iowa 4-Hour Annuity Training Course has been approved by the state and meets the Iowa Administrative Rule 191-15.72 for a one-time, four (4) hour annuity training course. In addition, this course is approved for resident CE credit.

Effective January 1, 2011, Iowa Administrative Rule 191-15.72 requires all Insurance Producers selling or soliciting Annuity Products in the State of Iowa to obtain four (4) continuing education credits by an APPROVED vendor offering an Annuity Products Course. This is a one-time requirement and is not a condition of license renewal.

This is a separate requirement from the already existing rule 15.80 for Indexed Insurance Products.

To purchase the course or view our Iowa Online Course Library please Click Here.

Arkansas Insurance Update

Monday, March 8th, 2010

Effective January 1, 2011, producers will be required to complete 24 CE hours, including 3 hours of ethics, every 2-year license term.

Producers planning to sell annuity products have special training or education requirements as described below:

Annuity Suitability Training Requirement, Rule 82

Initial 4-hour Annuity training requirement: All producers who sell annuity products must complete at least 4 hours of annuity training that addresses suitability requirements for Arkansas and the mechanics of annuity products before July 15, 2010.

Insurers are responsible for ensuring that any producer that markets its product has received the appropriate training.

Ongoing 4-hour Annuity training requirement: After meeting the initial training requirement, producers must complete 4 hours of annuity training every year.