Updated NAIC Suitability in Annuity course for Alaska now available at SuccessCE

By: Success CE
 
NEWPORT BEACH, Calif. - July 25, 2013 - PRLog -- 03/05/2013—Newport Beach, CA—Success CE is pleased to announce that the state of Alaska has reapproved the revised and newly streamlined NAIC Suitability in Annuity Transactions and Model Regulation, to satisfy its annuity training requirement (effective 10/16/2011). Alaska producers completing this course will also be awarded 4 hours of insurance continuing education credit.

This course is available online at Successce.com or InsuranceContinuingEducation.com and can also be found on all current Success CE affiliate company website for corporate clients.

The Alaska annuity training rules require that producers licensed to sell annuities before 10/16/2011 must complete a one-time annuity training course approved for 4 hours by 4/16/2012 in order to continue selling annuities. Producers licensed on or after 10/16/2011 must complete this requirement before selling annuities. Alaska will accept the completion of annuity training in a state with substantially similar annuity training requirements. This training requirement applies to both resident and non-resident producers.

In addition to the requirement to complete a one-time 4-hour annuity suitability course, producers must also complete training specific to the annuity products they intend to sell (otherwise known as Product Specific Training).

As more states pass their own interpretations of the Model Regulations, it becomes increasingly complicated for producers to figure out which courses they must take. In order to keep track of this dynamic process and the rapid state-by-state development of annuity training requirements, Success CE offers a free comprehensive resource that tracks all annuity training requirements nationwide. This can be accessed at http://www.successce.com/PSTAnnuityTrainingRequirement.aspx

“We currently have the 4 hour NAIC Annuity Suitability Course approved in 50 states,” states Roger Bell of Success CE, “and our website automatically finds the correct Annuity Suitability courses for each producer, which really takes the headache out of the process.”

Success CE can provide, deliver and track all annuity suitability requirements and provide verification for insurance carriers and distribution channels.

“Our Continuing Education solutions are convenient and low-cost, and we are right on top of all of the Annuity Suitability requirement developments around the country,” states J. William Cooley, President/CEO of Success CE.

About the Success Family of CE Companies
The Success Family of CE Companies is a nationwide approved provider of "state of the art" Life and Health Insurance Continuing Education courses, CFP Continuing Education, Pre-Licensing Study Courses for Insurance and FINRA licenses, Property and Casualty Insurance Continuing Education, CPA Continuing Education, CIMA Continuing Education, CLU/ChFC (PACE) Continuing Education and Legal (MCLE) Continuing Education.

Property and Casualty Insurance Continuing Education, Claims Adjusters Continuing Education, Securities (Firm Element) Continuing Education, Insurance prelicensing, and Securities (FINRA) prelicensing are also available online.

The Success Family consists of these leading brands, Success CE, www.SuccessCE.com, Success Live CE (formerly ClienTell CE) www.SuccessLiveCE.com Affordable CE www.affordableCE.com, First Choice CEwww.FirstchoiceCE.com, and www.InsuranceContinuingEducation.com
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Source:Success CE
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Tags:Finance, Insurance, Education, Annuities, Accounting
Industry:Education, Financial
Location:Newport Beach - California - United States
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