Mississippi Adopts NAIC Annuity Suitability Model Regulation course

NEWPORT BEACH, Calif. - Aug. 12, 2013 - PRLog -- 04/10/2013 – Newport Beach, CA – Mississippi has adopted the NAIC Suitability in Annuity Transactions Model Regulation 4 hour course, as well as the requirement that all producers complete a Product Specific Training course for the products they intend to sell.

Success Continuing Education is pleased to announce that the state of Mississippi has approved their NAIC Annuity Suitability course. This course satisfies the annuity training requirement. Mississippi producers who complete this course will also receive 4 hours of insurance continuing education credit. This course can be accessed at www.successce.com.

Mississippi producers who are life licensed prior to 04/10/2013 must complete a one-time 4 hour Annuity Suitability course by 04/10/2014 to continue to sell annuities. Individuals licensed between 04/10/2013 and 09/01/2013 who desire to sell annuities must complete this training by 09/01/2013. Individuals licensed on or after 09/01/2013 may not engage in the sale of annuities until they have completed this training.

This requirement applies to both resident and non-resident producers. Mississippi will however accept the completion of annuity training in a state with substantially similar annuity training requirements.

“Success Continuing Education offers the NAIC annuity suitability course, state-specific CE courses, and general continuing education needed for license renewal,” states Jessie Booth, Success CE’s Marketing Director.

In addition to the 4-Hour Annuity Suitability requirement, producers must complete training that is specific to the product they intend to sell. Product Specific Training is provided by the carriers.

“Success CE is capable of providing and tracking all annuity suitability and Product Specific Training requirements, which is very useful when trying to ensure all producers are compliant. In addition, we have made enhancements to our Product Specific Training platform. With these recent enhancements, we now have the ability to automatically place the correct Annuity Suitability and Product Specific Training courses directly into each individual’s account,” states Justin Genuino of Success CE’s IT Team.

Success CE offers a convenient and free resource that tracks all annuity training requirements nationwide, and is updated to reflect changes as soon as they are enacted. This can be accessed at http://www.successce.com/PSTAnnuityTrainingRequirement.aspx.

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 CE www.FirstchoiceCE.com, and www.InsuranceContinuingEducation.com