ANNUITY TRAINING INFORMATION
NAIC Annuity Suitability Adopted Regulations by State
NAIC Annuity Suitability Training website:
**New states have adopted the NAIC Best Interest Model Regulations.
Best Interest Rule is now in effect in Alabama, Arizona, Arkansas, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Texas, Utah, Vermont, Virginia, West Virginia, Washington, Wisconsin, Wyoming
Make sure to check the Department of Insurance state websites to verify requirements.
**Annuity training reciprocity change in California
California will hold producers to a best interest standard of conduct when recommending an annuity. The training requirement has been expanded to include the new standard of conduct. All California agents selling, soliciting or negotiating annuity products must complete the new 8-hour training by July 1, 2025. This applies to all agents, residents or non-resident, including agents who have taken the initial 8-hour annuity training previously. The new 4-hour training will be required every 2 years after the initial completion of the new 8-hour course. There will not be a 1-hour course filed/available in CA.
Carrier specific requirements:
Allianz
Click here for Product Specific Training; You will need to have an agent code in order to complete the training.
To Review the current DOL fiduciary rule, your responsibilities under PTE 84-24, and how to submit annuity business to Allianz using PTE 84-24- Access the training tutorial.
For AML training, the carrier accepts training from:
- LIMRA
- RegEd
- WebCE
- SuccessCE
- Sandi Kruise
- Kaplan
If the training is NOT done through LIMRA, you will need to supply a copy of your completion certificate.
American Equity
If you are an active agent, click here to access product training.
Non active agents click here to access product training.
American Equity Approved AML Vendors (they will not accept LIMRA)
New Suitability Training Due By July 31, 2020
To stay current with industry regulation, we have updated our suitability training. Please visit the training tab on our agent website to complete the required training.
The training will take approximately 25 minutes to complete and will need to be completed in one sitting. Please keep in mind that you’ll need to review all information in the training course prior to answering questions.
If you have questions, contact the Marketing department at 888-647-1371.
American National
- Newly Appointed producers must take the IMG All-Encompassing Course located in your Learning Plan.
- Existing Producers who have already taken the IMG All-Encompassing Course satisfy the requirement with the review of the content in this email.
Click here for agent portal to access Product Specific Training if you are currently appointed.
If you are not currently appointed, click here.
For AML training, the carrier prefers LIMRA, but will accept others. Click here to view their AML Practices and Procedures.
Assurity
Click here to access the Product Specific Training. Must be contracted first (with active code) in order to properly complete the product training.
For AML training, the carrier ONLY accepts LIMRA.
Athene
Athene Product Training
Product training is required prior to selling any Athene annuity. You are only required to take training for products you choose to sell. Please take care of any outstanding requirements before submitting business.
The Product Codes below will be required when you enter the RegEd site. Please have the appropriate code(s) easily accessible.
| Course Name | Product Code |
| AccuMax 5 | AccuMax5_2021 |
| AccuMax7 | AccuMax7_2021 |
| Accumulator 5 and 7 | ACCUM57_2017 |
| Accumulator 5, 7 and 10 | ACCUM5710_2017 |
| Agility 10 | Agility10_2018 |
| Agility 7 | Agility7_2018 |
| Agility 7 and 10 | Agility710_2018 |
| Amplify 2.0 | Amplify_2_2021 |
| Amplify 2.0 NF | Amplify_2NF_2021 |
| Ascent Pro 7 and 10 | PRO710_2017 |
| Ascent Pro 7 only | PRO7_2017 |
| Ascent Pro Bonus | PROBO_2017 |
| Athene Protector 5 & 7 | Protect57_2018 |
| Athene Protector 6 | PROTECT6_2021_KAPLAN |
| BCA 6,8,10 2.0 | BCA6810_2019 |
| BCA 6,8,10,12 2.0 | BCA681012_2019 |
| MaxRate Only | MaxRate_2017 |
| MaxRateNY Only | MaxRateNY_2017 |
| MYG | MYG_2016 |
| MYG NY Only | 17Athene_02NY |
| Performance Elite Only | PerformanceElite_2015 |
| SPIA Only | SPIA_2016 |
| Velocity | Velocity_2019 |
For AML training, the carrier will accept most vendors, but need a copy of your completion certificate if done through a vendor other than LIMRA.
Equitrust
EquiTrust Annuity Product Training
- Product Training must be completed before soliciting EquiTrust annuity business.
- Annuity applications received without completed Product Training will not be accepted.
- If applying for agent contract for annuity products, you must complete Product Training before appointment is final.
- You may view your training history upon full login to the website (agent number and password required).
- EquiTrust Annuity Product Training is supported by RegED.
- To view the RegED “User Guide – Annuity Training Platform”, Click Here
- For RegED Technical Support, call 1-800-334-8322, Option 2.
- Upon RegED login, if you do not see “EquiTrust Annuity Product Training,” use access code: EquiTrust.
- To begin EquiTrust Annuity Product Training, click the link below – you will be directed to the RegEd website.
For AML training, the carrier ONLY accepts LIMRA.
Global Atlantic (Forethought)
If you’re selling annuities in a state that has adopted the National Association of Insurance Commissioners (NAIC) model regulation, you’ll need to meet certain training requirements.
Here’s how to get started:
- Visit the RegEd training platform and follow the steps to register. Make sure you indicate the state(s) you’ll be selling annuities in. If you are already registered, log in and get started.
- Once you’re logged in, scroll to the Carrier-Specific Product Training section.
| Product | RegEd code | Course Name |
|---|---|---|
| ForeAccumulation II | ForeAccum24 | 24Forethought_2 |
| ForeIncome II | ForeIncome24 | 24Forethought_1 |
| ForeCertain | ForeCertain | 16Forethought11 |
| ForeCare | FTFCARE | 13Forethought_5 |
| SecureFore | SecureForeAll | 16Forethought_10 |
| ForeInvestors Choice | FTForeChoice | 15Forethought_8 |
| ChoiceAccumulation II Edge | EASCHOICEACC | 20Forethought_1 |
| Income 150+ SE | INC150-24 | 24Forethought_3 |
| ForeStructured Growth | FORESTRUCTURED | 22Forethought_2 |
For AML training, the carrier will accept most vendors, but need a copy of your completion certificate if done through a vendor other than LIMRA.
Guggenheim
Review Guggenheim Agent Product Training, complete the acknowledgement and return to Lakeview Financial.
Highlander Fixed Indexed Training / Acknowledgement
TriVysta Fixed Indexed Training / Acknowledgement
For AML training, the carrier will accept most vendors, but need a copy of your completion certificate if done through a vendor other than LIMRA.
Integrity-Legacy Marketing Group
You will need to have an active agent code. Your first state appointment will not be processed until the product training is done.
Approved AML Providers:
- LIMRA
- FINRA
- RegED
- WebCE
- SuccessCE
- Kaplan Financial
- SuranceBay (SureLC)
- 360 Training
- Affordable Educators
AML completed through a Broker Dealer or another carrier will not be accepted.
Lincoln Financial
Lincoln Financial Annuity Training Guide
For AML training, the carrier will accept most vendors, but need a copy of your completion certificate if done through a vendor other than LIMRA.
Mass Mutual Ascend
NAIC Product Specific Training through LIMRA
Commission will not be paid and new business will be rejected and returned to you if training is not completed prior to the solicitation of an annuity product.
National Western Life
Click here for Product training: NWL Product Specific Training Instructions
For AML training, the carrier accepts training from
- LIMRA-They will not pull the info from LIMRA, so a screen print is needed
- RegEd
- WebCE
- SuccessCE
- QuestCE
- FINRA
North American
North American Product Specific Training Instructions
North American RegEd Product Codes
For AML training, the carrier will accept most vendors, but need a copy of your completion certificate if done through a vendor other than LIMRA.
Oceanview
Training is included in the licensing paperwork done through Surancebay
Oceanview accepts all AML providers at this time.
Penn Mutual
Penn Mutual’s online training instructions are provided below. In addition to these carrier product training requirements, please be sure that
you are compliant with all state training requirements prior to taking applications in states that require National Association of Insurance
Commissioners (NAIC) and/or Best Interest compliance.
In order to view the specific requirements of each state, please go to https://www.reged.com/annuities-training-platform/ and complete all
approved/required courses for your state of sale. Once attained, please provide a copy of the appropriate certificates to the Lakeview Financial Contracting department via email to licensing@lakeviewfinancial.net.
Note: Agents writing in Oklahoma – although the state does not currently require training, Penn Mutual requires completion of their product
training to write business.
Note: Agents writing Index Annuities – Penn Mutual requires product training in all states for index annuities.
Follow the steps below to ensure compliance with Penn Mutual’s training requirements and avoid delays:
Product Training – Go to https://www.reged.com/annuities-training-platform/ to complete the necessary training.
New User – click ‘Register Online and Create A Profile’ (located under the ‘Producers Get Started’ section) and login.
Returning User – enter your ‘Login Email and Password’ (located on the top right hand side of the webpage)
Product trainings will appear on the left side of the webpage. If you do not see the carrier/training you need listed click “Add Product Code” and use the below list of codes in order to complete the carrier product training. Penn Mutual Fixed Annuities – PMLFixedAnnuityTraining
For assistance with issues or questions related to Penn Mutual’s training, please contact them at 800.818.8184, option 3.
For assistance with issues related to the RegEd website, please contact RegEd at 800.334.8322.
Principal
Click here to access the Product Specific Training. How to access training courses through LIMRA.
For AML training, the carrier accepts training from:
- LIMRA
- RegEd
- NW Mutual
Need a copy of completion certificate if done through a vendor other than LIMRA.
Protective
Click here to access the Product Specific Training.
For AML training, the carrier will accept most vendors, but need a copy of your completion certificate if done through a vendor other than LIMRA.
Reliance Standard
Instructions for Product Specific Training
Do not need agent number.
The carrier accepts AML through RegEd or LIMRA only. They receive a weekly report from LIMRA, so it is faster if we can send a screen print.
Royal Neighbors
Sagicor
A producer must complete the following Sagicor and/or state required annuity training before they solicit an annuity application:
- General annuity suitability training. The training requirement is a key component of the National Association of insurance Commissioners (NAIC) Suitability in Annuity Transaction Model Regulation:
- Annuity indexed product training. Iowa producers who wish to sell an indexed life or indexed annuity product need to complete 4-hours of CE on indexed products (click on the “Annuity Indexed Training” link below for more information);
- Company specific training for each annuity product that producer is going to sell.
Annuity Suitability Training:
-
- An Annuity Suitability training course that has been approved in a state that has previously adopted an Annuity Suitability Regulation. For example: Colorado adopted an Annuity Suitability Regulation with an effective date of 04/01/2011. If a producer completed a training course that was approved to fulfill this requirement in Colorado, that same training course can be used to fulfill the general “suitability” training course. If you have taken an annuity suitability training course as described above, we require that you furnish Producer Appointment with a certificate of completion or a training record issued by the CE provider. Producer Appointment will independently verify that the course submitted complies with the training requirements.
Or
- An Annuity Suitability training course that has been approved in a state that has previously adopted an Annuity Suitability Regulation. For example: Colorado adopted an Annuity Suitability Regulation with an effective date of 04/01/2011. If a producer completed a training course that was approved to fulfill this requirement in Colorado, that same training course can be used to fulfill the general “suitability” training course. If you have taken an annuity suitability training course as described above, we require that you furnish Producer Appointment with a certificate of completion or a training record issued by the CE provider. Producer Appointment will independently verify that the course submitted complies with the training requirements.
-
Sagicor’s “Annuity Suitability Training Course – CE and Company Credit (Free)”. Course completion requires successfully passing the final exam associated with the course. Please note, you will need pay an extra fee to receive state CE credits.
*This course will not fulfill the annuity suitability training requirement in California.
*Virginia resident producers are required to complete an Annuity Suitability Training course that provides 4-hours of VA CE. VA resident producers must provide proof of completion of the 4-hour CE requirement.
*Iowa requires producers who wish to sell indexed products to complete 4 hours of CE on indexed products. This course is approved for 4 hours of CE credit in the state of Iowa. To receive the CE credit, you must pay the applicable fee.
See courses below, or access on their producer website .
Annuity Suitability Training Course
SPIA
Gold Series SPIA Product Training Course
Sage Choice
Gold Sage Choice SPDA Product Training Course
Milestone MYGA
Sage Milestone Multi-Year Guarantee Annuity (MYGA)Training_ Course
SILAC
Product specific training is required prior to solicitation of new business. Please follow the link below to complete the required Secure Savings Elite product training.
For information on how to create a RegEd account and for the JIT Product Codes that are necessary to access SILAC product training, please review our RegEd help link below.
SILAC Agent Training Information
AML coursed only accepted from:
- Kaplan
- LIMRA
- Noble
- QuestCE
- RegEd
- SuccessCE
- SuranceBay
- WebCE
The Standard
Symetra
Click here to access the Product Specific Training.
For AML training, the carrier will accept most vendors, but need a copy of your completion certificate. They will not pull the information from LIMRA, so a screen print is needed.
Voya Insurance and Annuity Company (VIAC):
Click here to access the Product Specific Training. They will also accept Product Training done through Kaplan
Portal code: INGAnnuities
Voya accepts AML from:
- ACLI
- Affordable Educators
- Ameritas
- Andover Bank
- AXA Equitable Life Insurance Company
- Crump Life Insurance Services (formerly Bisys)
- Cape School, Inc.
- Farmer’s Financial Solutions
- Financial Campus
- FINRA
- Fire Solutions
- First Merit Insurance
- Voya Advisors Network Firm Element course
- Learning Center AML Course
- Kaplan
- Legend Equities
- LIMRA
- LOMA
- Motorists Life
- National Western Life
- NY Life
- Northwestern Mutual
- Prudential
- Quest
- Reg Ed
- Sandi Kruise
- Securities America, Inc.
- Security Mutual
- Security National Life
- Securities Training Corporation (STC)
- Softech/360 Training
- Success Family of CE Companies
- Transamerica Securities
- Thrivent
- WebCE
- Western United Life
- Wilmington Trust
- WRP Investments