Arizona Annuity Suitability Training Announcement from Department of Insurance

December 6, 2017: The Licensing Section of the Arizona Department of Insurance issued the following reminder to all insurers and producers selling, soliciting, or negotiating annuity contracts in their state:

"Pursuant to Arizona House Bill 2160 (Laws 2017, Chapter 226), on or after January 1, 2018, an insurer must verify that an individual who holds a life insurance producer license has completed a four-hour annuity training course before allowing the insurance producer to sell, solicit, or negotiate an annuity on the insurer's behalf.

While only Arizona-resident insurance producers are subject to Arizona's insurance continuing education requirements, both resident and non-resident life insurance producers must complete the four-hour training course in order for an insurer to permit the producer to transact annuities.  Insurers are responsible for verifying that an insurance producer has completed the required training before allowing the producer to sell an annuity product for that insurer.

Producers do not need to submit information to the Department of Insurance, but should retain all course completion certificates so they can provide verification to their insurers.

An insurance producer can get Arizona insurance continuing education credit hours and meet the four-hour training requirement by completing Arizona-approved continuing education courses.

...{A.D. Banker offers Annuity training courses via Live Webinar and Online}

Any course that shows 4 or more hours of annuity credit will satisfy the training requirement.

Please Note, you can also meet the four-hour training requirement by completing four or more hours of annuity training in order to fulfill another state's annuity training requirement.

If you have any questions regarding this training requirement, please contact the Licensing Section at licensing@azinsurance.gov or 602.364.4457.

Sincerely,

Licensing Section 

Arizona Department of Insurance

 

2-Hour Colorado Claims-Made online course available

A.D. Banker & Company announces the approval of a new online version of the Colorado 2-Hour Claims-Made course, which satisfies the state's training requirement for producers working with these types of policies. 

Click here to check it out

A.D. Banker has made it easy to meet all of your CE requirements for over 35 years. As the premier national provider of CE, A.D. Banker delivers quality content through exceptional and personalized customer care, setting us apart as the most trusted CE solution in the industry. With courses approved to satisfy LTC, AML, Annuity Suitability, Flood, Ethics, and state specific requirements, our straightforward and reliable system will satisfy your needs. Courses are available in live class, live webinar, online, and self-study, with all course completions automatically reported daily to take the worry out of producer compliance. 
For more information, visit www.adbanker.com, or call us at 800.866.2468

New Courses Available

New CE Titles Add Choices for Producers...

  • Driving into the Future: Uber, Drones, & Driverless Cars (LIVE webinar, online and self-study)
  • Health Insurance Plans & Policies (online)
  • Variable Annuities (online)
  • Fixed and Indexed Annuities (online)

California

A.D. Banker has made it easy to meet all of your CE requirements for over 35 years. As the premier national provider of CE, A.D. Banker delivers quality content through exceptional and personalized customer care, setting us apart as the most trusted CE solution in the industry. With courses approved to satisfy LTC, AML, Annuity Suitability, Flood, Ethics, and state specific requirements, our straightforward and reliable system will satisfy your needs. Courses are available in live class, live webinar, online, and self-study, with all course completions automatically reported daily to take the worry out of producer compliance. 
For more information, visit www.adbanker.com, or call us at 800.866.2468

NAIC News Release - Legendary Actress Rita Moreno Encourages Seniors to "Keep Moving" in New PSA

FOR IMMEDIATE RELEASE

Legendary Actress Rita Moreno Encourages Seniors to "Keep Moving" in New PSA
PSA part of NAIC’s senior education campaign on financial planning and insurance preparedness

PHILADELPHIA (Aug. 8, 2017) —The National Association of Insurance Commissioners (NAIC) today announced the launch of a nationally televised public service announcement (PSA) starring Rita Moreno, one of only 12 people to have won an Emmy, Grammy, Oscar and Tony. The PSA is the next phase of Moreno's partnership with the NAIC to encourage seniors to get smart about their insurance policies and financial plans as part of NAIC's Insure U consumer education campaign.

Rita has enjoyed a distinguished career spanning seven decades, but she is no stranger to the challenges faced by many seniors with their insurance policies and personal finances. During their 46-year marriage, Rita's husband Leonard was solely responsible for handling the family's financial affairs. After his passing, she was not only emotionally exhausted, but completely unprepared to take on complex insurance and financial matters. Rita emerged from the experience motivated to help older Americans avoid similar situations.

"I was fortunate to have a close friend help me figure out my policies and plans after my husband passed, but not everyone is so lucky," said Moreno. "End-of-life conversations are tough, but necessary. That's why the Insure U campaign is so important — these resources can help families navigate discussions so they make the best insurance and financial decisions for themselves and their families."

The new, high-energy PSA gives viewers a look at a "day in her life" and is rooted in Rita's simple, yet meaningful, life motto: "keep moving." Rita hopes her message inspires families to make smart insurance and retirement planning decisions together.

"Rita's story is a great example of why NAIC launched its Retirement Security Initiative. Unfortunately, many consumers don't take time to get educated about their long-term financial well-being," said Ted Nickel, NAIC President and Wisconsin Insurance Commissioner. "We're excited to continue this partnership with Ms. Moreno. We are confident her PSA will encourage baby boomers and seniors to talk about retirement, insurance and financial planning sooner rather than later."

To get started, Insure U offers the following tips:

  • Sharing is caring. If your plans and policies are a mystery to your spouse or partner, don't wait to share. An open exchange of information is vital to ensure you are both prepared if one of you is unable to provide information.
  • Ask the experts. When reviewing your plans and policies, do not make assumptions. A call to your state insurance department can help clear up confusion about insurance policies and ensure you are not carrying more insurance than necessary, which may help save money and prevent fraud.
  • Pass it on. Make sure your adult children understand your long-term care plans, life insurance policies, end-of-life wishes and the importance of planning ahead for their family. "This situation really made my daughter think," said Rita. "She learned a very valuable lesson from my experience."
  • Help is available. If a loved one has passed away and you need help locating their life insurance policies and annuity contracts, NAIC's Life Insurance Policy Locator may be able to help. Just complete the request form and the NAIC will inquire with participating companies to track down the information you need.

The TV PSA is the latest addition to the NAIC Retirement Security Initiative communications. Other assets include a nationally distributed radio PSA and "Life Unscripted," a video series featuring Rita's take on modern advancements, such as social media and the sharing economy, and lessons learned after her husband's death. To help seniors get insurance-smart and avoid fraud, NAIC also created 10 Tips to Help Seniors Navigate the 21st Century, a downloadable checklist of information all seniors should know about the sharing economy, social media, long-term care, living with adult children, annuities and more.

For unbiased tips and tools to help consumers understand their insurance options, visit www.insureuonline.org. Consumers who need insurance information specific to where they live can contact their state insurance commissioner.

Montana Annuity Suitability Training Now Required

Effective January 1, 2018:  Producers and brokers must complete a 4-hour annuity course to meet carrier training requirements. Substantially similar training completed in another state (based on the 2010 Suitability in Annuities Regulation) will satisfy this requirement.

This training must be completed prior to selling, soliciting, or negotiating any annuity products for all licensed producers on or after 1/1/2018.

A.D. Banker currently offers approved annuity training online and via live webinar.

Click here to enroll

A.D. Banker has made it easy to meet all of your CE requirements for over 35 years. As the premier national provider of CE, A.D. Banker delivers quality content through exceptional and personalized customer care, setting us apart as the most trusted CE solution in the industry. With courses approved to satisfy LTC, AML, Annuity Suitability, Flood, Ethics, and state specific requirements, our straightforward and reliable system will satisfy your needs. Courses are available in live class, live webinar, online, and self-study, with all course completions automatically reported daily to take the worry out of producer compliance. 
For more information, visit www.adbanker.com, or call us at 800.866.2468

Arizona Annuity Suitability Training Now Required

Effective May 1, 2017, the State of Arizona requires all producers with a Life Insurance line of authority who currently sell, or wish to sell, annuity products--complete a one-time, 4-hour CE approvable training course NO LATER than 1/1/2018.

This training must be completed prior to selling, soliciting, or negotiating any annuity products for new agents licensed on or after 1/1/2018.

A.D. Banker currently offers approved annuity training online, and via live webinar.

Click here to enroll

A.D. Banker has made it easy to meet all of your CE requirements for over 35 years. As the premier national provider of CE, A.D. Banker delivers quality content through exceptional and personalized customer care, setting us apart as the most trusted CE solution in the industry. With courses approved to satisfy LTC, AML, Annuity Suitability, Flood, Ethics, and state specific requirements, our straightforward and reliable system will satisfy your needs. Courses are available in live class, live webinar, online, and self-study, with all course completions automatically reported daily to take the worry out of producer compliance. 
For more information, visit www.adbanker.com, or call us at 800.866.2468

Delaware Announces 4-hour Annuity Suitability Training Requirement

Effective June 1, 2017, the State of Delaware requires that all Life/Annuities producers complete a mandatory, one-time, 4-hour approved continuing education training course. Producers who already hold a license, have until November 29, 2017 to complete this training.  Producers licensed on or after June 1, 2017 must complete their training course prior to selling, soliciting, or negotiating any annuity products.

Non-resident producers are not subject to Delaware CE requirements; however, BOTH resident and non-resident licensed producers who engage in the sale of annuity products in Delaware must complete the required annuity certification course.

Producers who have completed the 4-hour initial training requirement in any other state that is compliant with the 2010 NAIC Suitability in Annuity Transactions Model Regulation by May 30, 2017, will be considered compliant in Delaware. It is the responsibility of the agent to provide proof of compliance with any relevant annuity training requirement. 

A.D. Banker offers approved annuity training online, self-study, and via live webinar. Click here to enroll

A.D. Banker has made it easy to meet all of your CE requirements for over 35 years. As the premier national provider of CE, A.D. Banker delivers quality content through exceptional and personalized customer care, setting us apart as the most trusted CE solution in the industry. With courses approved to satisfy LTC, AML, Annuity Suitability, Flood, Ethics, and state specific requirements, our straightforward and reliable system will satisfy your needs. Courses are available in live class, live webinar, online, and self-study, with all course completions automatically reported daily to take the worry out of producer compliance. 
For more information, visit www.adbanker.com, or call us at 800.866.2468

Missouri 4-Hour Annuity Suitability Training Courses Approved

A.D. Banker & Company's 4-hour Annuity Suitability Online and Webinar CE courses are approved in Missouri.

Missouri adopted the NAIC Model Act's recommended curriculum and agent training requirements, effective March 30, 2017.  Agents who currently sell, solicit, or negotiate annuity contracts have until Sept 30, 2017 to complete a one time, 4-hour Annuity training course. Producers licensed on or after 3/30/17 must complete training prior to any annuity transaction. A.D. Banker offers approved curriculum online, live--via webinar and in the classroom, and self-study.  

Non-resident producers who have completed a "substantially similar" 4-hour Annuity Training course in another state will be considered compliant in Missouri (check with carriers to verify).

Click here to enroll for Online      Click here to order a Self-Study book     
Click here to enroll for a Webinar    Click here to enroll in a live Class

A.D. Banker has made it easy to meet all of your CE requirements for over 35 years. As the premier national provider of CE, A.D. Banker delivers quality content through exceptional and personalized customer care, setting us apart as the most trusted CE solution in the industry. With courses approved to satisfy LTC, AML, Annuity Suitability, Flood, Ethics, and state specific requirements, our straightforward and reliable system will satisfy your needs. Courses are available in live class, live webinar, online, and self-study, with all course completions automatically reported daily to take the worry out of producer compliance. 
For more information, visit www.adbanker.com, or call us at 800.866.2468

Virginia Announces 4-hour Annuity Suitability Training Requirement

A.D. Banker & Company's 4-hour Annuity Suitability Online and Webinar CE courses are approved in Virginia.

Virginia adopted the NAIC Model Act's recommended curriculum and agent training requirements effective April 1, 2017.  Existing agents who currently sell, solicit, or negotiate annuity contracts have until January 1, 2018 to complete a one time, 4-hour Annuity training course. Producers licensed on or after April 1, 2017 must complete training prior to any annuity transaction. A.D. Banker offers approved curriculum Online, Self-Study, live via Webinar.  

Non-resident producers who have completed a "substantially similar" 4-hour Annuity Training course in another state will be considered compliant in Virginia(check with carriers to verify).

Click here to enroll for Online       Click here to enroll for a Webinar      Click here to order a Self-Study book

A.D. Banker has made it easy to meet all of your CE requirements for over 35 years. As the premier national provider of CE, A.D. Banker delivers quality content through exceptional and personalized customer care, setting us apart as the most trusted CE solution in the industry. With courses approved to satisfy LTC, AML, Annuity Suitability, Flood, Ethics, and state specific requirements, our straightforward and reliable system will satisfy your needs. Courses are available in live class, live webinar, online, and self-study, with all course completions automatically reported daily to take the worry out of producer compliance. 
For more information, visit www.adbanker.com, or call us at 800.866.2468

CE Webinars Approved in Minnesota - NO EXAMS!

A.D. Banker & Company announces the approval of new Continuing Education Webinar titles in Minnesota. NO EXAMS are required! Courses are attended online and completions reported daily.

Approved titles include:

  • P&C Risks and Catastrophes (4 hrs PC)
  • Medicare (4 hrs LH)
  • Anti-Money Laundering (4 hrs GN)
  • Ethics: Delivering on the Promise (3 hrs ET)
  • Insurance Fraud (4 hrs GN)
  • Cyber Liability (2 hrs GN)
  • Disability Income Planning (4 hrs LH)
  • Ethics in the Senior Market (3 hrs ET)
  • Professional Liability (3 hrs GN)
  • The Health Insurance Marketplace (3 hrs LH)
  • Business Succession Planning (4 hrs LH)
  • Financial Planning Made Easy (4 hrs LH)
  • Homeowners Endorsements (4 hrs PC)
  • Personal Auto Coverages & Claims (4 hrs PC)
  • Planning for Retirement Needs (4 hrs LH)
  • Cyber Security (4 hrs GN)
  • Ethics in Action (3 hrs ET)

CE Webinars are currently approved in:  AK, AL, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NY, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY.

 

A.D. Banker has made it easy to meet all of your CE requirements for over 35 years. As the premier national provider of CE, A.D. Banker delivers quality content through exceptional and personalized customer care, setting us apart as the most trusted CE solution in the industry. With courses approved to satisfy LTC, AML, Annuity Suitability, Flood, Ethics, and state specific requirements, our straightforward and reliable system will satisfy your needs. Courses are available in live class, live webinar, online, and self-study, with all course completions automatically reported daily to take the worry out of producer compliance. 

For more information, visit www.adbanker.com, or call us at 800.866.2468