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Insurance Continuing Education Articles / Newsletters

Solutions for your company regarding the New Annuity Suitability Training Requirements (Rule 82) from The Success Family of CE Companies - 9/2009

Success CE announced today its new four-hour Online Insurance and Securities Continuing Education course, which meets the need for Rule 82 Annuity Suitability Training in Arkansas. The course also incorporates Rule 2821 and Rule 2310 as a part of the course material and is available on all of Success CE affiliate company websites.

“Our affiliate website program allows Insurance Carriers, IMOs/FMOs, B/Ds, and Product Distribution Companies to track their producers’ completion of this course, or any CE course, through our Success Management System (SMS)”, states J. William Cooley, President/CEO.

“This co-branded site allows companies to add value to their producers, while maintaining compliance with CE requirements. The tracking features of the Web 2.0 affiliate sites are the latest in technological innovation”, adds Carol Seguin with the Institutional Sales Group at Success CE.

Arkansas now requires four hours annually of annuity suitability training which includes content related to Arkansas Code as well as training specific to the suitability and marketing standards of each company selling annuities in Arkansas. Success CE has approved an Arkansas training course to meet the state content requirements of the suitability law. This Insurance CE course qualifies for four hours of Insurance CE credit, with the ability to incorporate company specific suitability and marketing standards.

“At Success Continuing Education, we are always adapting to stay up-to-date with state rules and requirements in order to offer the highest quality Insurance and Securities CE training, and meet the needs of Product Distribution Companies and the Financial Advisors who market their products,” stated J. William Cooley, President and CEO of Success Continuing Education.

Within the last year, several states have implemented additional insurance continuing education requirements in the area of suitability for annuity sales and exchanges. This trend of states requiring annuity suitability training can be expected to accelerate over the next year.

California, Florida, and Arkansas now require producers to complete insurance continuing education courses on the topic of annuity suitability. Texas has published their new requirement as of August 27, 2009

For more information on meeting these new requirements, please contact Tony Torres at 949-706-9453 x-147, TTorres@SuccessCE.com or visit www.SuccessCE.com or www.InsuranceContinuingEducation.com.