Michigan Adopts NAIC Annuity Suitability Model Regulation course, Announces Product Specific Training Requirement

For Immediate Release 

For More Information
Shelley Bell
SBell@SuccessCE.com
www.successce.com
770.783.0174

06/01/2013 – Newport Beach, CA – Michigan has adopted the NAIC Suitability in Annuity Transaction 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, this training is provided by the insurer.

Success Continuing Education is pleased to announce that the state of Michigan has approved their NAIC Annuity Suitability course. This course satisfies the recently enacted annuity training requirement (effective 06/01/2013). Michigan producers who complete this course will also receive 4 hours of insurance continuing education credit. The course can be accessed at www.SuccessCE.com.

The Michigan Department of Insurance requires agents who hold a life insurance line of authority and desire to sell annuities complete this one-time 4 Hour Annuity Training course by 12/01/2013 in order to continue selling annuities. Producers licensed on or after 06/01/2013 must complete this requirement before selling annuities.

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

“Not only does Success CE provide the 4-hour annuity suitability requirement, we also provide all state-specific and required continuing education courses,” states James Burch of Success CE’s Institutional Sales Team.

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 has the capability to provide and track all annuity suitability requirements. We also have made significant enhancements to our Product Specific Training Platform, which has the ability to place the correct Annuity Suitability and Product Specific Training courses in each individual producers’ account, eliminating inconvenience or error,” states Hazel Cruzado, Director of Live CE.

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 the Annuity Training Requirement Map.

About Success CE:
Success CE provides the best Insurance Continuing Education solutions at the most affordable prices.

Success CE is approved nationwide as a provider of Insurance Continuing Education courses for producers and adjusters, CFP Continuing Education, Pre-Licensing Study Courses for Insurance and FINRA licenses, Securities (Firm Element) Continuing Education, CPA Continuing Education, CIMA Continuing Education, CLU/ChFC (PACE) Continuing Education, and Legal (MCLE) Continuing Education.

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

For Immediate Release 


“KANSAS Annuity Suitability 4 Hour Course” is Now Available at Success CE

For Immediate Release 

For More Information
Shelley Bell
SBell@SuccessCE.com
www.successce.com
770.783.0174

06/01/2013 – Newport Beach, CA — Success CE is pleased to announce that the state of Kansas has approved their Course “NAIC Suitability in Annuity Transactions Model Regulation”, to satisfy the recently passed annuity training requirement (effective 6/01/2013). KS producers completing this course will also be awarded 4 hours of insurance continuing education credit.

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

This course satisfies the requirement that was initiated effective 6/01/2013. All Agents that hold a Life Insurance Line of Authority License on 6/01/2013 and desire to sell Annuities must complete a one-time 4 hour Annuity Training course by 12/01/2013. This applies to both resident and non-resident producers. A substantially similar course completed in another state will meet this requirement.

Kansas is just one of the many states to pass an annuity suitability training requirement and there are still more states that will follow suit this year. 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 the Annuity Training Requirement Map.

“At Success CE, we continue to be the first company out of the gate in providing not only the 4-hour Annuity Suitability course, but all state-specific continuing education courses,” states Shelley Bell of Success CE’s Institutional Sales Group. Success CE can provide, deliver, and track all annuity suitability requirements and provide verification for insurance carriers and distribution channels.

“We are committed to maintaining our position as a proactive and reliable resource for producers, carriers, and the various distribution channels to meet these evolving annuity training requirements. Our affiliate website program allows tracking and verification of producer completion of NAIC Annuity Suitability Model Training courses, Product Specific Training, or any CE course, through our Success Management System (SMS),” states J. William Cooley, President/CEO.

About Success CE:
Success CE provides the best Insurance Continuing Education solutions at the most affordable prices.

Success CE is approved nationwide as a provider of Insurance Continuing Education courses for producers and adjusters, CFP Continuing Education, Pre-Licensing Study Courses for Insurance and FINRA licenses, Securities (Firm Element) Continuing Education, CPA Continuing Education, CIMA Continuing Education, CLU/ChFC (PACE) Continuing Education, and Legal (MCLE) Continuing Education.

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

For Immediate Release


Updated “NAIC Suitability in Annuity Transactions and Model Regulation” course for Louisiana now available at Success CE

For Immediate Release 

For More Information
Shelley Bell
SBell@SuccessCE.com
www.successce.com
770.783.0174

04/15/2013 — Newport Beach, CA — Success CE is pleased to announce that the state of Louisiana has re-approved the revised and newly streamlined NAIC Suitability in Annuity Transactions and Model Regulation, to satisfy its annuity training requirement (effective 8/15/2012). Louisiana producers completing this course will also be awarded 4 hours of insurance continuing education credit.

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

The Louisiana annuity training rules require that producers licensed to sell annuities before 8/15/2012 must complete a one-time annuity training course approved for 4 hours by 1/1/2013 in order to continue selling annuities. Producers licensed on or after 8/15/2012 must complete this requirement before selling annuities. Louisiana 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.

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 the Annuity Training Requirement Map.

“It is our goal to ensure that each of our courses is kept current with the states’ rules so that our customers not only meet their necessary requirements, but also guarantee that they are receiving the most accurate information to sell their products,” states Roger Bell of Success CE.

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

“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.

About Success CE:
Success CE provides the best Insurance Continuing Education solutions at the most affordable prices.

Success CE is approved nationwide as a provider of Insurance Continuing Education courses for producers and adjusters, CFP Continuing Education, Pre-Licensing Study Courses for Insurance and FINRA licenses, Securities (Firm Element) Continuing Education, CPA Continuing Education, CIMA Continuing Education, CLU/ChFC (PACE) Continuing Education, and Legal (MCLE) Continuing Education.

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

For Immediate Release