We look forward to working together, and please contact us anytime.
Please also see information for Carriers, Distributors, and Producers

General FAQs for the NAIC Model Regulation

How soon do all 50 States have to adopt the NAIC Annuity Suitability Model Regulation?
The Financial Reform Act, signed by the President on July 21st, 2010, requires individual states to comply with the 2010 NAIC Suitability in Annuity Transactions Model Regulation (NAIC 2010) no later than June 16, 2013.

Is Success CE an approved Provider for NAIC Annuity Training?
Success CE is a nationally approved provider of Insurance and Professional Designation Continuing Education, and 38 states have approved our NAIC Annuity Suitability CE Course.

Success CE is currently offers Reciprocity Functionality to our NAIC Annuity Training Platform solution. The NAIC has not mandated that Carriers provide their Producers with Annuity Training through any specific vendor, however Success CE is able to quickly file and get courses approved for each State Specific Annuity Requirement., and we expect all 50 states to approve our NAIC 4 Hour CE Annuity Suitability course within the next two weeks.

What is the Reciprocity Functionality?
Most states had included a clause in their State Specific Annuity Requirement, which is as follows:
“Completion of an annuity training courses approved in another state that is substantially similar to our requirements can satisfy the annuity training requirement.”
Success CE’s proprietary system has the programming intelligence built in to recognize which states share reciprocity. Please see notes on California, Texas , and Florida below.

When your agents are selecting their CE courses, they may easily take the NAIC Annuity Suitability Course in their home state for only $7.95, plus state fees, if applicable.

Do certain states have an Annuity Requirement that pre-dates the above legislation?
Yes. California , Florida , and Texas have a CE requirement that pre-dates this legislation.

California : For new licensees, they must complete the 8 Hour Initial Annuity Training. In each subsequent renewal period after the initial 8 hour completion, all licensees, who wish to market, sell, or discuss Annuities must complete the 4 Hour Annuity Follow-Up Training.

Texas : Beginning April 1st, 2010, Texas licensees who sell or market Annuities must take the initial 4 Hour Annuity Certification and then, before their next renewal, must complete the 4 Hour Follow-Up Annuity Training.

Florida : Florida requires a 3 Hour Senior Suitability course to be completed in each renewal period

To check specifically into each state requirement, and to see if the state has yet adopted the NAIC Annuity Requirement

Who should I contact for more information about Success CE’s NAIC Annuity Training Solution?
Please contact Shelley Bell at 770-783-0174 or Email SBell@SuccessCE.com