Course Outline
- Course Overview
- Overview
- Instructions
- Annuity Suitability Best Interest
- Suitability/Best Interest Assessment
- Suitability/Best Interest Assessment: Purchase & Replacement
- Suitability Acknowledgement / Consumer Profile Information Form
- Common Policy Features
- Single-Premium Deferred Annuities: Premiums and Fees
- Interest Rates
- Policy Surrender
- Policy Maturity
- SPIA: Premiums
- SPIA: Payout Options
- Take the Quiz (8 Questions)
Policy Maturity
Maturity Date
- The policy anniversary after age 90 for all products in this training
Payment Options at Maturity
- Lump sum; or
- Available as annuity benefit – life income, fixed period, life income with guaranteed period and other options available upon request
- NOTE: If no payment option is selected, automatic option will be life income with a 10-year guaranteed period