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)
Suitability/Best Interest Assessment: Purchase & Replacement
Purchase/Exchange Assessment Questions
- How will this purchase help the consumer meet their insurance needs and financial objectives?
- If the consumer were a close friend or relative, would this recommendation be suitable?
Replacement Assessment Questions
- Are there surrender charges and/or tax consequences associated with the replacement?
- Are there features or benefits in the Assurity annuity not available in the applicant's existing contract?