NAIC Annuity Transaction Model Reg – Additional Training Requirement: AL, ME, TX, VA

Several states now require additional training; other states anticipated to follow

The NAIC has amended the Annuity Transaction Model Regulation to align with the best interest standard of care for annuity sales. As part of this Model Regulation, producers will need to complete additional training. 

Future state adoptions
The following states are pending adoption of the 2020 NAIC Model (others may follow): Connecticut, Kentucky, Nevada, Pennsylvania.