Revised NAIC Annuity Suitability Model Law

The NAIC recently proposed the adoption of a revised Annuity Suitability Model Law. Separately, the U.S. Securities and Exchange Commission (SEC) released a proposed rule package in May 2018, which included Regulation Best Interest (Reg BI). The SEC finalized Reg BI in June 2019. The final Reg BI establishes a best interest standard of conduct for broker-dealers beyond the existing suitability obligation that applies to federally registered variable annuities.

Please Note State Implementation Effective 1/1/2023: HI, MN, NC, SD

► Current list of states that have adopted the revised model

The Following Training Is Required to Sell Annuities With American National:

American National Annuity Product Training

Newly Appointed producers must take the IMG All-Encompassing Course located in your Learning Plan.
Existing Producers who have already taken the IMG All-Encompassing Course satisfy the requirement with the review of the content in this email.

Continuing Education Training

To ensure all necessary training is completed, please review the Annuity State Suitability Training Guide for individual state requirements.

Find the 1-hour and 4-hour CE courses on the RegEd website under the state you are licensed.

Training Requirements for Annuity Sales in HI, MN, NC, SD