Web29. jun 2024. · And even in the context of annuities, you can sell a fixed annuity, indexed annuity, or a lifetime immediate annuity with only a life and health license and no Series exam or broker-dealer relationship. It's just the variable annuity and the variable life that actually requires the Series license and the broker-dealer. Web31. maj 2024. · For an agent to sell fixed annuities, they only need a life insurance license issued by their state of residence. …. Variable annuities are considered securities, and …
Annuities FINRA.org
Webthat are sufficient for selling annuities, such as the producer license with the life and fixed annuities or a license with variable life/variable line of authority, will still be utilized in Pennsylvania. 2. Are there new training/continuing education (CE) requirements that I need to take related to annuities? a. Yes, under Section 403.1-B of ... Webannuity. is a contract that provides income for a specified period of years, or for life. An annuity protects a person against outliving his or her money. Annuities are not life insurance, but rather a vehicle for the accumulation of money and the liquidation of an estate. Accumulation period. also known as the pay-in period, is the period of ... cran guava juice
Variable Annuities Flashcards Quizlet
WebVariable Annuities. Variable annuities offer investors choices among a number of complex contract features and options. With variable annuities, the rate of return—and … Web21. feb 2024. · The Series 6 license, also known as the Investment Company and Variable Contracts Products license and allows you to sell variable annuities, mutual funds, and other financial investment products. However, the Series 7 or General Securities Representative license allows you to sell a broader range of products. 2. Insurance … WebA life agent or life broker may also be licensed to sell variable life and/or variable annuity products. The Agent or Broker must hold the life line of authority and must be registered … cranimals amazon