Annuities Selling Requirments

Initial 4 Hour Annuity Training Requirement:

·        Resident agents who sell, solicit or negotiate annuities and were licensed prior to April 1, 2010 must complete a 4 hour Annuity Certification Course prior to their next renewal occurring on or after April 1, 2010.

·        Resident agents with a license issued on or after 4/1/2010 must complete a 4 hour Annuity Certification Course before selling, soliciting, or negotiating annuities.

·        The Annuity Certification course does apply towards the continuing education requirement.

·        The Continuing Education exemption based on 20 years of continuous licensure does not apply to the Annuity Certification Course requirement

·        This requirement only applies to resident agents.

 

Ongoing 8 Hour Annuity Continuing Education Requirement:

  • Texas resident agents only must complete 8 hours of ongoing annuity continuing education during each renewal period subsequent to completing the initial one-time 4 hr. annuity training course. The initial one-time 4 hr. annuity training course counts towards this 8 hr. requirement during the renewal period it is completed.
  • The Continuing Education exemption based on 20 years of continuous licensure does not apply to the Annuity Continuing Education Course requirement.
  • This requirement only applies to resident agents.