Quest CE’s Kentucky NAIC Annuity Training Course Approved

Quest CE, premier provider of insurance continuing education and FINRA firm element training and tracking, is proud to announce the approval of their Kentucky NAIC Course. Quest CE’s Kentucky NAIC course provides NAIC training that fulfills Kentucky’s Four Hour NAIC Training Requirement.

In compliance with NAIC course guidelines, Quest CE’s one-time, four hour course covers the necessary requirements of producer licensing for annuity sales in Kentucky and states with similar licensing requirements. Changes to Kentucky Insurance Regulation 806 KAR 9:220 Section 5 regarding “Product Specific Continuing Education Requirements” require that any resident insurance producer selling, soliciting, or negotiation the sale of an annuity, must complete four credit hours of training regarding annuity suitability.

This training requirement begins on January 1st, 2012. Any resident insurance producer who holds a life line of authority on this date shall complete the training requirements within six months of this date to ensure they can continue to legally sell annuity products. Resident insurance producers who obtain a life line of authority on or after January 1st, 2012, must complete Kentucky’s annuity training requirements before selling, soliciting, or negotiating annuity sales.

Producers who have satisfied the training requirements of another state, similar to those required by 806 KAR 9:220 Section 5(3), may qualify for reciprocity, and can satisfy the training requirements for a Kentucky producer.

The required Kentucky annuity training topics include:

•The types of and various classifications of annuities
•How fixed, variable, and indexed annuity contract provisions affect the consumer
•Appropriate sales practices, replacement, and disclosure requirements

Quest CE provides crucial NAIC annuity suitability training along with a wide array of continuing education courses to fulfill continuing education needs at both state and national levels.

To view Quest CE’s NAIC Annuity Training Platform Click Here (or visit http://learn.questce.com/naicsuitability). For questions regarding the annuities training course or the requirement, please contact Quest CE at 877-593-3366 or e-mail info@questce.com.

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About Quest CE

For over twenty-five years Quest CE has been the premier provider of Compliance Education to the financial services industry. In addition to offering Providership Administration and insurance continuing education (CE) for professionals holding insurance licenses and professional designations like the CFP, CPA, CLE, CIMA and CLU/ChFC designations, Quest CE also provides a complete spectrum of FINRA compliance training solutions including annually required Firm Element Training for registered representatives, on-demand Annual Compliance Meetings, Annual Compliance Questionnaires, Needs Analysis Surveys, Outside Business Activity Tracking, Gifts and Entertainment Tracking and Political Contributions Tracking.

Serving more than 300 leading insurance carriers, broker/dealers, banks, and other financial institutions, Quest CE is committed to providing advanced custom solutions at cost effective rates, while providing a level of service that greatly surpasses their competitors. Quest CE is the single source solution for organizations seeking training and compliance needs

Our Mission is to provide advanced custom solutions at cost effective rates while providing a level of service that greatly surpasses that of our competitors. Quest CE provides a single source solution for organizations training and compliance needs, saving them both time and money.

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Milwaukee, WI 53224

Local: 414.375.3400
Fax: 414.375.3449

This release was published on openPR.