American Equity | REMINDER: NAIC Suitability training

June 8, 2021

Reminder: Agent training in NAIC Suitability

We previously shared the adoption of the NAIC #275 Suitability Model Regulation changes for sales in Iowa and Arizona. With the adoption, we shared form changes, new disclosure, and documentation requirements, and agent training requirements.

American Equity

As a reminder, a new four-hour NAIC training course has been developed to incorporate prior requirements plus “Best Interest.” If you have already taken the previously required four-hour NAIC suitability training course as of the date the state adopts the new regulation, you have the option to take an additional state-approved, one-hour specific Best Interest course or the newly-approved, four-hour course.

If you have not taken the existing four-hour NAIC course, you will have to take and pass a newly-approved, four-hour course that incorporates the past requirements, plus Best Interest, prior to soliciting an application.

The date to complete this additional required training is July 1, 2021.

Please visit our “Suitability & Best Interest” webpage for additional information about suitability at our company, including our guides, resource videos, state training requirements, and frequently asked questions.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881


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