Overview
Course Number: 6000064742
This course was designed to meet the NAIC Model for the Suitability in Annuity Transactions required training. Life producers licensed after September 25, 2011 must take this course prior to selling Annuities. This course complies with South Carolina Regulation 69-29, Suitability in Annuity Transactions. Course objectives include: Introduce the requirements of the new regulation and the reasoning behind the requirements. Introduce the annuity concept and the primary uses of annuities. Discuss the types of annuities and various classifications of annuities. Identify the parties to an annuity. Discuss how the contract provisions in fixed, variable, and equity indexed annuities affect consumers. Discuss the taxation of both qualified and non-qualified annuities. Discuss the suitability issues and regulatory requirements relating to sales practices, replacement, and disclosure requirements
This course is approved by the South Carolina Department of Insurance for Continuing Insurance Education Credit.
Registration
Register early to reserve a seat. To reserve a seat in the class, registration must be accompanied by payment in full. Phone in your registration before class date. Payment by credit card will be required for phone registrations.
Walk-in registrants will be seated only if space is available. Discounts are not available to Walk-in registrants. Walk-in registrants must arrive at least 30 minutes before class time.
NO LATE ARRIVALS WILL BE SEATED. IT IS THE LAW!
Cancellations and Rescheduling
Brewer Insurance School reserves the right to reschedule or cancel a class if the class has less than 20 students enrolled.
Certificates
Approved Sponsors of approved courses are required to provide a certification of course completion to each individual who successfully completes an approved course within thirty (30) business days after the course is completed. Verification of the accuracy of the certification provided by the approved sponsor remains the responsibility of the producer. (SC Reg 69-50)
FAQ
The following questions are those we are asked most often. We want to update it as necessary to assist you by answering any question you may have regarding our school or the licensing processing, so please email us at info@BrewerInsuranceSchool.com or call us if you do not find the answer to your question.
What is the dress code for the class?
The official dress code is business casual. Please dress in layers since it is difficult to control the temperature in a classroom environment to meet everyone's satisfaction.
Do you ever cancel classes?
We don't cancel class unless it is absolutely necessary. Usually the reason we cancel is for low enrollment or bad weather. We try to hold the class if it is reasonable for us to do so. We feel our students are taking this class to prepare themselves for their next career or upgrade their position in their current career. It is important for us to meet our commitment to them.
Would you offer classes for a group of associates at our office?
We do offer classes to companies, agencies or group classes on a contract basis. Please contact us via phone or our Contact web page to inquire about this option.
If I pay for an associate, and they do not attend, do I get a refund?
We will refund the payment or transfer the payment to another student from your organization if the student does not attend the class. If the student begins class and drops out or withdraws, the payment is non-refundable.
When is payment due?
Payment is required at the time of registration for all class types of classes.
What forms of payment do you accept?
We accept MasterCard, American Express, Visa, (Debit and Credit cards), Cash, Company Checks, Bank Certified Checks, Money Orders or prearranged billing (businesses only). We do not accept Personal Checks.
Do you offer discounts?
Discounts are offered periodically and when available you can apply the discount during checkout.
Do you have any weekend or night classes?
We do not offer night or weekend classes.