California Insurance Code & EthicsQuestion 57 of 315
Before an agent may sell an annuity in California, what training requirement applies?
a.Complete 1 hour of generic product training
b.No training is required if the agent already holds a life license
c.Complete 8 hours of annuity training, including 4 hours specific to California laws, before soliciting annuities
d.Complete training only if selling to seniors
Explanation
California's annuity training law requires an initial 8-hour annuity course, of which 4 hours must address California-specific suitability and senior protection rules, before an agent may transact annuities.
Law Reference: Cal. Ins. Code §10509.910+Practice all 315 questions free — no signup required.
Related questions on this topic
- Under California replacement regulations, when an applicant indicates a replacement is involved, the agent must:
- An agent wants to schedule an in-home appointment with a 78-year-old prospect to discuss life insurance and annuity products. What advance notice must the agent provide?
- The free-look (right-to-examine) period for an individual life insurance policy issued to a person age 65 or older in California is:
- California's senior insurance protections (§§785-789.10) impose heightened duties when selling to consumers age:
- If a life insurance policy or annuity is sold to a senior using funds from the surrender of an existing annuity, the consumer must receive a written disclosure that includes:
- Which of the following is a permissible ground for the Commissioner to deny, suspend, or revoke an agent's license?
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Sen Lin, PrepPass Founder · Verified against California Life & Health Insurance License Exam · How we review
Reviewed by John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verify)