California Insurance Code & EthicsQuestion 57 of 315
Before an agent may sell an annuity in California, what training requirement applies?
a.Complete 8 hours of annuity training, including 4 hours specific to California laws, before soliciting annuities
b.Complete 1 hour of generic product training
c.Complete training only if selling to seniors
d.No training is required if the agent already holds a life license
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
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- Which of the following is a permissible ground for the Commissioner to deny, suspend, or revoke an agent's license?
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