NAIC annuity training and suitability requirements

A majority of states require you to complete carrier-specific annuity product training courses, and/or a general annuity training course, prior to soliciting annuity sales in those states. The training gives you a general understanding of annuities and about specific carriers' products.

If you are part of the Principal^® Financial Network

Information and details on accessing courses are provided in the link. You must complete both the state and separate product training.

• Principal^® Financial Network and Principal Securities, Inc. Registered Representatives (PDF)

General and Best Interest annuity state training element

You can find the four-hour general annuity training course, and the new one-hour and four-hour Best Interest annuity state training courses, on Virtual University.

If the general training course is completed outside of Virtual University, a certificate of completion from the registered CE provider must be sent to the Sales Compensation Administration team to prove the training has been completed.
 

If you work with an independent broker dealer

Carrier specific annuity product training courses, which are a series of PowerPoint slides for you to review, can be accessed through the RegEd website.

If you haven’t already, you’ll be required to log in and complete the Self Registration page. Click on “Register” to complete your profile. 

For Financial Professional use only.

Annuity products and services are offered through Principal Life Insurance Company^®. Securities offered through Principal Securities, Inc., member SIPC, and/or independent broker/dealers. Referenced companies are members of the Principal Financial Group^®, Des Moines, Iowa 50392, principal.com.
 

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