Texas- Texas 4hr Annuity Training

Total Hrs / Order Price
1-5 $15.95
6-17 $24.95
18-24 $39.95
25-50 $49.95
51+ $49.95 + $2.00 per
additional hour over 50
In addition: A State filing fee of $0.78 per credit hour will be added to the total

Pricing based on total number of
hours in order.

Approved For:

  • Annuity Training

Credit Hours
4

Course Type
Online

DOI Number
105050

Publisher
FastrackCE, LLC

State
Texas

State
State CE Requirements

CE Course Description

This Texas Annuity Certification course is approved for four hours of continuing education with the state of Texas. All producers licensed on or after September 1, 2011 are required to complete at least four hours of continuing education to earn their annuity certification. Once you’ve successfully completed this course, you’ll be certified to solicit, sell, and negotiate annuity contracts in the state of Texas.

This insurance CE course provides an in-depth look at how annuities work, types of annuities, state-specific and federal regulation governing their sale and distribution, and more—enabling you to enhance the guidance and service you provide your customers. Topics covered include:

  • Types of annuity contracts and common clauses.
  • Identifying the parties to an annuity.
  • Variable, fixed, and indexed annuity contracts.
  • Taxation of annuity distributions.
  • Assessment of a customer’s retirement plans and annuity suitability.
  • Disclosure and replacement.
  • Common prohibitions in annuity sales.
  • Assessment of buyer competence.

This course is appropriate for Life, Accident & Health licensees, or other producers interested in adding annuity sales and services to their business. The convenient online education format allows busy insurance producers to study on their own time—and complete Texas insurance continuing education requirements conveniently. In addition, it opens the door to a profitable new line of business—through online self-study.

Required CE Hours for Renewal in Texas

50% of the CE renewal hours must be completed with a classroom equivalent course or in a classroom setting.

  • 24 hours including 2 hours of ethics and/or consumer protection every 2 year renewal term.

    • Life, Accident & Health
    • Property and Casualty
    • Adjusters
  • 10 hours including 2 hours of ethics and/or consumer protection every 2 year renewal term.

    • Limited Lines
    • County Mutual
    • Life under $15,000

Special Training/Education Requirements (LTC, Flood, Ethics, others)

  • Long Term Care -LTC

    • Agents wishing to sell Long Term Care are required to take a one time only 8 hour Department of Insurance certified course.
    • Each license term thereafter each agent must complete a 4 hour Long Term Care Partnership CE course that is approved by the department.
  • Flood Insurance Training

    • An insurance producer who sells flood insurance may satisfy the minimum training and education requirements by completing a 3-hour course related to the National Flood Insurance Program (NFIP).

How Hours are Reported

  • CE completions are submitted electronically the next business day after a passing completion is acquired.

License Term

  • License renewal is every 2 years from the date that the license was originally issued.

Course Type approved for Continuing Education

  • Online courses
  • Independent Self-study
  • Classroom Study

Final Exam

  • Final exams do not need to be monitored and are open book.
  • Must score at least a 70% for a passing grade.

Carryover CE Hours

  • Carry over hours are not allowed in a license term.

Repeating Courses

  • Courses may not be taken more than once in each renewal period.

Completion Certificates

  • Certificates of completion are available as soon as a course is completed with a passing grade. Certificates should be printed and kept on file for future reference.

Additional Information

Third Party Contact: Sircon
Phone: 877-876-4430
Fax: 404-656-0874

Web Site:Sircon

Texas Department of Insurance

Toll Free Phone: (800) 578-4677
Phone: (512) 322-3503
Email: CE@tdi.state.tx.us

Mailing Address:
Texas Department of Insurance
Agents Licensing Unit, 107-1A
P O Box 149104
Austin, TX 78714

Web site: Texas Department of Insurance