ANNUITY BEST INTEREST STANDARDS 4
ANNUITY BEST INTEREST STANDARDS - Online

Upon completion of this course, the student will be able to:
• Distinguish among the major types and classifications of annuities, including fixed, fixed indexed, and variable annuities, and immediate versus deferred annuities.
• Identify and describe the roles of the parties to an annuity contract, including the insurer, the owner, the annuitant, the beneficiary, and the producer.
• Explain how specific annuity contract features — such as surrender charges, free-withdrawal provisions, interest-crediting methods, riders, fees, and guarantees — affect the consumer who owns the contract.
• Describe the primary legitimate uses of annuities in a consumer's overall financial picture.