Instructors King, Jeffrey
Course ID: INSCE017FL3
Availability: In Stock
$27.00

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Course topics include: 

  • Florida Statute 627.4554
  • Purpose, Definitions
  • Products
  • Ethical Considerations
  • Duties of Insurer and Insurance Agent
  • Education Requirements
  • Bookkeeping
  • Penalties
  • Four case studies are also included

The Florida Legislature passed a law addressing the issue of annuity fraud and strengthening penalties against Agents who use predatory sales practices. Since its passage, the statute has been revised and updated several times. The purpose of this law is to “set forth standards and procedures for making recommendations to senior consumers which result in a transaction involving annuity products to appropriately address the insurance needs and financial objectives of senior consumers at the time of the transaction”. The statute is based on the National Association of Insurance Commissioners (NAIC) Senior Protection in Annuity Transactions Model Regulations, which has been adopted in some form in many other states.

This course has been approved by the Florida Department of Financial Services for insurance continuing education credit. No classroom attendance required. This FL Intermediate CE course is approved for 3hrs of CE credit for all licenses (except 3-20).

Course Provider: OnLine Training, Inc. 
FLDFS Provider #: 366468
Course Approval #: 81791

Provider Info
Provider Name OnLine Training
Provider # 366468
Course Approval # 81791
Course Info
Course Length 3 hours
Extension Availability Yes, a 30-day extension, for a $49.00 charge, may be requested a maximum of three times and should be requested BEFORE the course expires.
Author/Instructor Jeff King
Course Availability Florida

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