Insurance Company

A financial entity that pools risk and provides insurance coverage to individuals and organizations.

Financial Advisor Licensing, Appointments and Affiliation

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Annuity Digest Buying Guide: Financial Advisor Regulation

All annuity sales require an insurance license, and some require both insurance and securities licenses.  Licensing is not a huge challenge, but there is time, effort and cost involved in the process.

Companies: 

New Rules for Fixed Annuity Suitability

The National Association of Insurance Commissioners (NAIC) has adopted an amendment that will affect the processes involved in determining the suitability of fixed annuity sales. Much of the supervisory responsibility for fixed annuity suitability will be shifted towards the insurance company. Broker -dealers will likely receive much of their guidelines, materials and recommendations from insurance companies. The result is an increase in compliance burden which will likely have the greatest...

The Opportunity of a Lifetime for Life Insurers

There currently exists what would appear to be a once in a lifetime opportunity for life insurance companies who are essentially the manufacturers of asset decumulation products such as annuities.

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