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Quest CE’s Oregon Annuity Training Course Approved - Quest CE is proud to announce their Oregon Annuities Training Course has been approved and meets Oregon’s NAIC State Specific Annuity requirement
Quest CE’s Oregon Annuity Training Course Approved

 

PRZOOM - /newswire/ - Milwaukee, WI, United States, 2011/03/23 - Quest CE is proud to announce their Oregon Annuities Training Course has been approved and meets Oregon’s NAIC State Specific Annuity requirement.

   
 
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Quest CE, premier provider of insurance continuing education and FINRA compliance training, is proud to announce their Oregon Annuities Training Course has been approved and meets Oregon’s NAIC State Specific Annuity requirement. Producers can immediately begin taking the course to ensure compliance when the rule goes into effect.

Principally, annuities have become more readily available and complex in selecting the one best suitable for the consumer’s necessity. Consequently, if a consumer purchases an annuity that is not appropriate for their situation, the consumer can suffer a substantial financial loss, and/or receive no benefit from the annuity. The best solution in determining the suitability of an annuity product for a consumer requires that the insurer and producer have a thorough knowledge of annuities in general, financial implications of choosing an annuity and the particular products.

Oregon’s Insurance Division would like to ensure that insurers and producers evaluate the suitability of an annuity for a specific client, and have confidence that producers who sell annuities receive training about annuities and suitability.

The State of Oregon has adopted the NAIC Suitability in Annuity Transaction Model Regulation recommendation. This Model Regulation was adopted to set standards and procedures for suitable annuity recommendations and to require insurers to establish a system to supervise recommendations, so that the insurance needs and financial objectives of consumers are appropriately addressed. The Oregon rule will be effective on July 1, 2011.

Quest CE’s Oregon NAIC Annuities Training Course will reflect the following topics:

• A complete basic understanding of annuities;
• Examples, references and citations that illuminate complex points of annuities;
• Comprehensive text with cohesive narrative explanation;
• The importance of annuities and how it benefits the consumer;
• Obstacles and relevant solutions associated with annuities as they relate to seniors.

The State of Oregon requires producers to complete 24 hours of continuing education, including three (3) hours of Oregon law and three (3) hours of ethics, every two (2) years. Quest CE offers a full suite of courses for producers to fully complete their continuing education requirements.

For more information regarding the course or requirement, please call or E: info[.]questce.com.

About Quest
Since 1986, Quest CE (questce.com) has built a reputation of being the premier provider of Compliance Education to the financial services industry. In addition to offering Providership Administration and insurance continuing education (CE) for professionals holding insurance licenses and professional designations like the CFP, CPA, CLE, CIMA and CLU/ChFC designations, Quest also provides a complete spectrum of compliance training solutions including the Financial Industry Regulatory Authority (FINRA) annually required Firm Element Training for registered representatives, On-demand Annual Compliance Meetings, Annual Compliance Questionnaires, Needs Analysis Surveys, Outside Business Activity Tracking, Gifts and Entertainment Tracking and Political Contributions Tracking.

With a client retention rate of 97.5% and a growth rate of over 500% since January 1, 2005, more and more people are discovering why Quest CE is the Next Generation of Compliance Training Solutions. Quest CE serves more than 250 leading insurance carriers, broker/dealers, banks, and other financial institutions. Quest is a privately held firm which allows us to quickly meet the ever-changing needs of their clients. Quest’s commitment is to provide advanced custom solutions at cost effective rates while providing a level of service that greatly surpasses that of our competitors. Quest provides a single source solution for organizations training and compliance needs, saving you both time and money.

 
 
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Quest CE’s Oregon Annuity Training Course Approved

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Contact: Alex Krenke - QuestCE.com 
877-593-3366 alexkrenke[.]questce.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Quest Continuing Education Solutions securities in any jurisdiction including any other companies listed or named in this release.

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