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Quest CEs New York Annuity Training Course Approved - Quest CE is proud to announce their New York 4-Hour Annuities Training Course has been approved and satisfies Regulation 187 for the state of New York - QuestCE.com
Quest CEs New York Annuity Training Course Approved

 

PRZOOM - /newswire/ - Milwaukee, WI, United States, 2011/09/19 - Quest CE is proud to announce their New York 4-Hour Annuities Training Course has been approved and satisfies Regulation 187 for the state of New York - QuestCE.com.

   
 
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Quest CE, premier provider of insurance continuing education and FINRA firm element training and tracking, is proud to announce their New York 4-Hour Annuities Training Course has been approved and satisfies Regulation 187 for the state of New York. The rule became effective on June 30, 2011 and applies to any recommendation to purchase or replace an annuity contract made on or after this date. Producers can immediately begin taking the course to satisfy the annuity requirement and will earn continuing education credits toward the renewal of their insurance license.

NY Regulation 187 requires insurers to establish standards and procedures for recommendations to consumers, in regards to annuity contracts. The regulation ensures the insurance needs and financial objectives of the consumers are appropriately addressed and are significantly comparable to the NAIC Suitability in Annuity Transaction Model Regulation recommendation.

The insurance company is responsible for ensuring that every producer recommending its annuity products is adequately trained to make the recommendation. Additionally, it is the responsibility of the producer to know the annuity training requirements of the insurance company with whom he or she works. However, the regulation does not require the completion of specific training classes.

New York licensees must complete 15 credits of continuing education during each two year licensing period. Quest CE offers a full suite of courses for producers to complete all their continuing education requirements. In addition, Quest CE is proud to offer state specific annuity training courses for Colorado, District of Columbia, Hawaii, Indiana, Iowa, Kentucky, Maryland, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, West Virginia and Wisconsin, whom have also adopted the NAIC recommendation.

To view Quest CEs NAIC Annuity Training Platform, visit learn.questce.com/). For questions regarding the annuities training course or the requirement, please contact Quest CE at 877-593-3366 or email info[.]questce.com.

About Quest CE

Since 1986, Quest CE 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 93% and a growth rate of over 770% 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 300 leading insurance carriers, broker/dealers, banks, and other financial institutions. Quest CE is a privately held firm which allows us to quickly meet the ever-changing needs of our clients. Quest CEs 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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Agency / Source: Quest Continuing Education Solutions

 
 

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Quest CEs New York 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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