State RegulationsOH specificDifficulty 3/5
A producer holding Life authority wants to begin selling annuities in Ohio. Which training requirement applies before the producer may do so?
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Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
OAC 3901-6-13(G)(2)(a) and the Ohio Department of Insurance's specialty training guidance require a one-time 4-credit (4-hour) annuity best-interest course to be completed before the agent sells, solicits, or negotiates annuities. The course counts toward the 24-hour CE requirement, and insurers must verify completion before permitting the agent to sell annuities.
Why the other options are wrong
- A) The 8-hour initial course is the long-term care training requirement; annuity training is a one-time 4-hour course.
- B) The annuity course must be completed before any annuity activity, not within 90 days after the first sale.
- D) Life authority alone does not satisfy the annuity-specific training duty.
Memory hook
Four hours once, before the first annuity — never after.