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Text about Annuity Training Requirements for California Insurance Agents Starting

New Annuity Training Requirements for California Insurance Agents in 2025

Posted on 10.08.24

The California Department of Insurance has issued new Annuity Training Requirements, which will become effective January 1, 2025. These changes are a result of the passage of Senate Bill 263, which adopts the new “Best Interest” standards for annuity sales practices. The new training requirements will replace the existing 8-Hour and 4-Hour Annuity Training requirements. 

Text about Annuity Training Requirements for California Insurance Agents Starting

All licensed California insurance agents who sell or solicit annuity products must complete the new 8-Hour Annuity Training requirement prior to July 1, 2025. This applies to all agents, resident and non-resident, and even to agents who previously took the 8-Hour Annuity Training.

The new 4-Hour Annuity Training Course will need to be taken each renewal period following. 

The California Department just recently issued the course curriculum 8-Hour course. We hope to have this developed and available by January 1, 2024. 

These new training requirements are in addition to 2 other training requirements that will become effective in 2025: A 4-hour Life Insurance Policies Course and a 2-hour Variable Life Insurance Policies Training Course. Agents can read about these new requirements on our bulletin here: SPECIAL BULLETIN: New Training Requirements for California Life Insurance.

Prepare for California’s 2025 Annuity Training Changes with BetterCE

We are currently in the process of developing the new 8-Hour Annuity Course. BetterCE keeps you informed with the latest updates. Stay ahead of these changes and complete your training with BetterCE!

Contact us for further assistance. We are here to help you meet your California Insurance requirements.

Categories: Blog, California, Training Requirements for California Insurance Agents

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