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Understanding Variable Annuities

Topic

Risk Management and Insurance Planning

Program ID

318800

Hours

1

Format

Self-Study / Traditional course (50+minutes)

Complexity

Overview

Description

This course provides an overview of variable annuities, including insurance and investment features, annuity phases, fees and expenses, and factors relevant to the selection of a variable annuity contract.

Learning Objectives

After completing this course, you will be prepared to: - Identify the primary features and characteristics of variable annuities, including investment and insurance features. - Explain the operation of a variable annuity contract and variable investment options during the accumulation phase. - Identify the options available to contract owners when taking distributions from a variable annuity and important considerations associated with withdrawals and annuity payments. - Identify the various fees, expenses, and other potential costs associated with variable annuities.