Description
This course is designed to provide financial professionals with an in-depth understanding of traditional fixed annuities and fixed indexed annuities including investment and insurance features, interest rate crediting methods, risks, and costs, and important factors that must be considered when advising clients regarding these products.
Learning Objectives
- Identify fundamental annuity features and characteristics shared by fixed and fixed indexed annuities.
- Explain the features and characteristics of traditional fixed annuities and important factors that should be considered when evaluating contract interest rates.
- Explain the features and characteristics of fixed indexed annuities and the methods used to calculate and credit index-linked interest.