Product Specific Training Requirements

As a valued partner of American Equity, we appreciate your hard work and accomplishments. Your continued success helps facilitate our own success. In an effort to assist you with conducting proper business, we will continue to send you updates about the compliance rules and regulations of our industry. Thank you for your partnership with us.

Under the NAIC Suitability in Annuity Transactions Model, a producer may not solicit a product without adequate knowledge of any product she or he recommends. Additionally, companies are required to provide product specific training for all producers, as well as have procedures in place to determine that producers are in compliance with the company’s product training requirements.

American Equity believes it is important for you to have a thorough understanding of our products in order to better serve your client. We offer many resources on our agent website to help you with our product portfolio, including product specific training.

American Equity will not be able to accept business from a producer who has not completed the appropriate product training module. If we receive an application prior to your having taken the appropriate product specific training, we will return the application to be re-dated and signed by the customer after the date of training completion.

This requirement is in addition to state specific annuity and/or suitability training necessary for agent licensing or continuing education. You should contact your state’s insurance department to determine what courses may be required to remain properly licensed to sell fixed and fixed indexed annuity products.

Thank you for your business and support of American Equity.