Alabama: Best Interest Training is Here!

Alabama has updated the requirements around best interest and suitability in annuity transactions. New training courses will be required to be able to submit applications for any annuity products, including Asset Care annuity funding whole life. The changes for Alabama went into effect Jan. 1, 2022. Producers selling any annuity products, including Asset Care Annuity funding whole life in Alabama, must take these new training courses to sell these products. This course can now be taken using your usual training platform or on https://www.oneamerica.com/slproducttraining. Existing producers have until July 1, 2022, to update their training, and new producers must take the new Best Interest Annuity Suitability four-hour training before solicitation of applications. An email was sent on Jan. 11 to those affected by these changes.