What Licenses required to sell Indexed ULdo you need to have

by jcapozzi1 » Tue Apr 16, 2013 12:20 pm

What Licenses required to sell Indexed ULdo you need to have a 6 & 63 NC.

Total Comments: 1

Posted: Tue Apr 16, 2013 01:24 pm Post Subject:

Indexed UL and indexed annuities used to be more commonly known as Equity indexed universal life and equity indexed annuities. They are now more commonly called fixed indexed universal life and fixed indexed annuities.

I am pointing that out because the key word is "fixed". These are fixed products which means that the insurance company takes the investment risk and their is no investment risk for the individual. Therefore, one does not need to be investment licensed. One just needs an insurance license.

Add your comment

Image CAPTCHA
Enter the characters shown in the image.