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Gleaner Yield Annuity Product Training

06-Jan-2012

As part of the new annuity suitability laws, Annuity Product Training for the Gleaner Yield Annuities is required at this time for resident and non-resident agents licensed in Indiana, Iowa, Kentucky, and Ohio. The training will also be required in Illinois by July 1, 2012. Sales representatives will not be allowed to sell Gleaner annuity products until the required product training has been completed and confirmation of the course completion is received at Gleaner.

Note: Sales representatives who previously took the Homestead Annuities product training must also take the new Gleaner Yield Annuity Product Training.

The purpose of this course is to offer a thorough orientation and training for Gleaner Life Insurance Society’s annuities and the application form. We will focus on the design and function of the Gleaner Yield annuities as well as their benefits, costs, and limitations. This course explores the use of the Gleaner Yield annuities for retirement and examines how these annuities are taxed. Finally, we will take a look at the suitability requirements for the sale of these products and will explore the situations for which they are appropriate. Upon completion of this course, you will be certified to sell Gleaner Yield annuities.