State RegulationsAZ specificDifficulty 1/5
Before selling, soliciting, or negotiating annuity contracts in Arizona, what training must a producer with an annuity line of authority complete under A.R.S. 20-1243.07?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Under A.R.S. 20-1243.07, a producer with an annuity line of authority must complete a one-time annuity training course before selling, soliciting, or negotiating annuities. The course is a one-time gate rather than a per-renewal requirement, and it applies to annuity sales generally, not only to older clients.
Why the other options are wrong
- B) Wrong because A.R.S. 20-1243.07 requires a one-time course, not a fresh course at every renewal.
- C) Wrong because training is a precondition to transacting annuity business; holding the line alone does not satisfy A.R.S. 20-1243.07.
- D) Wrong because the training obligation applies to annuity sales generally; it is not triggered only for clients over sixty-five.
Memory hook
Annuities: train once, then sell — a one-time gate.