State RegulationsAZ specificDifficulty 3/5
How does the annuity training requirement under A.R.S. 20-1243.07 differ from Arizona's long-term care producer training under A.R.S. 20-1691.12?
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Answer & full 3-part explanation (select an option above, or peek)
Why D is correct
Under A.R.S. 20-1243.07, annuity training is a one-time course completed before transacting annuity business. Under A.R.S. 20-1691.12, long-term care producers must complete initial training hours plus refresher hours every two-year period. The annuity gate is once-and-done, while the long-term care regime is a repeating cycle — a distinction candidates must keep straight on the Arizona examination.
Why the other options are wrong
- A) The schedules are reversed; annuity training is one time, and long-term care training is the recurring requirement.
- B) The two requirements run on different models — one-time versus a repeating two-year cycle — so they cannot share a schedule.
- C) Annuity training is keyed to transacting annuity business rather than to initial licensure, and long-term care training applies to all LTC producers, not only veterans.
Memory hook
Annuity once, LTC keeps coming back — one-and-done versus the two-year refresher.