Course Description

4-Hour Annuity Best Interest/Suitability CE Course – Colorado

Approved by the Colorado Division of Insurance | Approved Provider #236323 | Approved Course #67060 ✅
Only $15.99 | No added or extra fees | Instant Certificate | 100% Online & Self-Paced
Important: We do not charge the state reporting fee separately at checkout — it’s included. ✅

Sell annuities confidently and stay compliant with Colorado’s one-time 4-hour annuity best interest/suitability training requirement. This course breaks down what “best interest” means in real sales situations—how to collect and document consumer profile information, explain product features and risks clearly, disclose and manage conflicts of interest, and handle replacements/1035 exchanges with proper comparisons and paperwork.

Designed for busy producers, this course is 100% online and self-paced. Log in and out anytime without losing your place. When you finish, you’ll get an instant certificate of completion, and we report your credits within 24 hours. Backed by a money-back guarantee and trusted by thousands of licensees nationwide.

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✅ Who Should Take This Course?

✅ Colorado producers with a Life line of authority who sell, solicit, negotiate, or recommend annuity products
✅ Producers who need Colorado’s one-time 4-hour annuity best interest/suitability training before transacting annuities ✅
✅ Agents who want to reduce E&O exposure with stronger documentation and replacement comparisons
✅ Producers who work with seniors or vulnerable clients and want clearer standards for ethical communication and escalation

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✅ Colorado Insurance CE & Renewal Requirements (What to Know)

✅ Renewal cycle: Colorado producer licenses renew every 2 years.
✅ Renewal deadline: The deadline is typically the last day of your birth month in your renewal year.
✅ CE requirement (most resident producers): 24 total CE hours per renewal cycle (first-time licensees generally begin CE starting with their second cycle).
✅ Ethics: 3 hours of the 24 must be Ethics.
✅ Line-of-authority hours: At least 18 hours should be in the major line(s) you’re licensed for (Life, Accident & Health, Property, Casualty, etc.).
✅ Colorado annuity training requirement: Producers who engage in the sale of annuity products must complete a one-time, Colorado-approved 4-hour annuity best interest/suitability course before selling annuities (this course is designed for that requirement). ✅
✅ Common exemptions: Certain limited/restricted lines may be exempt from CE (for example, some limited lines like travel ticket, title, or credit).

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✅ How to Renew Your Colorado Insurance License (Step-by-Step)

✅ Step 1: Confirm your renewal deadline
Your renewal deadline is typically the last day of your birth month every two years.

✅ Step 2: Know your CE requirements
Most resident producers complete 24 total hours, including 3 Ethics, with most credits in their licensed lines.

✅ Step 3: Complete your annuity training (if you sell annuities) ✅
Finish this one-time 4-hour annuity best interest/suitability course before selling annuities in Colorado.

✅ Step 4: Take the course online (self-paced)
Log in/out anytime and resume right where you left off.

✅ Step 5: Download your instant certificate ✅
Your certificate is available immediately after completion.

✅ Step 6: We report your credits within 24 hours ✅
Your completion is reported promptly so your CE record updates quickly.

✅ Step 7: Submit your renewal
Renew through the state’s approved licensing/renewal system during your renewal window to avoid any lapse.

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✅ Topics Covered in This Course (4 Hours)

Hour 1: Regulatory Framework and Best-Interest Standard (50 minutes)

✅ NAIC model overview and consumer protection intent
✅ Key definitions: recommendation, consumer profile, material conflict of interest, replacement
✅ Best-interest obligations: duties of care, disclosure, conflict mitigation, documentation standards
✅ Suitability vs. best interest: what changes under the enhanced standard
✅ Roles of insurer and producer: supervision programs, delegation limits, carrier review/override
✅ Documentation and recordkeeping: what to capture, retention expectations, consumer refusals/self-directed decisions

Hour 2: Producer Duties Across the Sales Process (50 minutes)

✅ Consumer profile information: age, income, assets/liquidity, time horizon, objectives, risk tolerance
✅ Needs analysis and reasonable basis: aligning features with documented objectives and constraints
✅ Product feature and risk disclosure: fees/charges, surrender periods, bonuses, caps/spreads, market risk
✅ Compensation and conflicts: required disclosures and how compensation may influence recommendations
✅ Replacements and 1035 exchanges: structured comparisons, costs, lost benefits
✅ Seniors and vulnerable adults: cognitive decline red flags, elevated care standards, escalation pathways

Hour 3: Annuity Products, Riders, and Risk-Reward Characteristics (50 minutes)

✅ Fixed, indexed, and variable annuities: guarantees, crediting, investment risk, use cases
✅ Common riders: GLWB/GMWB, GMAB, death benefits, nursing-home waivers; costs vs. flexibility
✅ Surrenders, MVAs, and free-look: schedules, market value adjustments, partial withdrawals, cooling-off rights
✅ Fees, expenses, and opportunity cost: explicit/implicit costs and impact on outcomes
✅ Taxation basics and suitability: tax deferral, RMDs, 10% additional tax before 59½, qualified vs. non-qualified funding
✅ Illustrations and hypotheticals: limits on scenarios and labeling non-guaranteed elements

Hour 4: Supervision, Advertising, Ethics, and Case Studies (50 minutes)

✅ Insurer supervision and file review: red-flag triggers, remediation, producer oversight
✅ Advertising and consumer communications: what counts as advertising; approvals for digital/social/seminars
✅ Prohibited sales practices: churning, twisting, misrepresentation, unapproved materials, senior-event pitfalls
✅ Complaints, rescission, and remediation: timelines, corrective actions, when rescission may apply
✅ Multi-state nuances and training: forms/affidavit variations, reciprocity, continuing training
✅ Applied case studies and ethics: practicing documentation, disclosures, and conflict mitigation

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✅ Why Choose 1st Choice CE?

✅ Colorado-approved (Provider #236323 | Course #67060)
✅ Only $15.99 — no added or extra fees
✅ State reporting fee included (not charged separately) ✅
✅ 100% online and mobile-friendly
✅ Self-paced access — log in/out anytime without losing progress
✅ Instant certificate of completion
✅ Credits reported within 24 hours
✅ Money-back guarantee
✅ Over 10 years of trusted CE service
✅ Support by phone or text: 1-800-698-2770

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Enroll Now – Just $15.99 ✅

Course Details

• Approved by the Colorado Division of Insurance
• Approved Provider #236323
• Approved Course #67060
• Instant Access - Online Course.
• Study At Your Own Pace. Anytime.
• On Any Device. Phone, Tablet, or Computer.
• Hassle Free Navigation. Easy to Follow.
• Certificate emailed immediately upon completion.
• 1-800-698-2770 for any questions.