The amended New York Reg 187 takes effect August 1, 2019 for annuity business. You will not be able to submit annuity business for New York until you have completed the required training. This regulation applies to all advisors submitting business in New York.
NY 187 Training Courses Available:
- Reg Ed – Course Title: NY Reg 187; Suitability and Best Interest of Clients in Life Insurance and Annuity Transactions – Course Code: 484_NY
- Kaplan – Course Titles: New York Suitability and Best Interests in Life Insurance and Annuity Transactions
- LIMRA – Course Title: Understanding Best Interest: NY Reg 187 for Producers
If you have any questions please contact Madison Brokerage’s Brian Lamb at 973-200-4768 or blamb@madisonbrokerage.com for more information.
