Can I Sell Annuities With A Life License?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Yes, you can sell fixed and indexed annuities with a Life license. If you sell variable annuities you need a securities license. In addition, if your client is funding their fixed annuity with money from stocks, bonds, or mutual funds, you must have a series 6, 7, or 63 license in order to liquidate those funds and put them into the fixed annuity.
    Answered on September 20, 2013
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