Who Can Sell Annuities?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Life insurance agents sell annuities because annuities are contracts with life insurance companies. If the annuities are not variable, any licensed life insurance agent can sell them. If buying a variable annuity, or if using qualified funds in the transaction, you must use a life insurance agent with the proper securities licenses.
    Answered on July 14, 2013
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