Who Can Sell Indexed Annuities?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Insurance agents who are licensed in Life coverage can sell annuities. Indexed annuities are a contract with the annuity holder and the life insurance company in which the funds grow tax deferred. As long as the agent is not funding the Equity Indexed Annuity with qualified funds, no series 63 license is needed to sell this product.
    Answered on June 23, 2013
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