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Will a new course category be created for courses that meet the new Annuity Suitability requirements?
Yes. To accommodate the transition to the new NAIC Suitability in Annuities model act, and the Michigan legislative changes, all annuities CE courses that are currently approved, will expire on June 28, 2021. A new course type called Annuities – Best Interest will be created and only annuities courses meeting the requirements of PA 266 will be approved with this course type.