Best Interest Standard is Coming to Multiple States

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Best Interest Standard is Coming to Multiple States

The following states have recently adopted the new NAIC Best Interest Standard:

  • Delaware: Effective August 1, 2021
  • Idaho: Effective July 1, 2021
  • Michigan: Effective June 29, 2021
  • Ohio: Effective February 14, 2021
  • Nebraska: Effective April 6, 2021

Producers who completed a four-credit training course before the effective date must complete one of the following within six months of the effective date:

  • A new four-credit training course; or
  • A one-credit training that covers the new standards and requirements.

Producers who did not complete a four-credit training course before the effective date must do so prior to their first sale.

For more information, click to view RegEd’s Best Interest Standard FAQ.

To get help with new illustrations or for more information, call 800-568-2626 or email us at [email protected]

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