Series 65: 3.8.3.5 Sales Charge

Taken from our Series 65 Online Guide

3.8.3.5  Sales Charge

Sales charges must be reasonable in terms of the services rendered. Under federal law, a sales load must not exceed 9% of the sum of the annual premiums that the insured would be expected to pay during the lesser of (1) her anticipated life expectancy or (2) 20 years.

Since you're reading about Series 65: 3.8.3.5 Sales Charge, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 65
Please Enable Javascript
to view this content!