Who Can Sell Equity Indexed Annuities? 
In California an agent must have a state insurance license that identifies them as a variable contracts agent , in order to sell a variable insurance product . To be licensed in that manner the state requires that the agent pass series 6 , 63 , or 7 of the FINRA exams . Then the agent must be appointed by a company offering equity indexed annuities to sell their variable products under the supervision of a broker-dealer . 