L&HMImedium
To solicit a variable annuity in Michigan, a producer must hold which combination of credentials?
AMI resident life license only
MI life license with variable line authority and FINRA registration (Series 6 or 7)
CFINRA Series 6 only, since variable annuities are regulated solely as securities products under federal law
DMI property & casualty license plus FINRA Series 63
Why this is the answer
Because variable annuities are dual-regulated as insurance and securities, Michigan requires the producer to hold a MI life license with variable contract authority AND a FINRA registration (Series 6 for packaged products, Series 7 for the full range), together with broker-dealer affiliation.
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