Series 7 license for insurance agents: why is it important?

“The Series 7 license allows finance or insurance professionals to offer ‘packaged products’ such as mutual funds, variable annuities, variable life insurance, UIT’s (Unit Investment Trusts), plus individual securities like stocks, bonds, ETFs, options – with these four as probably the most known investments,” explains Nic Nielsen, CFP and CLTC at North Carolina-based financial planner Know My Plan.