Category: Annuities Fraud

ATTORNEY NEWSLETTER Indexed Annuities Are Complex Insurance Policies Indexed Annuities Are Not Direct Fund Investments Surrender Charges, Fees And Return Calculations Indexed annuities are a particularly complicated variety of deferred annuities.  Despite the tile of this product and the various “funds” or “buckets” you may be offered to allocate your […]

ATTORNEY NEWSLETTER Deceptive Sales Practices Downsides of Deferred Annuities For Seniors Avoid High-Pressure Sales Tactics Insurance agents are paid significant sales commissions on sales of certain forms of deferred annuity insurance products.  Any high-pressure or deceptive tactics to sell these products, and sales of unsuitable annuities, violate the law and […]

ATTORNEY NEWSLETTER Agents Target Seniors For Annuity Purchases The Primary Disadvantages Of Annuities For Seniors Check With Tax Advisor And Get A Second Opinion Evans Law Firm, Inc. recommends seniors avoid certain types of deferred annuities because deferred annuity contracts can be expensive and complicated and tie up a senior’s […]

ATTORNEY NEWSLETTER Agents Target Seniors With Retirement Planning Seminars The Goal Is To Sell Annuities Resist The Hype And Understand The Disadvantages Events like “retirement planning seminars” or “retirement consultations” typically devolve into annuity sales pitches by the hosting insurance agent.  Whenever an agent approaches you to consider a deferred […]

ATTORNEY NEWSLETTER Seniors Targeted For Annuity Purchases Understand The Primary Disadvantages Always Get A Second Opinion Evans Law Firm, Inc. recommends seniors avoid deferred annuities because deferred annuity contracts are expensive and complicated and tie up a senior’s money for years.  Often, insurance agents out to make sales claims to […]

ATTORNEY NEWSLETTER Agents Target Seniors To Buy Annuities Annuities Aer Expensive And Tie Up Your Money For Years Substantial Penalties For Withdrawals During Early Contract Years Evans Law Firm, Inc. recommends seniors avoid deferred annuities because deferred annuity contracts are expensive and complicated and tie up a senior’s money for […]

ATTORNEY NEWSLETTER Be Wary Of Sales Presentations Seminars And Other Questionable Sales Tactics Understand How Annuities Work  Every time an insurance agent or broker sells an annuity (or talks a consumer into exchanging one he or she already has), the agent receives a significant sales commission.  Most commissions on annuities […]

ATTORNEY NEWSLETTER Understanding These Complicated, Long-Term Insurance Policies Commissions, Fees And Surrender Penalties Dangers In Replacements And Exchanges Of Contracts Evans Law Firm, Inc. recommends against annuities for older consumers because these complex, expensive forms of insurance tie up a senior’s money for years and impose significant penalties if you […]

ATTORNEY NEWSLETTER Annuities Are Complex, Long-Term Insurance Products Expenses Add Up Deceptive Sales Practices Evans Law Firm, Inc. recommends against annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Contracts carry significant annual fees and impose surrender charges […]

ATTORNEY NEWSLETTER Agents Target Seniors For Annuity Sales Beware Of Questionable Sales Tactics Questions To Ask And Red Flags For Consumers Evans Law Firm, Inc. recommends seniors avoid deferred annuities because deferred annuity contracts are expensive and complicated and tie up a senior’s money for years. If you are approached […]