Category: Annuities Fraud

ATTORNEY NEWSLETTER Understand The Disadvantages For Seniors Withdrawal Penalties Make Exiting Policies Costly Fees, Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, like most deferred annuities, […]

ATTORNEY NEWSLETTER Policies Carry High Expenses And Fees Withdrawal Penalties Lock You In Investment Risk Is Not Insured Against Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose […]

ATTORNEY NEWSLETTER Avoid The Sales Hype Around Annuities Long-Term Contracts Are Costly To Exit Commissions And Fees Diminish Returns Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but in fact […]

ATTORNEY NEWSLETTER Lenders Cannot Cross-Sell Annuities Watch For Illegal Sales Tactics Remedies For Injured Seniors California seniors with substantial equity and significant appreciation in their homes but fixed incomes may be approached by lenders to consider getting cash by taking out a reverse mortgage on their home.  The title “reverse […]

ATTORNEY NEWSLETTER Deferred Annuities Pose Problems For Seniors Penalties For Exiting From Policies Fees, Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, like most deferred annuities, […]

ATTORNEY NEWSLETTER Cross-Selling of Reverse Mortgages and Annuities Illegal Beware of Pressure Tactics Remedies For Injured Seniors Bay Area seniors are often approached to take out reverse mortgages on their homes.  Often, these individuals have substantial equity and significant appreciation in home value but reduced income following retirement (you have […]

ATTORNEY NEWSLETTER Contract Expenses And Fees Withdrawal Penalties Make Exiting Contracts Costly Not FDIC Insured Evans Law Firm, Inc. generally recommends against certain types of deferred annuities for older consumers because these complex, expensive insurance policies may tie up a senior’s money for years and impose significant penalties if you […]

ATTORNEY NEWSLETTER Costly To Get Your Money Back Returns Diminished By Fees And Caps Resist Aggressive Sales Tactics Whenever a life insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement. Indexed annuities, like most deferred […]

ATTORNEY NEWSLETTER Locked In Contracts For Years No Control Over Investments Commissions, Fees And Administrative Costs As an industry saying goes, “Annuities are sold, not bought.” Don’t be one of the people who gets sold. Deferred annuities are long-term insurance contracts which require you to lose control over your investment, […]

ATTORNEY NEWSLETTER Disadvantages Of Deferred Annuities For Seniors Expensive To Get Out Of Contract Administration Fees, Participation Rates And Caps Whenever an insurance agent or financial advisor of any kind suggests an indexed annuity for you, be wary, especially if you are retired or nearing retirement.  Indexed annuities, like most […]