Category: Annuities

ATTORNEY NEWSLETTER A Closer Look At Variable Annuities and Seniors Variable annuities are complex annuity contracts with securities and insurance features. Returns on variable annuities fluctuate with the market making these complicated contracts especially dangerous for seniors. The complexity and confusion surrounding the terms of variable annuities can lead to […]

ATTORNEY NEWSLETTER Insurance Agent Takes $1 Million From Elderly Client A Recent Case Makes Headlines We at Evans Law Firm represent clients harmed as the result of insurance agents who financially abuse their elder clients. The harm an unscrupulous insurance agent can inflict is serious and can involve a lot […]

ATTORNEY NEWSLETTER Seniors Beware of Deferred Annuities The devil’s in the details. The old idiom is true of much in life. Insurance contracts surely live up to the saying, and none more so than complicated annuities. The Alameda County and California financial elder abuse, annuities and securities attorneys at Evans […]

ATTORNEY NEWSLETTER Full and Partial Surrenders Athene Annuity and Life Company, formerly Aviva Annuity and Life Company, issues fixed indexed annuities in California. These contracts, like all deferred annuities, include penalties for early withdrawals, known as surrenders.  Surrenders may be full (withdrawing the entire value of the contract) or partial […]

ATTORNEY NEWSLETTER Fighting Harm to Senior Citizens The California elder abuse attorneys at Evans Law Firm, Inc. know that whenever they sue insurance agents and carriers for financial elder abuse they’re in for a fight. Our lawyers are prepared for that fight. Agents and carriers will likely move to dismiss […]

ATTORNEY NEWSLETTER Forethought Variable Annuities California annuity attorneys at Evans Law Firm Inc. represent clients who have suffered losses on all types of annuity contracts, including variable and fixed indexed annuities. Forethought Life Insurance Company through Global Atlantic its underwriter and distributor issues variable and fixed indexed annuities under the […]

ATTORNEY NEWSLETTER Transamerica Life Insurance Company Variable Annuities The California annuity attorneys at Evans Law Firm Inc. represent clients who have suffered losses from surrenders and fees on all types of annuity contracts, including fixed, indexed, and variable deferred annuities. These contracts charge sales commissions, rider fees and other benefit […]

ATTORNEY NEWSLETTER FINRA Cracking Down on Faulty Annuity Replacements Cracking Down on Exploitation The Financial Industry Regulatory Authority (FINRA) is the independent authority that governs the nation’s financial industry, including the sale of annuities to American consumers. Lately, FINRA has begun to look closely at brokers who churn their clients’ […]

ATTORNEY NEWSLETTER Understanding Immediate Annuities An immediate annuity is an insurance contract where the policyholder makes a single lump-sum payment and then begins receiving back almost immediately regular income payments. Imagine, for example, you’re over 60 and sell your home and decide to put some or all of the proceeds […]

ATTORNEY NEWSLETTER Be Wary of Annuity Sales Presentations Have you ever returned to your car in a shopping center parking lot to find a flyer on your windshield inviting you to a free lunch and estate planning seminar? Such tactics are often used by insurance agents to lure seniors especially […]