Category: Insurance Fraud

ATTORNEY NEWSLETTER Complex, Expensive Insurance Contracts Getting Your Money Back Will Cost You Other Disadvantages Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid because during the […]

ATTORNEY NEWSLETTER Exiting Contracts Is Costly Sales Commissions, Fees, Participation Rates And Caps Questionable Sales Tactics Evans Law Firm, Inc. generally recommends against deferred annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Whenever an insurance agent or […]

ATTORNEY NEWSLETTER Dishonest Agents Target Seniors Case Examples Protecting Older Loved Ones Unscrupulous life insurance agents sometimes abuse their profession for personal gain by committing fraud on customers, particularly targeting older consumers in some cases.  Dishonest life insurance agents may exploit older consumers by selling them expensive and unsuitable insurance […]

ATTORNEY NEWSLETTER Complicated Insurance Contracts With High Sales Commissions Surrender Penalties Lock You In Diminished Returns And Investment Risks 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 High-Commission Insurance Contracts Penalized For Withdrawals Uninsured Investment Risk 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 need your money back. […]

ATTORNEY NEWSLETTER Complex, Costly Insurance Contracts Locked In By High Exit Costs Investment Risk Is Not Insured Against By FDIC 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 […]

ATTORNEY NEWSLETTER Complicated And Costly Insurance Policies Penalties For Getting Your Money Back Unfavorable Interest Crediting Formulas Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid because […]

ATTORNEY NEWSLETTER Claims of Fraud And Financial Elder Abuse Hundreds Of Thousands Paid In Fees Protecting Older Persons From Fraud Greedy financial advisors may prey upon an older person’s anxiety about money for the future by offering bogus “opportunities” promising high returns or unsuitable life insurance plans that generate substantial […]

ATTORNEY NEWSLETTER Complicated And Costly Insurance Policies Penalties For Getting Your Money Back Unfavorable Interest Crediting Formulas Evans Law Firm, Inc. generally recommends against certain types of deferred annuities especially for seniors because these complex insurance policies carry high fees, lack transparency and are illiquid. The contracts are illiquid because […]

ATTORNEY NEWSLETTER California Insurance Fraud Whistleblower Cases Whistleblowers Rewarded Attorneys’ Fees And Expense Awards The California Insurance Frauds Prevention Act (“CIFPA”) allows members of the public to file private whistleblower/qui tam suits against anyone who commits insurance fraud in the State of California.  Cal. Ins. Code § 1871.7.  There have […]