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Category: Annuities Fraud

Dec 10, 2023 - Annuities by |

San Francisco Financial Elder Abuse And Annuity Attorney: Disadvantages Of Deferred Annuities For Older Consumers

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 […]

Dec 4, 2023 - Annuities by |

San Francisco Financial Elder Abuse And Annuity Attorney: Deferred Annuities Are Not Good Choices For Seniors

ATTORNEY NEWSLETTER Downsides Of Deferred Annuities Surrender Penalties Lock Policyholders In Other Contract Features Diminish Returns 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 a life insurance agent […]

Nov 30, 2023 - Annuities by |

San Francisco Financial Elder Abuse And Annuity Attorney: Why Deferred Annuities Are Poor Choices Especially For Seniors

ATTORNEY NEWSLETTER Never Be Rushed Into A Sale Complicated, Illiquid Insurance Contracts Understand The 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 (meaning it is costly to get your […]

Nov 22, 2023 - Annuities by |

Santa Barbara Financial Elder Abuse And Annuity Attorney: Understanding How Deferred Annuities Work And Why They Are Poor Choices For Seniors

ATTORNEY NEWSLETTER Long-Term Insurance Contracts Costly Surrenders Commissions, Fees, Participation Rates And Caps Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future. Sellers of deferred annuities include insurance agents, and all manner of financial advisors including advisors […]

Nov 18, 2023 - Annuities by |

Santa Barbara Financial Elder Abuse And Annuity Attorney: Avoid The Hype On Deferred Annuities

ATTORNEY NEWSLETTER Older Consumers Should Be Wary Of Deferred Annuities Loss Of Investment Control Surrender Penalties, Fees, Participation Rates, And Caps Evans Law Firm, Inc. generally recommends older consumers avoid deferred annuities because they are expensive and complicated and because these contracts tie up a senior’s money for years.  Whenever […]

Nov 8, 2023 - Annuities by |

Atherton/Menlo Park Financial Elder Abuse And Annuity Attorney: Downsides Of Deferred Annuities For Seniors

ATTORNEY NEWSLETTER Avoid The Hype About Annuities Exiting Annuity Contracts Is Costly Policy Fees And Low Rates Of Return Life insurance agents often use market volatility as a selling point for deferred annuities for retirement income planning.  Be careful when you hear that pitch. Deferred annuities are long-term insurance contracts […]

Oct 29, 2023 - Annuities by |

Los Altos Financial Elder Abuse And Annuity Attorney: Seniors Should Think Twice About Deferred Annuities

ATTORNEY NEWSLETTER Potential Problems For Seniors Costly Exits From Policies Pay Attention To 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, […]

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