Category: Annuities

ATTORNEY NEWSLETTER Annuities: The Epitome of Bad Investments Annuities Well-known money manager Ken Fisher recently said with his trademark feistiness, “I hate annuities… and so should you.” He’s not just being cantankerous. His advice is really on the mark here: annuities may seem like attractive investments but, in reality, they’re […]

ATTORNEY NEWSLETTER Paying To Get It; Paying To Toss It: Surrender Charges Whole Life Insurance Whole life insurance policy holders usually walk away from buying their policy thinking they have set themselves up well for the future. But the question remains: have they? There are certainly competing views about whole […]

ATTORNEY NEWSLETTER No Love Lost… But What About Insurance Policies? Life Insurance and Beneficiaries There are millions and millions of dollars in life insurance benefits that go begging every year. In an isolated case, you can easily imagine how it happens in our world – a person takes out a […]

ATTORNEY NEWSLETTER Are Indexed Annuities Just Over-Our-Heads Difficult? Indexed Annuities Annuities are complex financial instruments. So-called indexed annuities are even more complicated. Yet, these investments are made quite often, which means people could be investing in a product they simply do not understand. And the stakes are incredibly high; often […]

ATTORNEY NEWSLETTER Annuities Gone Wrong Annuities Are A Problem Are you someone who has bought an annuity? Have you tried to take out your money and been charged a steep surrender penalty fee? Has your annuity investment lost you money? Sadly, you are not alone; annuity companies and their agents […]

ATTORNEY NEWSLETTER Long Term Care Insurance Benefits Denied: What, Why, and How to Fix It Background Knowledge of Long Term Care Insurance Long term care insurance, in essence, is there to, unsurprisingly: take care of you long term. The basis behind the insurance is you purchase it, pay your premiums, […]

ATTORNEY NEWSLETTER Brokers Move from Variable to Indexed Annuities Why the Variable Annuity is in Decline 2016 has been a rough year for many people, not least for sellers of variable annuities. Regulatory oversight, the new Department of Labor fiduciary rule, and market factors have led to a year that […]

ATTORNEY NEWSLETTER How Whole Life Insurance is Sold Term vs. Whole Life Insurance When you or I think of life insurance, what we’re most likely imagining is term life insurance. You pay your premium every month, and if you die while the contract is active, your beneficiary receives a sum […]

ATTORNEY NEWSLETTER FINRA cracks down on Variable Annuities Understanding Annuities In the wake of another round of FINRA crackdowns on variable annuity sales, it’s becoming increasingly clear that nobody knows how annuities work: not consumers, who have been tricked into buying products that lock their money into risky investments, and […]

ATTORNEY NEWSLETTER A major concern that our annuity fraud attorneys have with annuity products is the obfuscated means by which insurance companies try to squeeze some extra revenue out of their clients. In order to make their products appear more lucrative, they often advertise high base return rates, only to […]