Category: Deferred Annuities

ATTORNEY NEWSLETTER Lincoln National OptiBlend® 10 Fixed Indexed Annuities The Lincoln National Life Insurance Company, part of the Lincoln Financial Group, issues fixed indexed annuities in California under the trade name Lincoln National OptiBlend® 10 Fixed Indexed Annuities.  These contracts, like all deferred annuities, include complex rules regarding returns and […]

ATTORNEY NEWSLETTER Seniors Targeted For Annuity Purchases Understand The Primary Disadvantages Always Get A Second Opinion Evans Law Firm, Inc. recommends seniors avoid deferred annuities because deferred annuity contracts are expensive and complicated and tie up a senior’s money for years.  Often, insurance agents out to make sales claims to […]

ATTORNEY NEWSLETTER Agents Target Seniors To Buy Annuities Annuities Aer Expensive And Tie Up Your Money For Years Substantial Penalties For Withdrawals During Early Contract Years Evans Law Firm, Inc. recommends seniors avoid deferred annuities because deferred annuity contracts are expensive and complicated and tie up a senior’s money for […]

ATTORNEY NEWSLETTER Understanding These Complicated, Long-Term Insurance Policies Commissions, Fees And Surrender Penalties Dangers In Replacements And Exchanges Of Contracts Evans Law Firm, Inc. recommends against annuities for older consumers because these complex, expensive forms of insurance tie up a senior’s money for years and impose significant penalties if you […]

ATTORNEY NEWSLETTER Annuities Are Complex, Long-Term Insurance Products Expenses Add Up Deceptive Sales Practices Evans Law Firm, Inc. recommends against annuities for older consumers because they are expensive and complicated and because these contracts tie up a senior’s money for years. Contracts carry significant annual fees and impose surrender charges […]

ATTORNEY NEWSLETTER Agents Target Seniors For Annuity Sales Beware Of Questionable Sales Tactics Questions To Ask And Red Flags For Consumers Evans Law Firm, Inc. recommends seniors avoid deferred annuities because deferred annuity contracts are expensive and complicated and tie up a senior’s money for years. If you are approached […]

ATTORNEY NEWSLETTER What Are Deferred Annuities?  Why Are Deferred Annuities Bad For Seniors? Understand How Deferred Annuities Work  Deferred annuities are insurance contracts where the policyholder pays a premium to an insurance carrier now for income payments in the future.  Below, we explain in more detail how these complicated insurance […]

ATTORNEY NEWSLETTER Retirees And Those Near Retirement Targeted  Seminars And Other Questionable Sales Tactics Understand How Annuities Work  Insurers, brokers and agents direct annuity marketing toward those planning to retire soon, and recent retirees who have their retirement savings in 401ks or other employer=sponsored plans.  Every time, an agent sells […]

ATTORNEY NEWSLETTER Aggressive Sales Tactics Inadequate Supervision And Omissions Of Important Information Misleading Sales Materials Annuity fraud takes place when seniors are sold annuity products they do not want or need. Insurance agents push these products because the sales generate substantial commissions and the carriers receive large premium payments. Evans […]

ATTORNEY NEWSLETTER Understand How Deferred Annuities Work Avoid Quick Decisions And High-Pressure Sales Tactics Ask the Right Questions And Get A Second Opinion An annuity is an insurance contract. An insurance company agrees to pay you income at regular intervals in return for an upfront premium payment; these annuity contracts […]