Category: Deferred Annuities

ATTORNEY NEWSLETTER Downsides to Variable and Indexed Annuities Know the Risks Before You Buy Insurance industry figures show sales of variable and indexed annuities have increased in the past few months. Our litigators recommend against variable and indexed annuities for any consumers, especially seniors. All annuities are complicated and risky, […]

ATTORNEY NEWSLETTER Nationwide Life and Annuity Insurance Company Annuities Nationwide’s New Heights and High Point Fixed Indexed Annuities Nationwide Life and Annuity Insurance Company, part of the Nationwide Mutual Insurance Group, issues fixed indexed annuities in California and throughout the United States under the trade names Nationwide New Heights©, Nationwide […]

ATTORNEY NEWSLETTER The Downsides to Annuities in Retirement Plans Consider Other Tax-Deferred Options Risks to Seniors Our litigators recommend against annuities because commissions, fees and surrender penalties reduce returns and make it expensive to get your money out if you need it. We especially advise against any such investment for […]

ATTORNEY NEWSLETTER Balanced Choice Annuities From Athene Annuity and Life Company Athene Annuity and Life Company, formerly Aviva Annuity and Life Company,[1] issues fixed indexed annuities in California and throughout the United States under the trade names BCA Elevate©, Balanced Choice ©, and Balanced Choice Annuity Elevate ©. These contracts, […]

ATTORNEY NEWSLETTER Full and Partial Surrenders or Cancellations of Nationwide Life and Annuity Insurance Company Annuities Nationwide Life and Annuity Insurance Company, part of the Nationwide Mutual Insurance Group, issues fixed indexed annuities in California under the trade names Nationwide New Heights©, Nationwide High Point 365 ©, and Nationwide High […]

ATTORNEY NEWSLETTER Class Action Against Security Benefit Life Insurance Company Three consumers recently filed a national class-action lawsuit against Security Benefit Life Insurance Co. for misrepresentations made by Security Benefit in connection with the sale of certain of its fixed indexed annuities. Evans Law Firm, Inc. represents the plaintiffs.  The […]

ATTORNEY NEWSLETTER Indexed And Fixed Indexed Annuities Are Complex And Expensive Consumer Risks, Especially For Seniors Beware Complicated New Products Our lawyers recommend consumers, especially senior consumers, avoid annuities or life insurance. The insurance industry targets older investors with high-commission products like indexed and fixed indexed annuities. Indexed and fixed […]

ATTORNEY NEWSLETTER Indexed Annuities Are Complex and Expensive SEC Issues Bulletin Warning Consumers of Risks Our lawyers recommend you always beware when an insurance agent tries to sell you annuities or life insurance, particularly if you’re a senior. Annuities are complicated insurance products with a lot of red flags for […]

ATTORNEY NEWSLETTER What It Means For An Investment To Be Liquid Versus Illiquid Annuities Tie Up Your Money For Years Our lawyers recommend you always beware when an insurance agent tries to sell you annuities or life insurance, particularly if you’re a senior. One of the primary reasons senior consumers […]

ATTORNEY NEWSLETTER Variable Annuities Are Complex and Expensive The High Cost of Variable Annuities Our lawyers recommend you always beware when an insurance agent tries to sell you annuities or life insurance, particularly if you’re a senior. Annuities may be fixed (locked in interest rate), indexed (a blend of locked […]