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Category: Insurance Fraud

May 2, 2024 - Annuities by |

San Francisco Financial Elder Abuse And Annuity Attorney: Misrepresentations About Annuities

ATTORNEY NEWSLETTER Questionable Sales Tactics Recent Case Example Why Seniors Should Avoid Annuities 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 […]

Apr 16, 2024 - Annuities by |

Santa Clara County Financial Elder Abuse And Annuity Attorney: Why Deferred Annuities Are Poor Choices For Seniors

ATTORNEY NEWSLETTER Complicated Insurance Contracts Penalties For Getting Your Money Back 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 […]

California Life Insurance Attorneys: Downsides of Indexed Universal Life Insurance

ATTORNEY NEWSLETTER Indexed Universal Life Policy Disadvantages Escalating Premiums Complexity And Surrender Penalties Evans Law Firm, Inc. generally cautions against indexed universal life insurance and deferred annuities for senior consumers because these insurance products are expensive, complicated, and tie up invested money for long periods of time.  Deferred annuities are […]

Apr 4, 2024 - Annuities by |

Healdsburg/Sonoma County Financial Elder Abuse And Annuity Attorney: Why Seniors Should Think Twice About Deferred Annuities

ATTORNEY NEWSLETTER Deferred Annuities Pose Problems For Seniors Penalties For Exiting From Policies Fees And Potential Tax Liabilities 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, […]

Mar 30, 2024 - Annuities by |

Los Altos Financial Elder Abuse And Annuity Attorney: Why Deferred Annuities Are Not For Seniors

ATTORNEY NEWSLETTER Complicated Contracts With High Fees Penalized For Getting Your Money Back Complex 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 […]

Mar 25, 2024 - Annuities by |

Burlingame Annuity And Financial Elder Abuse Attorney: Why Deferred Annuities Are Not For Older Consumers

ATTORNEY NEWSLETTER Beware Aggressive Sales Tactics Long-Term Contracts Are Costly To Exit Commissions And Fees Diminish Returns Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange for an income stream in years to come.  The concept sounds simple enough but in fact deferred annuities, […]

Mar 13, 2024 - Annuities by |

Belvedere/Tiburon Financial Elder Abuse And Annuity Attorney: Deferred Annuities Are Not Good Choices For Seniors

ATTORNEY NEWSLETTER Understand The Disadvantages For Seniors Withdrawal Penalties Make Exiting Policies Costly 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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"We contacted Evans Law Firm when we were unable to collect on a Long-Term Life Insurance policy for an elderly family member. Ingrid responded almost immediately with an offer of a free consultation. I was immediately impressed with her passion for justice!!"
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