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Jan 7, 2015 - Annuities by Ingrid Evans | Share
ATTORNEY NEWSLETTER A report released by the Financial Conduct Authority in February 2014, said that the annuities market is messy and that customers are not getting the deals they deserve. In response, the government has put a cap on the sale of annuities. This cut to the annuities market has […]
Nov 20, 2014 - Annuities by Ingrid Evans | Share
ATTORNEY NEWSLETTER In 1997, Transamerica Life Insurance Co. became the first insurance company to introduce the Indexed Universal Life insurance policy. Since then, Indexed Universal Life insurance policies have grown in popularity. Indexed Universal Life insurance policies base rate of returns on the performance of stock market index. Purchasers are […]
Nov 5, 2014 - Consumer fraud by Ingrid Evans | Share
ATTORNEY NEWSLETTER While seniors and elders would prefer to be able to trust their closest friends and family, the fact is, those are the very people that may be hurting seniors and elders. Whether it is sons and/or daughters stealing from grandparents, or long-time friends suddenly in “dire” financial straits, […]
Oct 31, 2014 - Deferred Annuities by Ingrid Evans | Share
ATTORNEY NEWSLETTER Seniors and elders are the main targets for insurance and annuity scams. Scammers may set up fake insurance companies or loan seniors and elders money to invest in insurance using fake applications so when the senior or elder dies, the scammer receives all the money. Read the following […]
Oct 30, 2014 - Investment Fraud by Ingrid Evans | Share
ATTORNEY NEWSLETTER In September, New York Financial Services began an investigation into the Indexed Universal Life sales practices under the belief that insurance companies selling indexed universal life policies have been providing buyers with misleading information. In selling Indexed Universal Life policies, insurance companies use “illustrations” that contain information about […]
Oct 16, 2014 - Financial Exploitation by Ingrid Evans | Share
ATTORNEY NEWSLETTER Indexed Universal Life insurance policies are a type of permanent life insurance policy that bases its gains on how the stock market performs. If the stock market is doing well, then gains are higher and vice versa. However, some insurance agents may be providing buyers with misleading information […]
Aug 14, 2014 - Annuities by Ingrid Evans | Share
ATTORNEY NEWSLETTER Fixed indexed annuities (also known as deferred annuities) are long term investments/insurance that often have penalties or what are referred to in the life insurance industry as surrender charges for 15 years or more, and can have very high fees for withdrawal even if needed for necessary life […]
Apr 21, 2014 - Financial Exploitation by Ingrid Evans | Share
ATTORNEY NEWSLETTER Recent gains in the stock market have been a source of optimism for investors. The rising stock market has also broadened the appeal of certain investments that are linked to stock performance. Two kinds of life insurance policies that connect benefits to stocks are variable universal life and […]
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May 4, 2024 in California Financial Elder Abuse Attorney
May 1, 2024 in California Financial Elder Abuse Attorney
