ATTORNEY NEWSLETTER Seniors and elders who are thinking about purchasing an annuity should first familiarize themselves with what an annuity is and the risks associated with annuities. Annuities are not right for everyone.  Read the following for more information on what are annuities, what types of annuities there are, and […]

ATTORNEY NEWSLETTER Annuities usually are not a good idea for senior citizens. The length of time in an annuity policy tends to vest after the expected lifespan of a senior citizen. Especially for senior citizens in poor health, an annuity may result in a loss of money instead of gain. […]

ATTORNEY NEWSLETTER Annuities are popular among the elderly because they are seen as a low risk, safe investment. Some are willing to forego maximum yields for security, though they understand a long term interest rate will always be lower than a short term one. There are several drawbacks however that […]

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 […]

By The Evans Law Firm of The Evans Law Firm posted in Annuities on Monday, April 1, 2013.  -Attorney Newsletter- In the past North American Company for Life and Health Insurance has been involved in litigation in California with other law firms, not Evans Law Firm, Inc.  resulting from the […]

By The Evans Law Firm of The Evans Law Firm posted in EquiTrust Life Insurance Company on Sunday, March 24, 2013.   -Attorney Newsletter- EquiTrust Life Insurance Company allegedly charged excessive fees that plaintiffs in a recent class action lawsuit claim negated any potential gains. The company, an affiliate of […]

By The Evans Law Firm of The Evans Law Firm posted in annuities on Thursday, March 7, 2013. -Attorney Newsletter- Multi-national British owned Aviva USA is the second largest seller of indexed annuities in the United States. Since 2004, Aviva USA has been involved in multiple lawsuits regarding the indexed […]

By The Evans Law Firm of The Evans Law Firm posted in annuities fraud on Thursday, February 28, 2013. -Attorney Newsletter-   Allianz Life Insurance Company of North America failed in its third attempt to win summary judgment on Racketeer Influenced and Corrupt Organization Act (RICO) claims alleged in two […]

By The Evans Law Firm of The Evans Law Firm posted in annuities on Wednesday, January 23, 2013. When insurance companies sold annuities to seniors, the seniors no longer had access to their money when they needed it most. Ms. Evans discusses annuities sold to seniors

By The Evans Law Firm of The Evans Law Firm posted in annuities fraud on Tuesday, October 23, 2012. ATTORNEY NEWSLETTER The insurance company American International Group, bailed out for $182.3 billion in 2008, will pay between $25 and $30 million to California life insurance annuity policy beneficiaries and $11 […]