ATTORNEY NEWSLETTER California insurance fraud attorneys are investigating potential claims against Prudential Life Insurance Company of America related to the sale of deferred annuities and life insurance policies. Deferred annuities, or fixed annuities, are types of long-term investments that often prohibit or preclude withdrawals for at least 10-20 years. Deferred […]

ATTORNEY NEWSLETTER California annuity fraud attorneys are investigating potential claims against Genworth Financial related to the sale of deferred annuities, as well as life insurance policies. Deferred annuities, or fixed annuities, are types of long-term investments that often prohibit or preclude withdrawals for at least 10-20 years. Deferred or fixed […]

ATTORNEY NEWSLETTER California annuity fraud attorneys are investigating potential claims against Aviva Life Insurance Company: Aviva USA/Athene USA, Aviva Life and Annuity Company related to the sale of deferred annuities. Deferred annuities, or fixed annuities, are types of long-term investments that often prohibit or preclude withdrawals for at least 10-20 […]

ATTORNEY NEWSLETTER An annuity is a type of insurance product that can be either deferred or pay out income, and is often used as a retirement strategy. The main types of annuities are deferred annuities, fixed equity annuities, indexed annuities, immediate annuities, and variable annuities. The size of the payment […]

ATTORNEY NEWSLETTER Seniors who have or are thinking about purchasing an equity-indexed annuity (EIA) should be aware of the advantages and disadvantages that come with an equity-indexed annuity. Some sellers of annuities include Massachusetts Mutual Life Insurance Company, Principal Life Insurance Company, Jackson National Life, Pacific Life Insurance Company, Aviva […]

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 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 […]

ATTORNEY NEWSLETTER Genworth Life Insurance Company, Genworth Life and Annuity Insurance Company, and Genworth Life Insurance Company of New York agree to a multi-state settlement regarding life insurance and annuity practices.  This was a multi-state examination that included Florida, California, Delaware, Illinois, Iowa, New Hampshire, North Dakota, Pennsylvania, and Virginia.  […]

Deferred annuity insurance policies often target senior citizens for their sale. Companies, such as Principal Life Insurance Company, offer deferred annuities that give the individual peace of mind that they have invested a portion of their funds into a life insurance policy, to care for the people they leave behind—a […]