ATTORNEY NEWSLETTER Costly Withdrawals From Contracts Locked Into Investment Strategies Commissions, Fees And Caps Diminish Returns Deferred annuities are long-term insurance contracts which require you to lose control over your investment, and some annuities may earn little to no interest.  If you try to exit the annuity contract, you will […]

ATTORNEY NEWSLETTER Costly To Get Your Money Back Interest Crediting Rules Operate In Carrier’s Favor Contract Fees And Risks Of Loss 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 […]

ATTORNEY NEWSLETTER Costly Withdrawal Charges And Contract Fees Interest Crediting Rules Favor Carrier Risk of Loss Of Principal Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange from an income stream in years to come.  The principle sounds simple enough but in fact deferred […]

ATTORNEY NEWSLETTER Penalties On Withdrawals And Contract Fees Complex Interest Crediting Rules Risks Of Loss Deferred annuities are contracts where the policy holder makes an upfront premium payment in exchange from an income stream in years to come.  The principal sounds simple enough but in fact deferred annuities, like fixed […]

ATTORNEY NEWSLETTER Deferred Annuities Are Complex And Expensive Insurance Policies Policy Features Limit Your Upside Fees And Expenses May Be High Evans Law Firm, Inc. generally recommends against certain types of deferred annuities, including fixed indexed annuities, for older consumers based on what we have seen in our litigation experience: […]

ATTORNEY NEWSLETTER Long-Term Contracts With Surrender Penalties Loss Of Control Over Investments Low Or no Interest And High Fees Deferred annuities, such as fixed indexed annuities, are long-term, complex insurance policies which require you to lose control over your investment.  Some contracts may earn little to no interest, and if […]

ATTORNEY NEWSLETTER Deceptive Sales Practices Fees And Surrender Charges Understand How Returns Are Calculated Annuity sales to senior citizens have increased in recent years, but so has a sense of confusion among older consumers who are so often targeted by agents selling complex and expensive annuities. The confusion over these […]

ATTORNEY NEWSLETTER Carriers Pay Large Commissions On Annuity Sales High-Pressure Sales Tactics And Anxiety About The Economy Dangers In Replacing Existing Contracts Financial advisors and insurance agents often capitalize on the anxiety older persons have about the economy and whether they will have enough money to live on in the […]